🔥 Loopring Bullish Channel: Reversal Soon?

Since the massive drop last week, LRC has seen quite the bullish reversal, gaining over 80% in the process.

However, the price seems to be in a free-fall since hitting the top of the channel. I'm looking at the channel's support area for a potential entry. Be aware that if BTC will remain bearish for the remained of the day we might fall straight through this channel. Overall market sentiment is key.

Happy trading!