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b1g5mo
Apr 4, 2024 10:47 AM

LRC cup and handle fib journey - Daily  Long

Loopring / United States DollarCoinbase

Description

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
Comments
comfortableyNumb
Looks plausible
Razich
Update
Razich
Could you please in lrc chart
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