It won't make it past 1.10 even if it had all the volume... its a tank. Went up to fast in such short periods. It must go to at least 0.55. Watch for trend reversal in between but imo a comfortable short.
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.
- 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.
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
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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...
an ABC correction taking place
should get rally bounce once BTC completes projected wave 1 of ABC.
From there I'd suspect further downside for LRC to resume bearish sequence in potential WXY for a larger degree correction while BTC is completing cycle II correction.
NFA . DYOR.
Just sharing ideas. Feel free to leave comments, hit like to show support and if you...
• I maintain my position that I have not seen any price action that would suggest LRCUSD establishing a new ATH.
• That being said, LRCUSD is indeed reaching rather attractive levels to consider DCAing in.
• Though LRCUSD might start dumping further, daily RSI is nearing record lows.
• Strategy A. Long if LRCUSD breaks above the parallel channel and closes 2 daily...
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...
hello guys , every thing is on chart , fibbo levels , supply zone ,
LRC Ready For New Temporary Spike Like Shiba Inu before Continue Falling More .
2 ideas for bottom :
1- double top pattern bottom : 0.65 - 0.75
2- bottom based on fibbo and demand zone : 0.9 - 1.15
Targets : On Chart
SL : Daily Candle Close Blow 0.6 ( For Hodlers )
$LRC : Looks like a typical example for - Bouncing ball Pattern
It has bounced down from Previous ATH (since then) - to current level forming different heights (ATL's).
$Loopring looks like a pretty decent buy as shown after further dropping 5 to 10% from now.
The chart becomes extremely Bearish if it moves and breaks down the green zone.
The chart becomes...
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...