sebapao

LRC potential launch idea

Long
BINANCE:LRCBTC   Loopring / Bitcoin
We saw a strong decline of LRC (Loopring) during previous months, however it seems to have found support and broke out of the first trend line (the dashed one). If it continues up, breaking the solid trend line we could see some price action.

The team will release the open source mining software the 28th of February, which could bring positive sentiment.

Next to that we see a bullish crossover on the MACD trend, hopefully curves up to the positive area. Also volume is pouring in. I'm bullish on it!

Happy trading and enter with caution :)
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