LRCUSDT RecoverFinally, i think LRC will recover from here
We see that the price currently at a support range and willl recover soon to approx. 3 - 3.25
Otherwise, if the support is broken, we'll retest at 2 - 1.5 range
Trade safe.
LRCUSDT.P trade ideas
LOOPRING, Massive BULL-FLAG Forming, How It Completes!Hello Cryptocurrency Community,
Welcome to this altcoin-trading-analysis about LRC (Loopring), we are looking at the 4-hour timeframe perspective. As when looking at my chart we can watch there how Loopring is forming a very interesting structure here as it previously increased with bullish volatility and shot to the upside increasing with volume and spread. Now as Loopring firstly pulled back it moved on to initiate this main formation in the structure which can be considered as a descending-channel-formation. Within this descending-channel-formation Loopring has a coherent wave-count with the waves A to D almost already completed. Now as Loopring moved on with the wave-count we can see the wave E is forming now within this whole structure and already begun to develop the wave A and B in the local structure of this major wave E. Once the wave-B has been completed which will happen when Loopring finalizes this local bear-flag Loopring will move on further with the wave-E and complete the whole wave-count within the confirmational-bounce-support marked in my chart where several supports coming together. When Loopring manages to bounce within the support and move on bullishly to finally close above the upper-boundary this will complete the whole descending-channel as a bull-flag and it will be the origin for further continuations to the upside for Loopring, in this case, there are some great potentials given, it will be an interesting development ahead.
In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best!
"Great fortune is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the markets.
Compressed to pup?!After the last ATH, it reacted very nicely at the Fibo 0.38 and its a very solid resistance.
We can see the symmetrical triangle shape and it seems its gonna pump very soon.
LRC long#Loopring bounced off the bullish trendline which was in the perfect alignment with Fibonacci 0.5 retracement level. Bullish movement will likely continue up to 3.83$
$LRC beautiful bullish flag detected on chartI am seeing a wonderful bullish flag on 4 hourly in USDT pair.
The resistance breakout scenario would mean another bull run for LRC until 5-5.50 zone.
LRCCritical up/down moment for LRC right now. Given the hype and releases happening this would be a great spot right now to long.
Current candle looks great as well.
Check out the ma's in multiple timeframes to coincide with the cloud, vix, and stochastic.
K.i.s.s
Loopring Breakout pendingDaily level has been respected, as you can see it has bounced off support multiple times once it has come above it. Ready for breakout on smaller timeframes. Just a matter of time….
LRC TARGETthe first target was touched and the price chart started to reach the next target.note that the zone marked in the line chart are checked and the price chart reaches the targets even with shadows.good luck
Bullish EngulfingHello everybody,
As the title suggests, Loopring has just printed a bullish engulfing candlestick on the daily chart. This is complemented by a breakout of a bull flag with volume which is another bullish indicator. We are gonna be in for a ride the next few days. Price targets will be $6 respectively.
LRC Loopring coin is a sleeping giant ready to awaken!!LRC I have been checking out for a while now. It is a platform designed to run apps and help with all things DEX. On Oct 29th.. LRC starting to come to life.. gaining 1000% over a few days!!! If LRC had ADAs market cap it would be worth $50!!! And i think it can get there easy. LRC is def one to watch for, and something I will be keeping track of. Cheers
15min Technical Analysis on LRC Loopring These patterns occur on multiple time signatures
All patterns have the capability to fail
Nothing is guaranteed in the market but being to identify these patterns can help minimize risk and prevent unnecessary trading.
Update on LRCHello Everybody,
Quick update regarding LRC, after breaking above the falling wedge earlier today. LRC has witnessed a 20% gain. But I don't think it will stop here quite yet. We are currently trading between a bullish upward channel. I am targeting $4 this leg up.
LRCUSDT - breakout - true or false?Despite the break of a trend line, this wave may be wave C of a flat pattern.
As such, it may be a wave (b) in a larger corrective pattern, implying we will get the next move down.
Good luck!
LRCUSDT BRAKING OUTBroke up from descending channel.
Not financial advise.
Good luck to all the traders out there and don't forget to take profits on the way up.
LRC UpdateHello everybody,
After doing some TA on LRC. I have identified a bullish falling wedge that can bring us all the way up to 4 dollars. Enjoy
long on loopwhatch this one >1$ real soon as more start to come to L2s. Mas crossing and ether on a bull run.
$LRC buying opportunity$LRC is not done yet nice buying opportunity at 2.4 and 2
Initial TP: 5
SL: 1.9
LRCUSDTIt has stopped making Higher Highs but lower higher is not broken yet. Trading in range between major support and resistances
Better to follow trade plan for safer entry and exit, enjoy
Trading Idea - #LoopringLONG after Fibonacci Retracement (50%) completed!
ENTRY: 1.2890 USD
TARGET: 2.2500 USD (+75%)
STOP: 1.0000 USD
Loopring's objective is to design and engineer optimized exchange and payment protocol on Ethereum, and to operate products that bring it to users across the world.
LRCUSD Refusing to go below 3$ -> but willing to go above 4$After a correction of mearly .382 from the first 5 waves, LRC is refusing to break the support of 3$.
Both the MACD histogram and Stochastics point to a rally upward.
Expect a short-term rally for 3.5/3.6$, and see what happens when it hit's the resistance.
