What seemed to be some slow growth with those loops up and down turns out be an admireable 3x upswing for LRC in one month. If the same pattern is repeated once more a great place to enter is at 0.7. Expected target with that pattern would be at 1 dollar. Remember, these patterns might subject to change without notice :) Trade safe and take care Cheers, Whoop
One more triangle, wolves🔥 Loopring is the altcoin that is on our note today. We have not too big symmetrical triangle pattern on 15 min frame. If you trade on futures take a closer look on it, this is nice opportunity to catch impulse. According to the Elliott Waves theory all the waves are done, so fast and furious movement is waited. If you enjoy my FREE...
Warning; our thoughts are ours; not financial advice. In our opinion, Loopring (LRC) joins a host of other assets that have to make a critical decision today or in the coming days, either to break up to the upside or totally reject the upper side of the uptrend channel. If today's candle closes above the channel, some bullish days ahead. If not, we should expect...
ANALYSIS 🔎 - LRCUSDT brokeout above the symmetrical triangle(1) inclined resistance. - LRCUSDT hit a new ATH and retraced. - Price retested the flip horizontal support and 0.618 fibonacci retracement level. - A bullish pin bar (hammer) was formed at the retest area. - Price action is printing a symmetrical triangle(2) pattern. - Breakout above symmetrical...
Loopring is looking good at the BTC (and the USDT) pair and is primed for a breakout (if King Bitcoin allows it).
LRC Buy If Breaks out Signal: Red -> Green Trend: Green Trade close manually when: the above ribbons turns Yellow or better Red. LRC LRCUSD LRCUSDT LRCUSDTP Loopring DISCLAIMER This is only a personal opinion and does NOT serve as investing NOR trading advice. Please make your own decisions and be responsible for your own investing and trading Activities.
Analysis 🔎: LRCUSDT bounced off the major ascending channel support and brokeout above the symmetrical triangle's inclined resistance. It also brokeout above the previous swing high. Price is heading to the major ascending channel resistance. The impulsive move is supported by an ascending trendline support. Price is retracing to the ascending trendline...
Hi everyone here is my ideas and thought on where loopring may test soon, please comment with any added suggestion or ideas i may have missed if you see anything . not financial advice.
Analysis 🔎: LRCUSDT brokeout above the symmetrical triangle's inclined resistance. Price hit a new All Time High (ATH) and retraced. Price is testing the flip horizontal support + key fibonacci retracement levels. Price action is printing the inverse head and shoulders trend reversal pattern. A bullish pin bar (hammer) was formed at the swing low (inversed...
As most other crypto assets out there, LRC is clearly overbought. Fibwise, targets hit perfectly fit with a completed wave I, and start of a reversal in a correction wave II. Ether short (top yellow target) or deep, lower ones, I see LRC correcting to one of those levels before kicking in wave III, making new highs day after day. Not a financial advice. Happy trading.
here is my next idea and drawing for loop ring and higher highs like comment not financial advice.
It's time for a correction > We broke through the trendline > The asset is over-purchased > Net network growth is low > 0% in large transactions
Loopring (LRCBTC) has grown by 105%+ in the past two days/candles... Massive if you ask me. We had similar action back in November that ended up being just a fake bounce, this is marked in yellow. When we look back at November, we only have one day with good/strong volume and the RSI was really low. Looking at the present time, we have a very strong volume...
Hi Everyone, Does anyone else see the path i just charted for Loopring It looks pretty good to me please comment what u think. likes are appreciated thanks for any support. Consolidating around .50 before a gigantic push up
I have laid out my idea on the daily LRK Loopring chart, if you don't know LRK is giving away millions of incentive Loopring tokens as an added bonus incentive for a couple of weeks starting Jan 7th The link is where you will find the wallet download its not in the play store yet. They are running three different pools with incentives you can start depositing or...