Hi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 730 times the risk and the chart is look very promising.
Good luck every one
On the hour chart, the trend started on May 25 (linear regression channel).
There is a high probability of profit. A possible take profit level is 0.2932
But do not forget about the SL = 0.2744
Using a trailing stop is also a good idea!
Good luck!
Regards, WeBelieveInTrading
LRC Reject on key support , we can setup entry , potential continue upward movement
BTC rejection to on key support will follow BTC movement
Buy zone : 0.555 - 0.52 - 0.5
Target : 0.5750 - 0.61666 - 0.6653 - 0.7530
Stop : 0.49
Note: First of all, candle closings in the upper box invalidate everything I wrote below and show that this analysis is wrong. If this box is not entered or this box is not passed, my thoughts below are valid.
Analysis;
Fibonacci measurement at 4H may suggest that this is an elliot wave. But I don't think it's the elliot wave.
1st wavelength is too long
2. sellers...
LRC chart is so clear , i think it is going to form cup & handle patern. The price could move to 4.5 i think or above.
Please make your own choice...
It is idea ... what do you think please comment below
LRC has made massive move in past few days so levels we are looking for correction are mentioned in the chart. If it holds on these levels it may make more up moves from these key levels. these levels are to be looked for shorter time frame
key levels are:
3.05
2.54
2.10
1.70
Long term investment and playing trend is no doubt on LRC chart. It looks juicy how whale is actually accumulating without people's knowing that. Well, what if people know that you just ain't get the information. Hmmm interesting.
Loopring is ranked #70 on coinmarketcap.com with 1.375 billion of total supply and 789 millions are on the circulating.
Loopring is...
