LRC would have had a nice little run yesterday if it wasn't for BTC leaving the party.
Even so, definitely some great signals for LoopRing. Still bullish in the fact that LRC has had a resistance/support flip right around the ~T1.15 mark (blue dashed line)
Triangle now forming within what was once, a nice positive trend for ol' LoopRing, and is now a super mopey...
🌀 LoopRing cup and handle is forming! ☕️
I wouldn't be snoozin' in the next several hours here 💤 because we could see a big ol' jump .
LRC seems to always move in these very violent strikes, hitting the pivot several times (forming a cup and handle).
Other tokens featured in this video are:
Algorand (ALGO
Zilliqa (ZIL)
Jasmy (JASMY)
🤫🐿♠️
Little bit of an accountability video from me.
I believe I posted here yesterday, my elliot wave prediction for LRC.
I was wrong. It broke straight through my upper negative resistance trend and has now hit it R2(..? 🤯) weekly pivot.
I'm still going to be posting this in a short position for LRC, because I do still believe that we are going to see a descending...
*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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