btc IS UNDER 50K. LRC is under 200 MA, RSI in the over sold, and we broken the POC at 2.2447 and 2.11 . All this give me this idea of a small scalp which might turn into a big short if BTC kept on droping.
Long LRCUSDT I will enter this trade after a breakout and hold above monthly open of 2.78 zone Entry trigger 4H close below the monthly open 2.78 zone 1st target 3.15 zone 2nd target 3.15 zone Invalidation daily close below the weekly open 1.98
Hi, LRC has formed the descending triangle. support area is marked in purple. RSI is moving down to bottom area. price movement may move to sideways or go down to retest the support area. Volume is keep getting low MFI is moving downwards future targets have been marked ROI is good. Good luck signalsforecasts
Seems to be lifting off. RR 5 Any feedback is welcomed, This is not the financial advice, DYOR
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...
Loopring has to decide - support on RSI Further support by MA Ribbon and green price trendline channel since summer 2021. Current low volume at consolidation compared to high volume during bull run looks healthy 😎 Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison. *no financial advice do your own research...
looks good for long I will add more details in the next updates
Hi Here is the elliot analysis of LRCUSDT Please be the one who shares the opinion Thanks
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.
Lrcusdt has potential to complete triple bottom pattern, buy after breakout Stop loss: under 2.65
Hey Traders, Keeping it simple, - If the breakout moves up we LONG - & then we SHORT as the chart has created a BEAR FLAG . Manage your risk and share your thoughts on this.
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