Looking at price pattern on LRC it shows a successful breakout of price from falling wedge and after which it make a little rally before drop back for potential re-test on the wedge structure.
Its very important to apply tight stop loss because if the coin fail to hold the expected level at the accumulation zone will likely drop bad to test out the wedge...
$LRC Trying to bounce from support at ~1350sats... For now bounce looks weak (low volume levels..)
Based on previous iterations with this level, I think it will hodl.. maybe with another retest on the upcoming days as it wait for volume
Bullish divs can be spotted aswell
. LOOPRING/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 40.
. There is a possibility of temporary retracement to suggested support zone (0.00001310 to 0.00001110). if so, traders can set orders based on Price...
Alts are popping left and right.
This one is lagging behind, but it'll pump soon enough. And there is no resistance anywhere in sight.
Unlike a lot of other coins, Loopring didn't make historic lows in the bear market.
It's been in a trading range for quite a while. Volume has been increasing. This coin is clearly being...
Update on $LRC, Trying to break above EMA200.. If it manages to break above 2ksats a big movement can be unleashed (no big resistances ahead).
UCTS Buy signal active on the 1D
Volume increasing over last weeks
MACD trying to start rising, RSI above 50 and rising.
From bottom range in green to the tip of the top is about 1000%.
Dotted red lines are possible areas of resistance (interest).
Dotted blue is the current range high which was broken on the weekly but failed the retest. A close above the dotted yellow maintains the weekly higher low and LRC would be expected to challenge the blue resistance again.
The LRCBTC is likely to start the formation of C to D leg soon.
I have defined the PRZ area accordingly the price action will take another bullish divergence from there insha Allah.
The targets are:
Buy between: 0.00001726 to 0.00001372
Sell between: 0.00002005 to 0.00002674
Atif Akbar (moon333)
78.6% retracement of the last move from the bottom. Presently fighting strong resistance at the 61.8% fib, which it has been battering. Looking for a break and retest of that area.Will go big if successful.
update on $LRC, Volume started to increase & we are testing 1700sats resistance again....
UCTS Buy signal on the daily.
Sitting over EMA50/100 as support
Starting to cross Ichi cloud...
RSI Rising & MACD about to bullcross...
Stay alert if breakout happens... #LRC