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crash123
Mar 30, 2021 12:52 PM

LRC possible breakout Long

Loopring / TetherUSBinance

Description

There are big possibilities we could see some pullback here due to 4 hour RSI already on overbought area. I see some big support around 0.45 area. This could a great place to long. Daily RSI still below overbought area and I see hidden bullish divergence. We will see some pump if BTC going sideway or dint dump.

But there are possibilities we could go lower due to volatility of BTC. If BTC crash from here, we could see LRC will follow to dump.

Comment

LRC getting reject almost 3 times at my TP1 area. Not a good sign. Daily its making hidden bearish divergence and bearish divergence on 4 hour. If it break 0.54 cent area. We could see it hit below 0.5 cent area

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