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.
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...
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...
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.
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.
Pending sell order.
After reaching the price of 0.9295, open a position for 2% of the deposit, with 20x Leverage
Target and stop loss indicated on the chart
Loopring currently sitting down at the .886 and at the POC of the entire range and printing HL and HH
for a market structure change .
I have measured some regions on the chart pulling Negative Fibs and Standard Fib retracement tool for areas of confluence
although I have kept some info at a minimum to keep the chart looking clean .
I decided to take away all...
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.
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...
Loopring is showing a lot of strength despite the current situation on the market. I may be wrong but we can observe a ascending broadening wedge, it still needs to be completed but for now in my opinion it looks like it.
I will be waiting for confirmation, if I observe that I will make an update to this analys.
It is not a financial adbice, I'm just sharing...
Helloooo guysss
Whats up ? Did you got this amazing profit from the market or not ??
Loopring is one of the most powerful project that it work on layer 2 but it is optimistic , Do you know what i want to say ???? :D
According to last analysis we told and shown on chart that the price was broken the trendline and we need more pullback to the trend zone then we...
Loopring is still possible to reach the target of $4.2 - 4.8.
Cluster support is at the level of $2.4 - $2. The risk level is below $2.
Take profit in stages 3 -3.2 - 3.4 - 3.7 - 4 - 4.2 - 4.3 - 4.6 -4.8.
Good luck.
RC/USDT BYBIT LOOKING FOR CONTINUATION TO THE UPSIDE AND IS CURRENTLY IN A BULL FLAG ON THE 4 HOUR CHART!
PRICE HAS RETRACED SLIGHTLY AFTER TRYING TO BREAK OUT OF THE BULL FLAG YESTERDAY AND HAS HAD A BIT OF A COOL OFF!
I Believe Buyers will return and have shared with you my targets for a long set up on the chart!
Measuring the flag pole would take LRC/USDT to...
