LRC SHOWS A SIGNAL OF BREAKOUT FOR NEW HIGHDear traders,
LRC shows on long term a breakout signal view what even can go above the 3 usd - this depending on the TA study and volume ranges of the coin.
Its important that LRC get over the 1.80 to make new trend to the breakout.
LRC is one of the top coins that have a view for breakout coming time.
Also depending on whale wallet show - it seems its positive increasing, what this mean the time will show it.
Unexpected trends could happen coming time on this coin, as some volume structures shows this coin could have soon a breakout.
This not a finance advice, trade safe.
- LRC trading now stable - and on low time frame it shows not much effect.
LRC
not financial advicethis post is for myself to track my own ideas; brief description not really needed here, just filling up character limit... thanks trading-view
but yeah
idea is a projection of a sin curve w/ tilted angle;
don't know what candles will say;
look like inflection point on 200 Day SMA
if BTC relief rally --> ETH rally --> ALTS rally as rising tide lifts all boats; not fin. advice
Loopring Relief?Before looking at any altcoin, we must look at the status of Bitcoin. BTC is in a healthy short-term uptrend after having a 75% drop to below $18k.
- If Bitcoin is able to make a move to $27,500 - $30,000 we can see alt coins like LRC following suit.
BITSTAMP:BTCUSD
Loopring has been in a comfortable uptrend from $.30 to $.50 for the past 2 months, accumulating for what looks to be a move to the upside and some relief after a long -90%+ move.
TARGET: ≈ $.80
- Keep an eye on BTC because looks like buyers are slowly & quietly moving back into the space.
Loopring Volume Breakout (100% Target Mapped)LRCBTC (Loopring) has seen an increase in volume in the past two days as prices move above EMA50.
The next barrier is set at EMA100, which is very likely to be conquered today and then fast growth.
We are seeing an easy 100% target short-term.
The Altcoins vs Bitcoin pairs will move now while the others retrace.
Namaste.
LRC/BTC Great Buy - Strong Strength SnapshotFollowers may request a strength snapshot of any cryptocurrency, so like and follow.
1) Strength Profile: Green and very strong.
2) Bull Bear Squeeze: Bulls are well in charge.
3) Money Flow: Is positive and increasing.
For now, LRC/BTC is a great buy - Strong Strength Snapshot: Strength Profile 🟢 Bulls in Charge 🟢 Money Flow 🟢 I'm long from 1909 sats.
Loopring-USDTPamp Coin. Since the last high the price has corrected by 90%.
The price is moving in a downtrend, now an attempt to equalize the local trend.
It is possible to consider a speculative trade in case of price fixing above 0.4 or from support 0.36 at its (confirmation, i.e. rebound from the level). Targets are 0.51 and 0.6.
Stop at consolidation below 0.36, or based on your risk profile.
1D
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Always use STOP, and do not use a leverage higher than x3.
A trader must always have tomorrow.
I Believe this is a trapThis looks like a bull trap to me. LRC should hit 24ish cents before we see and uptrend again, but if the global market wants to keep diving we then we definitely see sub 10 cents regardless of the market launch (which sees an obvious boost before another dump).
Maybe the launch will come full with games, movies, big content from big creators/companies? Could that potentially become a "catalyst''?
If it's just useless, ugly photos/gifs at launch then we most definitely will continue to dump.
Terrible time to have to be hyping a launch.
My quick two cents on the situation before August, 24 cents, and that one sure thing is the uncertainty with market fear.
BUY when it's best for YOU.
LRC/USDT: On key support waiting for bullish reversal---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)-------
LRC/USDT: On key support waiting for bullish reversal
Context
- The Global Crypto market leads by BTC and ETH is still evolving within a bearish market configuration. Like the others digital assets LRC (Layer 2) suffered about negative global market situation
- LRC is expected to show some bullish pre-signal soon (looking at 50% area on RSI or divergence)
Market configuration
- Graphical Elements :
Graphical Resistance = 0,7220 & 430
Graphical Support = 0,0710
- Mathematical Indicators:
EMA ( Exp Moving averages) are still capping the market at 0,7220 = Bearish
RSI indicator (below) is below trend line and 50%, bouncing off key support but no divergence = Bearish/Neutral
- Elliot & Harmonic Wave (Fibonacci):
Fibonacci Target C (B) is set at = 0,3260
Fibonacci resistance of the wave in progress = 0,7220
Fibonacci support of the wave C (B)(max extension) = 0,23
Fibonacci Bullish Target = 1,1220
Conclusion
Preferred case => Regarding the mid-term element, LRC is expecting to do a bullish reversal from the area we are now. However the lack of bullish element from mathematical indicator is still showing a potential last downleg risk to max 0,23 before going up to 0;7220 and 1,1260
Alternative cases => Breaking 0,23 a significant drop will open the door towards close 0,0710 = crash
LRC/USDT : Loopring bullish presignal on goingLRC/USDT : Loopring bullish presignal on going
Context :
Following the last past week bearish price action on the crypto space, the LRC - Loopring, an interoperability solution L2 for CEX/DEX, was evolving within a bearish trend before reaching the key Fibo and auto similar move (Blue arrow) potential at 0,65 (// 28,800 - 32,400 area BTC) - Today with a strong bullish price action the LRC reached 1,24 area the bullish upside confirmation level to break to open a larger rise towards the next target.
Im really confident to see all the coin around interoperability chain / bridge surging this year ( ex: BICO, CELR, LRC,GRT,KSM...) it is a strong thematic...
Tactical view 3 to 6 weeks
buy any dips (1,00/0,95 perfect area) above 0,65 to play a break above 1,24 and play freelunch at 2,60 and and test of the former top in extension
Enjoy my friend !
(And don't hesitate to have a look to my website in signature we have nice giveaway/contest on going with the launch of our app in the next days :) )
LRC - Waiting for trendline to breakdownReasons to take short
⭐️ We are in a bear trend
⭐️ Trendline is clean
⭐️ Trendline is 10 days old
⭐️ Volume at top
⭐️ Pullbacks are getting smaller
⭐️ 4th touch
⭐️ 45 ATR
Will enter when price squeezes to the level on 5m timeframe, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones