LRCUSDT.P trade ideas
LRC USDT ELWAVE The latest analysis of our group
An intermediate cycle is completing wave 5. Wave 3 main cycles are not completed.
It looks like it will perform well in the long term. Of course, we should not forget the 4th wave of the main cycle.
This is not a financial recommendation.
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LRC broke outAlthough it's already +18% I think this will go up a lot more. Current daily candle is over the Ichimoku cloud and ADX+DI (not shown) indicates a good bullish momentum although at 15 min is clear there'll be a retracement which I think it's physiological.
I would wait for the retracement to jump in, if price retraces until the support enter there and use the cloud as stop loss. If you're reckless and wanna jump in right away use the opening of this daily candle as stop loss.
LRCUSDT wants the breakout! 🦐The price is testing the daily resistance. IF the price will have a breakout and flip the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
LRCUSDT - EW analysis - 5th wave up LRCUSDT - It is in 2nd of 3rd wave up of impulse cycle started from the swing low 0.4899 in 2 hr time frame. It is expected to start the strongest move next as 3rd of 3rd wave soon which propel the price strongly higher. The invalidation level for the set up is 0.4899 and the initial target would be above 0.95 level.
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lrcusdtThis is my personal view of this currency - also the market has high risks. If you do not know anything about these risks, I do not advise you to enter or exit any deals - and you bear responsibility for that -
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lrc/usdt 1dlrc today hit the downtrend line and rejected in 1d
for now we are awaiting to see if today candle closes above 0.50 $
if this happens then lrc will move to 0.60 $ then 0.90 $ in next few days
in lrc breaks 0.90 and sustains above it , then we expect to reach 1 and 1.3 and 1.6 $
lets see what happens...
LRC possible breakoutThere are big possibilities we could see some pullback here due to 4 hour RSI already on overbought area. I see some big support around 0.45 area. This could a great place to long. Daily RSI still below overbought area and I see hidden bullish divergence. We will see some pump if BTC going sideway or dint dump.
But there are possibilities we could go lower due to volatility of BTC. If BTC crash from here, we could see LRC will follow to dump.
LRC Possible Bullish Scenario Hello Traders,
I hope you all are doing well.
After taking profits from an extremely profitable trade on $CELR, I am compounding my earnings into LRCUSDT. The setup looks bullish to me and this coin has not properly pumped yet which could result in high ROI.
Personally, I am opening a long position here with appropriate stop loss. I have mentioned the profit zone where we could take profits according to our trading strategy.
Happy Trading :)
LRCUSDT is testing the daily resistance 🦐the price is testing the daily resistance. IF the price will have a breakout and retest the daily resistance and new support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Is LOOPRING ready to throw us for a loop, Bull Flag, Breakout?Interesting pattern here. We have a possible breakout from a bull flag (long term on day chart) and also we have a recent MACD crossover. In addition the current level is at a previous resistance and at a fib level. Look for a clear candlestick above this line and then go long up to the next fib level. Good luck and good trading.
My mother told me to be the very best.... trader. So I traded her house for some cold hard investment cash....GO MOM! enjoy the apartment.
LRCUSDT Descending Channel| VWAPS/R| Swing High| Price Action Evening Traders,
Today’s analysis – LRCUSDT – trading in a clear descending channel where a break bullish is probable,
Points to consider,
- Price Action Impulsive
- Local OB Support
(VWAP S/R and .618 Fibonacci Confluence)
- Volume Low
- Oscillators Neutral
LRCUSDT’s immediate price action is impulsive, trading towards a key trade location that has technical confluence with the .618 Fibonacci, VWAP S/R and Local OB – this allows for a bullish bias.
The current volume is trading below average, an influx will be highly imminent when an expansion occurs.
Both oscillators are of current are trading neutral, maintaining their bullish control zones will be indicative of strength.
Overall, in my opinion, LRCUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
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