BINANCE:LRCUSDT
Hello everyone 😃
LRC had a breakout and now it's facing resistance line.
Funding is high so breakout could fail anytime..
Now MACD and volatility is reaching their limits and they need to cool off little a bit.
There might be another bounce to higher resistance zone and then a retest above bearish trendline...
📌 Also there's a chance for...
Rising up from the support zone, bulls are strongly pulling LRC above the descending resistance line. After pull-back a good 20-30% rise is expected if enough volume could be provided. 0.65-0.7 won't be out of reach. Try to catch it before it's gone.
Trade Safe
#LRCUSDT
0.61568 entry
Take Profit 1: 0.66405
Take Profit 2: 0.70645
Take Profit 3: 0.74885
Stop Loss 0.52680
Reward: 24%
LRCUSDT has successfully retested the important level of 0.61.
Note: Trade at your own risk as crypto is fast with the possibility of potential gains or losses. I'm not your financial advisor.
Like the Idea if you feel it...
Hello to you all. Mars Signals team wishes you high profits at all times.
If LRC is able to break the white line the upside, then we can expect a bullish run. If the price does not succeed to break the white line, it will fall further.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
What seemed to be some slow growth with those loops up and down turns out be an admireable 3x upswing for LRC in one month. If the same pattern is repeated once more a great place to enter is at 0.7. Expected target with that pattern would be at 1 dollar. Remember, these patterns might subject to change without notice :)
Trade safe and take care
Cheers, Whoop
