Hi dear friends, hope you are well and welcome to the new trade setup of Loopring token ( LRC ). During the current market drop on a weekly chart, LRC has formed a bullish BAT pattern. Right now it has moved up after completing the final leg, we can wait for the correction to catch it from the potential reversal zone.
Loopring broke trough off the upper boundary of descending channel. Bullish movement to resistance level at 1.63 is expected to happen.
Loopring is having one of the strongest rebounds currently after the weekly sell-off. Technically it remains within a long-term bullish Fibonacci Channel since the March 2020 COVID crash and every test of the Channel's Support has led to a Higher High on the next Fibonacci extension level. This week also formed a Bearish Cross between the 1D MA50 (blue...
Today we will consider the trading pair LRCUSDT. There is not much to write here, a long accumulation of Loopring token around $0.40-0.50 has logical completion — the price pump. The trigger for the jump probably was some important news for the project, right? Please share the information in the comments below the idea. Also, similar consolidation was...
In the past year, LRC has gone through 2 peaks and dips. - Fib retracement puts top between 1.6 and 2 on the next peak - Each dip crashes pretty extensively - If pattern continues, next peak could be between $11 and $15 then crashing hard. Caveats - Different market conditions (very volatile, crypto is suffering a major correction) - Price is hard to push up in...
Hello trading friends, Also, LRC did break down depending on the last trend of BTC. Same time know that LRC has a green cycle trend - what means for the long term is still interesting. Coming time there will be more targets updates of LRC. Have a great day.
Weekly chart indicated we could have a few more weeks of pain before getting back to support. Will be adding at both buy targets. Upside is great on this one with GME partnership.
Just a reminder, that in crypto, whatever is currently trendy and hyped is very highly likely an organized endevour to propel the price high in order to create an exit strategy for someone. To all the bagholders who bought these highs, if you imagine that it will bounce back - accept it won't. Ever. It will likely continue going down until it loses 99% from the...
You can just keep putting new rebound bottom arrows everytime it drops another 20 cents. Look at the full chart here. BTC is at its last point of rebound and if we don't in the next 3 days you can nearly guarantee 60 cents for LRC. Whether you like it or not this is what a pump and dump is. If you got sucked in by hype all you can do is wait and hope it gets...
this is a chart. it has some major VWAP spots marked on the map by free-hand. It has some fib retracements and fib extensions. it is nice and simple stuff, just the volume weighted zones here thanks. Good a couple months of hell for the start of this new year please comment, like and subscribe for more content out soon
It looks like GME and LRC had some good news that pumped and dumped but fundamentally this could be a great setup short term and long term. Here is my scalping chart. NFA, DYOR #GME #LRC
If we don't break the 130ish area in the coming week then we will surely see 60 cents by February. If we do we need to fight to get back into trend, fight to get above ma, fight to get above other resistances/cloud. The only thing that is going to bring upward movement is a release from Looping or GameStop. Expect another dump tomorrow and dumps until the end...
Hello trading friends, This is an expecting target depending on TA data - manage always your risk and check for you the best to enter any coin and setup. There is not always a reason to enter markets directly. Depending on the trends expecting its possible that Loopering can hit 40% coming time into increase trends, the rule of this is that BTC should stay...
Hello trading friends, This is an update for Loopring. This coin did break down 40% with the last trend - and it could be interesting for the next long-term targets as we are at an important zone. All the ideas mean sharing interesting trends, and it will be never a trading call. study the trends well before adding any setups. Have a great time.
There is some useful information on how to spot high probability trades. Best trade by shorting: 1h - descending channel - respecting EMA (red line) - look for excess price - always use stop/loss Markets have inertia, so as far price starts respecting 20 EMA it will likely to do so. At first it might not be clear that it a a downtrend. Maybe it is only a...
Entries and exit points are given. Dont enter without Sl. Btc Movement is in decision mode. So be careful