Loopring, LRC has been on a massive up-move for days. It did over 300%.
But all good stuffs must come to an end.
It peaked out on the 4H chart at near $3.90. Where I took my profit, because I saw the perfect indicator. After this I tweeted how it needs to cool off yesterday.
This is 1H chart, Double-Top formed already.
Failed to make Higher-High after previous bounce at 0.5 Fibonacci.
MA 10 is already broken twice on 1H.
RSI bearish divergence in progress
These are the signs, time to cool off for LRC. Time to take profit if you haven't already
Various support shown on the chart, support previously tested and the one yet to be tested.
Follow @CryptonKidd for daily analysis
PS: Tell me any Token you want me to do analysis on. I'd consider it.
But all good stuffs must come to an end.
It peaked out on the 4H chart at near $3.90. Where I took my profit, because I saw the perfect indicator. After this I tweeted how it needs to cool off yesterday.
This is 1H chart, Double-Top formed already.
Failed to make Higher-High after previous bounce at 0.5 Fibonacci.
MA 10 is already broken twice on 1H.
RSI bearish divergence in progress
These are the signs, time to cool off for LRC. Time to take profit if you haven't already
Various support shown on the chart, support previously tested and the one yet to be tested.
Follow @CryptonKidd for daily analysis
PS: Tell me any Token you want me to do analysis on. I'd consider it.