TradingView
Peyote_Manning
Apr 9, 2019 8:59 PM

LRC/BTC 4.9.19 (A lotta green grass out there) Long

Loopring / BitcoinBinance

Description

From bottom range in green to the tip of the top is about 1000%.

Dotted red lines are possible areas of resistance (interest).

Dotted blue is the current range high which was broken on the weekly but failed the retest. A close above the dotted yellow maintains the weekly higher low and LRC would be expected to challenge the blue resistance again.
Comments
Peyote_Manning
On the 1h there's a possible head and shoulders in play. If it were to play out the target would be almost exactly to that stop hunt wick. The volume doesn't completely support a H n S though but it's something worth keeping an eye on.

More