After a period of consolidation the pattern confirmed with a back-test of the upper bound for a 22% gainer. Price found Golden Pocket resistance with multiple rejection of the Pattern Fixed Range Volume Profile.
4H MACD crossover on the way. Moreover, fractal pattern indicates next move up. Last bullish move: 1700 sats --> 5800 (x3.5) If multiplier applies in next move up: 4100 sats (support) *3.5 ~ 14k sats target. This would increase LRC in USDT value up ABOVE $10. LRC does not follow classical crypto dumping patterns. GME investors are programmed to HODL. Dips are...
LRC is gearing up for another bullish move. Place orders between $2.797 to $3.319 Stop Loss: $2.416 Targets: $3.797 $4.415 $5.218 $6.132 $7.171 $8.204 We will accumulate this coin with a tight SL and low leverage. Note: Do not use high leverage and accumulate the dip to average the entry. This is not financial advice. I have done my own research and trading...
• As LRCUSD enters Wave 5 and starts to reach for her 2nd and probably final top in this bullrun, it is worthwhile to update our post on LRCUSD. • Trading is primarily a matter of managing one’s emotions in the context of risk-reward management. FA is a tool to identify opportunities. TA is a tool to quantify and thus visualise potential growth and areas of profit...
COINBASE:LRCUSD After a huge run-up and consolidation the price was winding up in a bullish pennant and now could be breaking out higher. Looking for at least $5 if price can stay about $2.80 support.
After up we may see some high sell of lrc was one of the best gems some days earlier but it's over anymore lrc is a great project and has great fundamentals but after reaching to new ath it must retest 1.5 area so be careful and manage your stop losses. Happy trading.
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...
My experience says that this looks like a pump and dump. I personally just sold another part of my LRC. Hope to buy it back between 0.5 USD and 1 USD. It is on All Time High related with ETH, much higher ATH vs BTC. I point out the sport to buy at 28 cents. We are now more than 10x profit (time to sell not to buy). I don't care if it goes much higher than this....
Loopring, LRC has been on a massive up-move for days. It did over 300% . But all good stuffs must come to an end. It peaked out on the 4H chart at near $3.90 . Where I took my profit, because I saw the perfect indicator. After this I tweeted how it needs to cool off yesterday. This is 1H chart, Double-Top formed already. Failed to make Higher-High after...
LRC chart is so clear , i think it is going to form cup & handle patern. The price could move to 4.5 i think or above. Please make your own choice... It is idea ... what do you think please comment below
LRC in bullish momentum Long it Tps Tp1: 3.8 Tp2:4.2 Tp3:4.5
LRC pumped from 1$ to 3.85$ in 4-5 days. but its time for check support before new ATH's note that LRC got so much USD volume flow which is great until music stopped.
• That was a nice and enlightening series of trades on LRCUSD. Let’s do an AAR for self-improvement purposes. ** marks areas for improvement. • Some background first. I’m an amateur long-term trader who utilises both FA and TA. FA to identify investment opportunities. TA to add precision to when/where/how to make trade decisions. • My overall trading strategy is...
If history repeats itself , then consolidation and retrace to support levels might start now. One of Warren Buffett's most famous investment sayings is “Be fearful when others are greedy. Be greedy when others are fearful.”
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
Hello. Loopring(LRC) which has been consolidating over the past few days in a symmetrical triangle pattern. But the time is coming for LRC to finally move again. In my technical analysis LRC may go upwards. Prior to the triangle pattern, LRC skyrocketed from a mere .40 to a high of 1.71. After the skyrocket LRC remained silent for a while with low volume. This...