FieryTrading

🔥 LRC Return To Mean: Bubble Pattern Completed

Long
BINANCE:LRCUSDT   Loopring / TetherUS
Around 6 weeks ago I made an analysis on LRC where I talked about the bubble that LRC was trading in. As initially anticipated, LRC was trading in an area of despair and is currently reverting to the mean.


Smart money saw this area of despair as an opportunity to load up and accumulate. After a 85% drop from the all-time highs, LRC might see a strong pump in the coming weeks/months.

Not sure if we're going back to the ATH value, but a >$2 value is definitely possible.

Happy trading!

🎯Official Channel: t.me/FieryTradingChannel

📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free

✅Monster Signals: t.me/monster_cryptosignals

🔥Premium Signals: www.fierytrading.com
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.