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LRC

Loopring-USDTPamp Coin. Since the last high the price has corrected by 90%. The price is moving in a downtrend, now an attempt to equalize the local trend. It is possible to consider a speculative trade in case of price fixing above 0.4 or from support 0.36 at its (confirmation, i.e. rebound from the level). Targets are 0.51 and 0.6. Stop at consolidation below 0.36, or based on your risk profile. 1D If you liked this stuff, then like and subscribe, so you don't miss anything. Always use STOP, and do not use a leverage higher than x3. A trader must always have tomorrow.
by Kirill_Gaitan
I Believe this is a trapThis looks like a bull trap to me. LRC should hit 24ish cents before we see and uptrend again, but if the global market wants to keep diving we then we definitely see sub 10 cents regardless of the market launch (which sees an obvious boost before another dump). Maybe the launch will come full with games, movies, big content from big creators/companies? Could that potentially become a "catalyst''? If it's just useless, ugly photos/gifs at launch then we most definitely will continue to dump. Terrible time to have to be hyping a launch. My quick two cents on the situation before August, 24 cents, and that one sure thing is the uncertainty with market fear. BUY when it's best for YOU.
Long
by Bobron
LRC/USDT: On key support waiting for bullish reversal---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)------- LRC/USDT: On key support waiting for bullish reversal Context - The Global Crypto market leads by BTC and ETH is still evolving within a bearish market configuration. Like the others digital assets LRC (Layer 2) suffered about negative global market situation - LRC is expected to show some bullish pre-signal soon (looking at 50% area on RSI or divergence) Market configuration - Graphical Elements : Graphical Resistance = 0,7220 & 430 Graphical Support = 0,0710 - Mathematical Indicators: EMA ( Exp Moving averages) are still capping the market at 0,7220 = Bearish RSI indicator (below) is below trend line and 50%, bouncing off key support but no divergence = Bearish/Neutral - Elliot & Harmonic Wave (Fibonacci): Fibonacci Target C (B) is set at = 0,3260 Fibonacci resistance of the wave in progress = 0,7220 Fibonacci support of the wave C (B)(max extension) = 0,23 Fibonacci Bullish Target = 1,1220 Conclusion Preferred case => Regarding the mid-term element, LRC is expecting to do a bullish reversal from the area we are now. However the lack of bullish element from mathematical indicator is still showing a potential last downleg risk to max 0,23 before going up to 0;7220 and 1,1260 Alternative cases => Breaking 0,23 a significant drop will open the door towards close 0,0710 = crash
Long
by JeanJean1983
LRC/USDT : Loopring bullish presignal on goingLRC/USDT : Loopring bullish presignal on going Context : Following the last past week bearish price action on the crypto space, the LRC - Loopring, an interoperability solution L2 for CEX/DEX, was evolving within a bearish trend before reaching the key Fibo and auto similar move (Blue arrow) potential at 0,65 (// 28,800 - 32,400 area BTC) - Today with a strong bullish price action the LRC reached 1,24 area the bullish upside confirmation level to break to open a larger rise towards the next target. Im really confident to see all the coin around interoperability chain / bridge surging this year ( ex: BICO, CELR, LRC,GRT,KSM...) it is a strong thematic... Tactical view 3 to 6 weeks buy any dips (1,00/0,95 perfect area) above 0,65 to play a break above 1,24 and play freelunch at 2,60 and and test of the former top in extension Enjoy my friend ! (And don't hesitate to have a look to my website in signature we have nice giveaway/contest on going with the launch of our app in the next days :) )
Long
by JeanJean1983
6
LRC - Waiting for trendline to breakdownReasons to take short ⭐️ We are in a bear trend ⭐️ Trendline is clean ⭐️ Trendline is 10 days old ⭐️ Volume at top ⭐️ Pullbacks are getting smaller ⭐️ 4th touch ⭐️ 45 ATR Will enter when price squeezes to the level on 5m timeframe, the base will form and the strip will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Short
by Artem_Dishel
5