Loop Ring Coin Eying Support
LPC had a big move up. Will be watching for a bounce off of this moving average.
Note
Hasn't closed below the 50 day EMA, yet. Stochastic looking oversold. We still need green candles for confirmation. This setup will be invalid if:We close under the 50 EMA.
We get a bearish 9/18 EMA cross.
Stochastic drifts sideways.
All of which is fancy talk for "negative price action"
Note
Looks like it decided to ride the 50 day EMA sideways.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.