Chibuike_Odoh

LRCUSDT - Possible uptrend continuation 🔼

Long
BINANCE:LRCUSDT   Loopring / TetherUS
Analysis 🔎: LRCUSDT brokeout above the symmetrical triangle's inclined resistance.
Price hit a new All Time High ( ATH ) and retraced.
Price is testing the flip horizontal support + key fibonacci retracement levels.
Price action is printing the inverse head and shoulders trend reversal pattern.
A bullish pin bar ( hammer ) was formed at the swing low (inversed Head).
Possible uptrend continuation.

Buy entry ⬆️: breakout above the inverse head and shoulders neckline resistance.

Targets 🎯: previous swing high ( ATH ), fibonacci extension level (1.0).

Setup invalidation ❌: breakdown below the right shoulder support level .