#𝗟𝗥𝗖/𝗨𝗦𝗗𝗧 𝟭 𝗗𝗔𝗬 𝗔𝗡𝗗 𝟰 𝗛𝗢𝗨𝗥 𝗧𝗜𝗠𝗘 𝗙𝗥𝗔𝗠𝗘 𝗔𝗡𝗔𝗟𝗬𝗦𝗜𝗦
• Lrc is consolidating between $0.33-$0.42 it is highlighted by a green box and support is at $0.33 , if it breaks the box upwards we will long our position.
Target - $0.6 (resistance)
• A downward movement breaking the box will indicate Bearishness (short).
Target - 3:1, 2:1
• In 4 hour time frame it is facing resistance at $0.42.
• Lrc is consolidating between $0.33-$0.42 it is highlighted by a green box and support is at $0.33 , if it breaks the box upwards we will long our position.
Target - $0.6 (resistance)
• A downward movement breaking the box will indicate Bearishness (short).
Target - 3:1, 2:1
• In 4 hour time frame it is facing resistance at $0.42.
#𝗟𝗥𝗖/𝗨𝗦𝗗𝗧 𝟭 𝗗𝗔𝗬 𝗧𝗜𝗠𝗘 𝗙𝗥𝗔𝗠𝗘 𝗔𝗡𝗔𝗟𝗬𝗦𝗜𝗦
• Lrc is currently in its consolidating phase, it has faced a resistance at $0.446 and there is a support at $0.334, formation of a red candle at the resistance will indicate Bearishness (short).
Target - $0.334
• If it breaks the resistance we will long our position.
Target - $0.612
• Lrc is currently in its consolidating phase, it has faced a resistance at $0.446 and there is a support at $0.334, formation of a red candle at the resistance will indicate Bearishness (short).
Target - $0.334
• If it breaks the resistance we will long our position.
Target - $0.612
#𝗟𝗥𝗖/𝗨𝗦𝗗𝗧 𝟭 𝗗𝗔𝗬 𝗧𝗜𝗠𝗘 𝗙𝗥𝗔𝗠𝗘 𝗔𝗡𝗔𝗟𝗬𝗦𝗜𝗦
• Lrc has a support at $0.3435 and has a resistance area at $0.4484, formation of a bullish candle at the support will indicate a upward movement thus we will long our position.
Target - $0.4484
• If it breaks the support we will then short our position.
Target - 2:1
• Lrc has a support at $0.3435 and has a resistance area at $0.4484, formation of a bullish candle at the support will indicate a upward movement thus we will long our position.
Target - $0.4484
• If it breaks the support we will then short our position.
Target - 2:1
#𝗟𝗥𝗖/𝗨𝗦𝗗𝗧 𝟭 𝗗𝗔𝗬 𝗧𝗜𝗠𝗘 𝗙𝗥𝗔𝗠𝗘 𝗔𝗡𝗔𝗟𝗬𝗦𝗜𝗦
• Within the context of LRC a Descending Symmetrical Triangle pattern can be seen , there is potential for the inclusion of short positions. Our entry point for this trade will be at the point of breach, specifically when it surpasses the $0.1685 mark.
Target levels: $0.1656 and $0.1650
Stop loss - $0.1772.
• Within the context of LRC a Descending Symmetrical Triangle pattern can be seen , there is potential for the inclusion of short positions. Our entry point for this trade will be at the point of breach, specifically when it surpasses the $0.1685 mark.
Target levels: $0.1656 and $0.1650
Stop loss - $0.1772.