Technical analysis by AdaFiy about Symbol LRC: Buy recommendation (3/2/2024)

LRCUSDT It is trying to remain permanent with the falling wedge view above the weekly and monthly resistance levels. The conditions are clear and obvious: 1⃣ It needs to close weekly above the red area. 2⃣ After the closing, it may give a re-test appearance to the area it broke or it may react directly towards the 3-month pivot level. In such a reaction, a break or retest of the 3-month resistance level should be expected. 3⃣ The formation may be canceled by closing below the red area. 4⃣ In case of a formation study, it is recommended to take profit at sequential resistances. 5⃣ It is recommended to follow with #Bitcoin. 6⃣ This chart is not an investment recommendation. 🏆 Good luck guys!