Symmetrical Triangle in LRCUSDT
* LRC in Daily time frame forms a Symmetrical triangle pattern.
* Symmetrical triangle occurs when the price consolidates between two parallel trendlines slightly sloping towards each other. The price is squeezed until it breaks the pattern.
* Symmetrical triangle is considered to be either trend continuation or trend reversal pattern depending on the pattern breakout.
* Above resistance LRC is bullish.
* Symmetrical triangle occurs when the price consolidates between two parallel trendlines slightly sloping towards each other. The price is squeezed until it breaks the pattern.
* Symmetrical triangle is considered to be either trend continuation or trend reversal pattern depending on the pattern breakout.
* Above resistance LRC is bullish.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.