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WallStretDefi have been trading for 20+ years on the stock markets and 12+ years in the Crypto Space, we are here to share our ideas with you.
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
Warning; our thoughts are ours; not financial advice.
In our opinion, Loopring (LRC) joins a host of other assets that have to make a critical decision today or in the coming days, either to break up to the upside or totally reject the upper side of the uptrend channel.
If today's candle closes above the channel, some bullish days ahead. If not, we should expect...
Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.