I am going to present the technical analysis on Loopring on Bittrex.
On the 240 minute time frame, the LRC/BTC is showing the formation of symmetrical triangle pattern. This formed pattern is indicating bullish move. In case, it goes down further, don't forget to average this.
Also have a look on the MACD signal line which is also moving upward, thus showing a bullish move.
Have a look at the technical chart.
Image Source: www.tradingview.com
Indicators used:
I have used following two indicators.
- Relative Strength Index
- MACD
maybe bitcoin will up. thanks for info.
I hope bitcoin will up again and I recovered my money. Nice information dear
No Worry. stay calm and cool. Bitcoin will touch $18000 again.
it seems bullish.thanks for sharing.
yeah. It is under the bullish pattern.
Cryptocurrency is going to be big time folks, the mainstream media hypes the negative stories only, and ignores the big one day moves.
#Cryptocurrency #Blockchain
absolutely agree with the statment.
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