Two new channels popped born from my original blue dotted positive trend line --that i thought LRC was going to cross violently, and then go down. However now, if we can continue on the top of this trend line and not enter either of the new channels at alll even better
We are directly at the apex of this triangle. If we move back up to test resistance, I don't believe we will push through (notice the descending stick values of the 3 times that we've already tested this. Wait until the weekly pivot of about T1.05 --that would be what I'd do. We should expect to see another jump up from there, but all-in-all I am labeling this...
Thoughts on: the new resistance level being tested @ ~T1.16 new positive trend established heading currently into breakout-- I believe will break UP. HOWEVER, I do also believe the resistance at about T~1.16 is going to get pushed through during the next test.
I AM NOT A FINANCIAL ADVISOR. I passed the Series 6, but failed the SIE before I could take Series 63 hahahaha. ************** Following current market cycles we seem to be having ourselves a bit of a melt up even with everything going on. We have also a lot of incoming news, rotation into beat up stocks, and a lot of hype built up on meme stocks. Could this be...
Continuing my LRC idea - waiting for more confirmations of trend movement, but It is starting to look good although a little underwhelmed at the response of the recent news. Volume needs to pick up considerably for us to break the next few upcoming areas, but with all the information coming in we really see it pushing sideways for months as an accumulation phase...
Little bit of an accountability video from me. I believe I posted here yesterday, my elliot wave prediction for LRC. I was wrong. It broke straight through my upper negative resistance trend and has now hit it R2(..? 🤯) weekly pivot. I'm still going to be posting this in a short position for LRC, because I do still believe that we are going to see a descending...
BINANCE:LRCUSDTPERP LRC might take off from here breaking the triangle.Already consolidated for last 3 days.
LRC has had an incredible run since the gamestop announcement! However whith any run that banks ~50% in less than 6 hours... you're gonna get a correction. We're within a downward elliot wave cycle with E/1 landing at just about a dollar, once LRC tanks and goes below 0.99 or so We will than see a rise back up but will, in my opnion, stay within the downward...
The Loopring x Gamestop announcement is finally here and official. - link to tweet: twitter.com - link to GameStop Marketplace Beta: nft.gamestop.com Macro: Loopring continues an overall large uptrend when looking at weekly candles. With a market cap of ≈ $1.3 Billion, Loopring has a lot of room for big gains. Short Term Chart: Loopring...
LRC is poised to head into a descending triangular breakout pattern. Elliot wave cycle doesn't seem complete as of now. Had earlier thoughts made me believe we may jump back to around ~1.15. However I am neutral.
LRC has gone through its stages of a downward elliot wave cycle (A, B, C, D, E....) and up.
LRC is at the bottom of it's downward Elliot wave cycle. A, B, C, D, ...E
gonna be bullish or not? i dont know, waiting for a good price which is at the resistance area, just wait and see then
As I said previously also, this project is not going anywhere, GameStop is just a starting, many more will come and LRC will go to $10
LOOPRING (LRCUSDT) midtier to Daily timeframe range. if you look at the hyper aggressive pump from November 2021. you can be sure about that its a high risk and reward alt without any doubt. from its top to bottom its provided some reasonable swing positions. the dump from its top was not as aggressive as the pump which is a surprise and it tells why those swing...
Loopring (LRCUSD) has seen the strongest rise of the top 100 market cap coins in the past 24hours and is currently testing not only the 1D MA100 (green trend-line), which has been intact since January 08, but also the horizontal Resistance that is holding since January 20. I've posted the very same LRC chart about two months ago and seems to be coming to...
Loopring LRC token price prediction as per me, this buy is a trap for the buyers, so there is rejection here and it will drop from here even it has huge volume.
With only 12% of the supply out, i think we should start to see some price drops again soon. Currently sitting on a possible sell trend line. Let's see what happens!