LRC/BTC (Sign of Weakness?)

💎Technical Analysis Summary💎


BINANCE: LRCBTC


-Looping is trading within a rising wedge on an RSI divergence
-This is technically Bearish in terms of chart pattern
-It is still unconfirmed until the upward trendline is broken down
-I recommend to Sell if a Bearish candle closes below 2k sat
-The downside target is the previous Resistance/Support at the 1400s sat
-Wait for the confirmation and don't rush into the trade without a plan





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