Hello Community,
LRC recently has a momentum movement as it breaks out both the ascending wedge and its long-time resistance level back to Feb 22.
From a four-hour chart, it is breaking out the long-time resistance level (indicated by the blue line) and it successfully breaks out the ascending wedge with enough volume.
It is testing the wedge as support now, but I'm pretty bullish on it as the volume is crucially huge.
My target for it is around 0.75.
Let's see what happens guys, and as always let's goooo and moonnnnn!
(Not financial advice, always have your own mind.)
LRC recently has a momentum movement as it breaks out both the ascending wedge and its long-time resistance level back to Feb 22.
From a four-hour chart, it is breaking out the long-time resistance level (indicated by the blue line) and it successfully breaks out the ascending wedge with enough volume.
It is testing the wedge as support now, but I'm pretty bullish on it as the volume is crucially huge.
My target for it is around 0.75.
Let's see what happens guys, and as always let's goooo and moonnnnn!
(Not financial advice, always have your own mind.)