b1g5mo

LRC cup and handle fib journey - Daily

Long
b1g5mo Updated   
COINBASE:LRCUSD   Loopring
Just playing around

Is LRC repeating a previous cup and handle pattern and winding up to take off after the BTC halving on approx 20 April?

Testing the 0.236 support level

Previously poked the 0.382 resistance

Potentially bouncing off of the 121 or 200 EMA

Will likely not fall below the 0.2144 price level any time soon.

Psychological targets at $1 and $1.5 and 0.2700 downside.

This might be too crazy! Let's see how it plays out.
Comment:
Popped through the downtrend from 15 March - 7 April, will it hold?
Danger zone to 0.2720 or holding the fairly strong fib level
/potential/ entry 0.3596 stop 0.3397 up to 1.5933 profit level
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