This analysis is an update of the analysis that you can see at the bottom of this page, in the related analysis section
LRC Diametric seems to be complete. By maintaining the green range, it can move towards the targets.
Closing a candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Trade active
⋅
LRC update is like this.
The LRC range is large because it did not give us a clean range and there were many fluctuations and shadows in this area.
It is expected to move up while maintaining the green range.
50% of the green range is a suitable place for buy/long positions.
Hi. Thanks for the update. Whats the max potential? Can i reach 6-7 ?
Bobron
⋅
@Razich Impossible answer to give. If it provides something that catches on to adoption or provides a useful tool for an established company to utilize then this could absolutely hit 20, 30, 40.
Everything right now is speculative and extremely high risk.
Loopring may cease development in 3 or 4 years or it may be a useful technology.
So, The answer you're seeking is both a yes and no because there so much information to take into account. There's also so many conditions you can't predict.