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DrDovetail

Loopring currently teasing massive inv head & shoulder breakout

Long
Loopring (COINBASE:LRCUSD)  
DrDovetail Updated   
COINBASE:LRCUSD   Loopring
Trend Analysis Chart Patterns lrcusd LRC loopring Inverse Head and Shoulders weeklychart ATH alltimehigh
4
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trendanalysis chartpattern lrcusd lrc loopring inverseheadandshoulders weeklychart ath alltimehigh
The breakout is by no means confirmed yet. However once it is it can climb all the way to $1.93-2.00! This is what the pattern looks like on a weekly chart, and I wouldn’t be surprised i it was more o a 2 week chart pattern. I so this may take multiple weekly candle closes above the neckline before it triggers the breakout. I think loopring’s all time high was somewhere around $2.50 or so so it is definitely possible for it to reach these levels again and also very possible to hit a new all time high some time in the not so distant future. Keep an eye on this one.
Comment:
Target hit with exact precision! Click play and look at that top wick!
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