LRC cup and handle fib journey - Daily
Just playing around
Is LRC repeating a previous cup and handle pattern and winding up to take off after the BTC halving on approx 20 April?
Testing the 0.236 support level
Previously poked the 0.382 resistance
Potentially bouncing off of the 121 or 200 EMA
Will likely not fall below the 0.2144 price level any time soon.
Psychological targets at $1 and $1.5 and 0.2700 downside.
This might be too crazy! Let's see how it plays out.
Is LRC repeating a previous cup and handle pattern and winding up to take off after the BTC halving on approx 20 April?
Testing the 0.236 support level
Previously poked the 0.382 resistance
Potentially bouncing off of the 121 or 200 EMA
Will likely not fall below the 0.2144 price level any time soon.
Psychological targets at $1 and $1.5 and 0.2700 downside.
This might be too crazy! Let's see how it plays out.
Note
Popped through the downtrend from 15 March - 7 April, will it hold?Danger zone to 0.2720 or holding the fairly strong fib level
/potential/ entry 0.3596 stop 0.3397 up to 1.5933 profit level
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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.