Hi dear friends, hope you are well and welcome to the new trade setup of Loopring token (LRC) with Bitcoin pair.
Recently we caught almost 50% pump of LRC as below:
Now on a daily time frame, POEPLE with LRC pair has formed a bullish Cypher move for next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and...
Last idea got abit unclear..
Anyways, this is the LRCBTC pair and it looks like its doing a very strong setup.
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Please do not take this as financial advice, do your own research and evaluate your risks.
Loopring has been growing straight up since the 1st of January... So strong is the uptrend, that it is even hard to draw a trendline that fits.
85% Straight up but again, the truth is revealed once you hit the zoom out button...
Look back to Oct/November 2021... LRCBTC grew by 1,000%.
Right now we might see more or we might see less...
The point is that...
We have identified both a Super Trend pattern and a Resistance Breakout on the $LRC / $BTC chart. Both indicators are signaling a bullish trend, with the Super Trend showing a bullish trend and the Resistance Breakout confirming this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to...
Loopring has been in an uptrend for almost 3 years vs Bitcoin.
As I mentioned in the Decred vs Bitcoin (DCRBTC) article, higher lows lead to higher highs...
Now, for LRCBTC the low was hit around January 2020.
And we have a very strong uptrend/bull market, higher highs and higher lows ever since.
We are looking at the action that has taken place recently since...
LRCBTC (Loopring) has seen an increase in volume in the past two days as prices move above EMA50.
The next barrier is set at EMA100, which is very likely to be conquered today and then fast growth.
We are seeing an easy 100% target short-term.
The Altcoins vs Bitcoin pairs will move now while the others retrace.
Followers may request a strength snapshot of any cryptocurrency, so like and follow.
1) Strength Profile: Green and very strong.
2) Bull Bear Squeeze: Bulls are well in charge.
3) Money Flow: Is positive and increasing.
For now, LRC/BTC is a great buy - Strong Strength Snapshot: Strength Profile 🟢 Bulls in Charge 🟢 Money Flow 🟢 I'm long from 1909 sats.
Welcome to this quick LRC/BTC analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-LRC/BTC bullish flag ready to buy the green zone spot buy and hold
Traget:-100% TO 250%
Stop loss:- 200MA down side cloge
Remember:-This is not a piece of financial advice. All investment made by me...
LRCBTC close to daily MACD outbreak. Right now facing cloud resistance around 4.9k sats. Closing a daily candle above is a very bullish sign. Next run could push LRC past $10, not even taking into account the Q4 announcement that's coming within a week.
closed a 30%+ daily bar after a td9 matching ~4k sats area (support)
hard to know if it will have enough traction to restart/reclaim higher levels but I remain long on this one from October end (~450% so far)
Let it run a little longer prior executing any decisions
#LRCBTC 1W & 1d timeframe. Since October 25, 2021, LRC has skyrocketed. Now it has moved into calm waters. Sideways movement. On the 1d timeframe good to see. It moves between the red and green lines. Top and bottom lines. If you look closely you can see a bullish pattern. Bull flag. It may move back and forth between the lines for a while, but it remains to be...
Dear Friends, LRCBTC (Loopring) is forming a bull flag.
buy at current price ~0.00004434
stop-loss at 0.00003490
first profit target at 0.00005700
second profit target at 0.00007273
risk & reward ratio 3:1
when price reaches to first profit target move stop-loss to break-even. Only use maximum 10% of your portfolio for this trade.
Amazing force of loopring against BTC. Solid uptrend, HH sequence in daily, 4h, 3h, 2h, 1h.
The Loopring force is related to:
- zkRollUp technology for layer2 is better the optimism
- Loopring is smelling strong Metaverse partenership
- Looopring software is very usable, look like classic killer app made in San Francisco