#LRCUSDT
$LRC broke out from a short term descending resistance line and hold above a daily support zone. if price close a weekly candle above the last descending resistance, $0.74, $0.9 and maybe $1 can be take profit targets.
LRC has managed to break above the descending trend line that is designated in black. POC aligns perfectly with the resistance zone, and I expect a retest of the trendline to confirm an upward movement. Volume has declined in a significant way. In order for LRC to scale higher, more liquidity must flow in. Resistance levels are designated in red and support levels...
The price broke out of the formation and is currently consolidating on an important level (0.4066). Claiming this level should trigger more buying pressure.
-- NOTE: In general altcoins started to be more sensitive to bitcoins moves which means some sort of uncertainty came to the market --
TP: 0.4845 (~20%)
TP2: OPEN++
SL: 0.3765
LRC is trying to set a weekly higher low. Once the daily trend is changed to the bulls the weekly higher low is set and we can scout a weekly lower high.
Thanks for taking your time to check out my idea 😎😎! Often, my ideas are fast gone from the front page because there are so many ideas on the platform and the algo picks the one with more likes 🤖🤖. I think once...
Get it.. LoopRing.
Not my best one, but I'll let you know when I come up with another one.
LRC is a decent project that does not get enough attention as you would think. To my knowledge.
By the time of this posting, LRC still has a week left for it's Liquidity Incentives round. Incase you were unaware.
Please DYOR (Do Your Own Research)
My posts are...
LRCUSDT is testing the daily resistance 🦐
IF the price is going to have a breakout 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...
DO NOT FORGET USING STOP LOSS
Warning:
This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
I hope you are always profitable
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
Currently, the price is fluctuating inside an ascending triangle and has broken the resistance ahead, and is fluctuating above the line.
If it can be fixed above the line, it can touch our target over time.
But if it can not move up and penetrate below our...
Hello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of LRC.
According to my technical analysis, LRC is going to reach its next Resistance Zone(Potential target). Now, we are expecting a fall to support zone and a rise!
"My analysis is valid until We don't see a breakout from support zone"
I hope my analysis...
LRCUSDT is testing the daily resistance, If the price is going to have a breakout, 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...
LRC looks like it's ready to move up, VOL decreased, RSI SRSI, and MACD all look bullish in 4hr chart. LRC wants to break this descending trendline that is much better defined on the 1hr chart. I would wait for the price to break the previous support level before entry... Set alarms. Good luck traders
BINANCE
