As we can see in the chart, the price of LRC/BTC is following a penant pattern on a 4-hour chart. The volume was high during the formation of the pole and has been decreasing in the formation of the penant. If the price breaks out of the penant pattern the target is around 0.00005376.
A golden crossover (50-d ema has crossed 200-d ema from above) has taken place between which is a bullish signal.
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