LRC 15 minute long

BINANCE:LRCBTC   Loopring / Bitcoin
Looks like a bull pennant/flat dealy to me! :-D I'd put in a stop loss at 0.000120000 if you're feeling aggressive since it found resistance there before. Sometimes these things don't always perfectly follow the pattern but break out anyway, especially in this crazy market. If you're feeling more conservative try 13000 or sell on any full 15m candle that falls below the trend line of the pennant .
Comment: I apologize for the lack of updates, also I should have included some targets to watch out for the first being the previous high around 15300 which is what turned out to be the peak. Personally I like to scale in and out of a position in quarters so when we hit 15300 I sold 25% and waited, after seeing the two bear candles with lower volume and a lack of enthusiasm I sold another 25% and the remaining when things really started to tank on the third candle ^_^ I know 10%ish Isn't much to write home about in the crypto world but it was still a nice little pop to make over the course of a couple hours. I hope your trades went well and I'll be updating this idea in a moment. From now on I'll do my best to include targets within the ideas and try to make things clearer. Toodles!
It went well :D
+1 Reply
gottabkad ilc_crypto
@ilc_crypto, Yeah there's nothing wrong with a nice little 10% pop :-D
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