KinaStar

Trend Continuation Idea 🤖

Long
KinaStar Updated   
BINANCE:LRCUSDT   Loopring / TetherUS
Multi-timeframe Technical Analysis:

  • D1 Bounced off strongly from key support level that holds the uptrend within the ranging market.
  • H4 Ichimoku Kumo Breakout destroying downtrend structure signaling the start of a potential reversal to the upside which goes along with Daily Timeframe trend and structure.

Key Areas

  • Key Support area: 0.2748 - 0.2493 (Potential Entries)
  • Key Resistance area: 0.4558 - 0.5243 (Potential Targets)

Please make sure to check brokers slippage along with trading fees for you to accommodate if the trading signal is useful for you or not.
Do not risk entire portfolio on a single trade. Remember market is king!

Stay healthy and happy trading!
Trade closed: target reached:
Awesome trade! GGs

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