Loop Ring Coin Eying Support

LPC had a big move up. Will be watching for a bounce off of this moving average.

Yorum:

Hasn't closed below the 50 day EMA, yet. Stochastic looking oversold. We still need green candles for confirmation. This setup will be invalid if:

We close under the 50 EMA.
We get a bearish 9/18 EMA cross.
Stochastic drifts sideways.

All of which is fancy talk for "negative price action"

Yorum:

Looks like it decided to ride the 50 day EMA sideways.