COINBASE:LRCUSD looks to mimic itself in a double bull flag. If the second flag is broken to the upside look for a flagpole move vertically again.
4 hour chart shows double top. This will break down to 2.30 area and possibly back upward from there. If news is fake or doesn't happen soon we will most likely retrace to 1.50-1.60.
- Price is on the cusp of a breakout - Will retest ATH - Retest support - GME earnings report is Dec 8th (any mention of LRC could lead to a parabolic push to 1.6 Fib level of $8) - Retest of support and 1.0 Fib
Lrcusdt has potential to complete triple bottom pattern, buy after breakout Stop loss: under 2.65
Either way those two patterns can create a strong push to 7-9 dollars in my opinion. This coin has great fundamentals as well, it is believed to be the long term solution for scaling Ethereum among other rollups. It is a long time keeper for the next two years. Enjoy the ride!
Signal: Set Alert For Red -> Green, Context: Green or Structure Breakout: The Ascending Trend Line and Several Previous High Resistance LRC LRCUSD LRCUSDT LRCUSDTP LOOPRING CRYPTO DISCLAIMER This is only a personal opinion and does NOT serve as investing NOR trading advice. Please make your own decisions and be responsible for your own investing and trading...
Pullback is completed to its breakout line. Starting new rally soon
• I know that there are people from the Loopring Reddit who are reading my analyses, and this analysis is dedicated to them. • With more data points, the descending parallel channel can now be better drawn. LRCUSD has not left the channel yet. • Note that channel lines have measuring implications. Once a breakout occurs from an existing price channel, prices...
Looks like exchanges are running out of LRC for people to buy, but the chart is Looking to make us wait for just a little while longer.
Loopring continues its bearish trend as it failed to sustain a price of @ 2.3. With bitcoin trading in a range. the trend may continue so added some capital on my short position. Part 1 is linked below.
lrc is now in the nice place of channel , we should see the next move soon , don't forgot to look for the price action "the market will never end"
LRC 2H support is at ~$2.82 Enter 50% here and try to set some buy orders near the support zone If LRC holds above the trendline, the Take-Profit target would be $3.10, $3.38, and $3.94 Cheers
Up 30% since last post! Atm its looking more like another impulse is being put in for a new high, but not putting the jet skies trailer before the Ferrari. The 2/B is pretty big so, for the right look or proportions sake, some distance from there would make things look a lot more pretty. It could still be putting in some kind of sideway correction still as well so...
Helloooo guysss Whats up ? Did you got this amazing profit from the market or not ?? Loopring is one of the most powerful project that it work on layer 2 but it is optimistic , Do you know what i want to say ???? :D According to last analysis we told and shown on chart that the price was broken the trendline and we need more pullback to the trend zone then we...
After a rest in form of a Triangle, price broke it and now it's time to make a new ATH at 4.5$, and if uptrend continues, long term ATH will be 25$
Its got the look of a double Zig Zag, not perfect but dece. Now a 2xZZ could turn into a 3xZZ but those are said to be rare, so we shall see. Breaking 2.89 would make a 3xZZ even more unlikely so that area alarmed. Some nice grindage on the channel too!
Now that channel on 1 hr was denied we could possibly go downward more to test 2.3 ma again. If interest wains we see 1.80 or less within the next week is starting to make a lot of sense. It would then get very hectic to get out if looping/gme was delayed. We would see 1 pretty quickly. This could get ugly fast unless someone or something happens in the next day or two.
No signs of life right now LRC looks to be heading back to bottom again. Possible to be 180 or lower.