LRC Update / Consolidation @ 3.26 and movement soon
As you can see in the chart a consolidation has formed around 3.26(white line) while still being in an up trend shown by the purple line that also acts as support. I'm certain that if it closes bellow the purple line we will start seeing some downtrend. To where? I don't know, but If that happens I believe the next consolidation will be around 2.83(red line).
Volume is also having a downtrend as people are waiting for something to happen. You can also see clearly the wave patterns oscillating around the 3.26 consolidation slowly fading to a flat line almost.
We should be seeing some movement soon. Not certain where it will go but overall I'm still bullish on it.
Volume is also having a downtrend as people are waiting for something to happen. You can also see clearly the wave patterns oscillating around the 3.26 consolidation slowly fading to a flat line almost.
We should be seeing some movement soon. Not certain where it will go but overall I'm still bullish on it.