LRC.usd watch 26 cents: Golden Genesis fib break to mark Bottom?LRC is an alt that has NOT run yet but might go quite soon.
Now testing a Golden Genesis fib that will be hard to break.
Looking for a Break-and-Retest entry with SL just below fib.
Key stats
LRCUSD LoopRing... Ring.. Ring. Hello? Like a phone, lol get it?
Okay, enough fun, time for the serious stuff.
Loopring is at support area, where things are flipping in the bullish direction
I don't know the exact point it moves, but I know .1 was an area of support on a past chart.
Take this move and probably compress the line, which is
LRCUSD LOOPRING IS THIS THE END?not really, unless something super major happens which is outside of TA and puts the coin down to nearly nothing.
Overall, RSI is bearish, but gearing up to move bullish for at least a little bit, at which point, it can reject the short term trend and continue to funnel down or it doesn't and the sh
LRC, LOOPRING, HOW MANY LOOPRINGS DO YOU THINK SONIC COULD EAT?Something is going on with this coin on the technical side.
There is literally no downside target that I can see right now, so I just labeled in MASSIVE SUPPORT TREND.
It looks like it is really close to making a move to the upside.
Somewhere around .8
Then it will likely hit some resistance there,
LRC, SONIC THE SEQUEL (LOOPRING) Here it is!!
Price targets (sell targets) red/light red
Two current trends that are fairly major, which were on the old chart.
Parabolic curve meaning short term movement which can really pull the price in some crazy directions.
However, be careful because I currently can't find a real number over 7
LRC LOOPRING, IS THERE A PATH TO .75 I mean, yes.
But it is low probability that it happens or even happens as shown.
So the reason for the projection line, is to show how it "could" dip into the buy zone and potentially below allowing for a spring.
It doesn't need to happen this way, but essentially these low price targets hitting
LOOPRING, Cuz if you like it, then ya shoulda put a RING on itLoopring chart update to reflect an unlikely move, but also possible, and also allows for me to add in the higher lines and show the full potential retracement scenario.
In other words, buy the dip, but like .9 is around a 200% gain from here. Don't be greedy at that point, be greedy now and on the
LRC cup and handle fib journey - 23 day trend brokenFollow-up on a previous long term idea.
LRC popped through the downtrend from 15 March - 7 April, will it hold?
Holding the trend, following a strong fib level.
Danger zone to 0.2720 if fib isn't held.
/potential/ entry 0.3596 stop 0.3397 up to 1.5933 profit level
LRC cup and handle fib journey - Daily Just playing around
Is LRC repeating a previous cup and handle pattern and winding up to take off after the BTC halving on approx 20 April?
Testing the 0.236 support level
Previously poked the 0.382 resistance
Potentially bouncing off of the 121 or 200 EMA
Will likely not fall below the 0.2144
Loopring breaking up from descending channel target = 57.5 centsDefinitey looks like it’s validating the breakout here after 2 previous attempts that ended up going back inside the channel. 3rd time here is likely the charm but it needs to overcome the resitance of the weekly 200ma (in blue) first before it can hit the full target. *not financial advice*
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