LBCBTC - possible head and shoulders or bounce

LBC is currently sitting on upward support. It looks like it has broke down below the upward support trend line but if we see it bounce off upwards then we will be able to open Long orders if RSI confirms a change in the direction of the price. However, if LBC keeps dropping below upward support then it looks like it will be heading for a near perfect head and shoulders formation so then we open up opportunities to short. Watch closely over the weekend to see what happens. Good luck trading!

BTC Donation/Tip: 1PdYRwtiiyrs5fZw778XKD4SX3f8iaxMnd