$LRC broke through the support level. Bearish movement to support level 0,68$ is likely to happen.
LRC is sitting on a strong trendline. I'm looking for a drop to low 0.80's or 0.70's before accumulating for a possible long position. Time will tell as it is following BTC, ETH, and SPY. Good luck traders!
LRC, after failing to gain positive momentum within the triangle, has broken down and will now most likely continue down to around the ~T1.05 mark or lower to test the weekly pivot.
As the title suggests, this is just a bit of a wave hello after being gone. I cannot post any more links within my charts, it seems. I'm still getting used to the TradingView 🏠 rules. Up until about 2 weeks ago, I'd never shared anything to TradingView in all my years using the platform. I'm a bit old(er). However, I am back and will only be promoting...
On daily chart COINBASE:LRCUSD has found the support at 0.627, that level is end point of wave A. Right now, wave B is happening. Wave B might be at 1.9 equal 0.618 Fib of Wave A. Wait and see. If my idea is helpful, leave a like to help my job. Thanks 🙏 Remember, DYOR before you trade plz!
Video going over my thoughts currently on LoopRing, Internet of Services, and JASMY. Each are still suffering the effects of the BTC dump yesterday. As of right now, I'm hesitant.
$LPT is on ride up soon after it touched the buyers zone. It could be an Adam and Eve pattern. Be patience and let LPT retest once again at the buy area for the best and safest trade. Good luck!
The 50MA seems to be imperative in prices evolution on this weekly chart, price has recently touched it and been bullishly rejected The orange trendline is dominant and seems to be hodling strong All MA's are spread this is the best state for likely continuation
LRC would have had a nice little run yesterday if it wasn't for BTC leaving the party. Even so, definitely some great signals for LoopRing. Still bullish in the fact that LRC has had a resistance/support flip right around the ~T1.15 mark (blue dashed line) Triangle now forming within what was once, a nice positive trend for ol' LoopRing, and is now a super mopey...
LRC as a strong monthly liquidity zone. LRC is approaching an test on its previous reversal zone. If there is a bounce on this level, expect LRC to have a continuation on a leg up. If price action does not hold this reversal zone, expect the fake out and break down under of price action.
Bitcoin and the institutional 🐳s that provide the astronomic buys and sells to -in essence- move the BTC market as they see fit, -well they've decided they weren't having it, and decided to bail out on all us party people. Hey, it happens a couple times a month, even more so now over these last several weeks of geo-political turmoil and uncertainty. Wait it out. ♠️🤫🐿
BINANCE:LRCUSDTPERP BINANCE:LRCUSDT LRC has formed Darvas Box,breakout will be huge from here.Care about downside risk too.Im personally LONG since 0.85$ so im not clong it until the breakdown.
🌀 LoopRing cup and handle is forming! ☕️ I wouldn't be snoozin' in the next several hours here 💤 because we could see a big ol' jump . LRC seems to always move in these very violent strikes, hitting the pivot several times (forming a cup and handle). Other tokens featured in this video are: Algorand (ALGO Zilliqa (ZIL) Jasmy (JASMY) 🤫🐿♠️
LoopRing (LRC) is simply doing what LoopRing does. LRC is a token that always seems to move in cup-and-handle chart formations. 🔹 We get a huge upswing, 🔹 We crash down, 🔶 We rebuild in violent strikes toward the the resistance point. 🔶 Two times... Three times... no dice. 🔶 By the 4th and 5th strike... 💠 We've now formed a LoopRing cup and handle, and...
As the title states, LRC has had two jumps with one to go. Great little bull-run on EDT wake-up. The "West... is the best- baby", as Jim Morrison so ominously put it. However it ain't so good for a trader 🙄. Red vs. Green day. Let's go.
An ascending broadening wedge these tend to break down bearishly after three pushes upwards 0.5 is a candidate for a breakdown point
Loopring LRC with room to grow - addresses in profit Putting on-chain data by @intotheblock on the daily chart we see enough room to grow for LRC according to the last sell-off situation end of November 2021. Currently 67.31% are in profit - end November 85.48% have been in profit as taking profit started. Tell me if you like these charts - will analyse more...
Let's get ready for the after-party. I'll meet you all up... phew. --there. 🚀 Classic LoopRing cup-and-handle. This historically tends to be the way that LRC tends moves to test new highs.