FutureAmericanExpat

LRC LoopRing breakout but don't chase

Short
KUCOIN:LRCUSDT   LoopringCoin V2 / Tether
Little bit of an accountability video from me.

I believe I posted here yesterday, my elliot wave prediction for LRC.
I was wrong. It broke straight through my upper negative resistance trend and has now hit it R2(..? 🤯) weekly pivot.
I'm still going to be posting this in a short position for LRC, because I do still believe that we are going to see a descending triangle breakout.

In this video I also share about how important it is to locate, chart, and follow your positive and negative trend/channel convergences.

Watch till the end to get a little advice on using the strength index.

PATTERNS, baby.

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