LRCUSDT.P trade ideas
LRCUDSTPERP - Long - Potential 10.21%LRCUDSTPERP - Long - Potential 10.21%
Entry- 17789
TP1- 18379
TP2- 19605
SL- 16569
- Optional Leverage 3-5X
- BTC - breaking new highs always chance of big sell off now, be careful
- RR - 1.55
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No
LRC USDTin this chart we see that :
1- the price now at 0.155$ which facing resistance level 0.157 $
2- there is no positive buy signals right now
what we have to do right now ?
1- wait until we see at least two positive buy signals
2- the candle cross the resistance 0.157$ and close above it and one positive buy signal
trade with your own responsibility
LRCUSDT 4H Long setup; Long after bouncing on bottom of channelTA Explained
LRCUSDT clearly forming a parallel channel here. After the bounce at the bottom line of the channel a test of the upper line can be expected.
If it breaks next targets are previous considerable price levels. Stop loss below channel.
Trade setup
Best entries: 0.172120 - 0.177350
TP1: 0.187380
TP2: 0.199340
TP3: 0.212670
SL: 0.163700
RR: 3.47
Max leverage: 3x
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
LONG LRC - breakout of bullish flag - Low RIsk Entry Point LONG LRC - breakout of bullish flag - Low RIsk Entry Point // - Loopring is an open protocol for building high-performance, order book decentralized exchanges on Ethereum. Their goal is to enable the building of highly scalable exchanges without compromising Ethereum-level security guarantees through a zkRollup construction. Although blockchains inherently provide trustless trading, there are problems with building exchanges purely on-chain. Specifically, processing speed, throughput, and computation costs. Performing all exchange steps on-chain can be prohibitively expensive, or impossible to emulate centralized exchange speed and performance. For these reasons, Loopring has moved almost all data and computation off-chain but leverages zero-knowledge proofs to retain trust-minimized properties.
LRC Long Trade 20201112Symbol: LRCUSD, LRCUSDT
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern PRO
Timeframes:15M - 2H
Blue -> Green
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DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Trade closed manually: Closed when the above ribbons turns Yellow or Better the Red.