The chart for Loopring (LRCBTC) looks beautiful now that a higher low is being cemented.
After the February 2021 bullish wave, LRCBTC went on to retrace and after some consolidation, signals are coming up pointing to higher prices.
LRCBTC recently moved above EMA50 and there was no strong volume while the correction took place, signaling that the bears are not...
As the alt coin season continues and BTC dominance shrinks a lot of alt coins are showing promising patterns. Loopring ( LRC ) is another juicy mid cap alt that has the chance to go for a nice 200%-250% move, when the money flow slowly starts to enter the mid and low cap alt coins.
- Bullish Pattern is forming quite clearly
- Volume on the third...
Has been getting more attention from CT & volume is reflecting that..
UCTS printed a 2D Buy signal (usually strong)
Willing to take it and see how it evolves, looking toward 2020 highs (~120%)
What is that???
Loopring is a software running on Ethereum that aims to incentivize a global network of users to operate a platform that enables the creation of new types of crypto asset exchanges. ... With zkRollups, Loopring asserts its exchanges can offer faster settlements for traders.
Technically, it can touch...
Centralized exchanges are currently the main mode of operation for crypto trading services. While highly popular and convenient, using a centralized exchange carries a number of risks, the chief of which is their custodial nature. Because these exchanges hold users’ funds for them between the points of depositing and withdrawing, those funds come under the risk of...
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at...
This is an updated daily chart for Loopring $LRC against BTC pair...
Setup is still in play although it was visibly affected by the BTC Dip on april 18th.
Interested to see 2 things in this case:
- Volume is pretty low and it has been since before the Rounded Bottom began to develop. Eyes generally fixate on lower cap coins at the very end of the money flow and...
Second try on LRC this month..
Now looks stronger, crossing above ~1100 sats level.
Looking for a flip over this level as signal of continuation w/ UCTS 1D Buy signal..
Still way below YTD high (~2k sats // 70%)
May work out
***This is not financial advice, it is a personal investigation log intended for furthering my knowledge on Parabolic Curve Theory ( PCT )***
This is a daily chart for Loopring $LRC vs $BTC.
Pattern analysis is clearly a Rounded Bottom (RB) at a +/-70% advance in time with a total estimated span of approximately 85 days.
Bottom of the base: 847 satoshi