đź’ŽTechnical Analysis Summaryđź’Ž
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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Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
``````````````````````````````````````````````
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
``````````````````````````````````````````````
Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
``````````````````````````````````````````````
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.