MattieDsCryptoLounge

LRCUSDT 4H Long setup; Long after bouncing on bottom of channel

Long
BINANCE:LRCUSDT.P   Loopring / TetherUS PERPETUAL CONTRACT
TA Explained
LRCUSDT clearly forming a parallel channel here. After the bounce at the bottom line of the channel a test of the upper line can be expected.

If it breaks next targets are previous considerable price levels. Stop loss below channel.

Trade setup
Best entries: 0.172120 - 0.177350
TP1: 0.187380
TP2: 0.199340
TP3: 0.212670
SL: 0.163700
RR: 3.47
Max leverage: 3x
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)

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