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LRCUSDT - Possible uptrend continuation đŸ”Œ

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BINANCE:LRCUSDT   Loopring / TetherUS
Analysis 🔎: LRCUSDT brokeout above the symmetrical triangle's inclined resistance.
Price hit a new All Time High (ATH) and retraced.
Price is testing the flip horizontal support + key fibonacci retracement levels.
Price action is printing the inverse head and shoulders trend reversal pattern.
A bullish pin bar (hammer) was formed at the swing low (inversed Head).
Possible uptrend continuation.

Buy entry âŹ†ïž: breakout above the inverse head and shoulders neckline resistance.

Targets 🎯: previous swing high (ATH), fibonacci extension level (1.0).

Setup invalidation ❌: breakdown below the right shoulder support level.

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