Loopring has been on my main watchlist for a while These are weekly candles but LRC is up over 50% on the day, showing the bulls stacking up This one will be a late bloomer but as the market cycle continues, LRC will more than prove itself as it still hasn't surpassed its prior ATH.
Approaching new ATH - ADA has been trading in roughly the same price zone for the past 6 months. - Last market cycle ADA only spent about 5 days above $1. - The 55%+ drop by BTC did not really effect ADA due to its pump to $2.50 in May. It's unsure if ADA will come back down to the green box again, but if it does take it as an opportunity
ICNB announces acquisition of TopPop, "a contract manufacturing company specializing in the development of products containing alcohol." Read more here: www.ldmicro.com TopPop website: toppoppkg.com Chart continues to get tighter and is waiting to make its next move upwards.
ICNB has been trading primarily sideways for over 5 months now. This daily candle is the first candle since March 3rd to come above the resistance line of $0.4655. After breaching it, the price was pushed down to $0.35 and closed at $0.40. This signifies a force that does not want ICNB to blow just yet. This stock is still accumulating for now but is looking to...
Holding levels from earlier in the year but BTC is currently facing more downwards pressure/movement than upwards. Which way will it break?
BTCUSD holding support after 4 red daily candles.
Possible Scenario: BTC short term relief rally to ≈ $45,000 (retesting Bull Market Support Band) before failing to hold it as support and moving farther down below $30,000.
Beautiful definition: LRCUSD macro log chart For the most part, LRC has been moving up or horizontally since the start of 2020. Remember, Loopring is not getting left behind by any means.
Pattern emerging General trend is upwards.
This is nothing but art, I don't hold any doge but its fun chart to look at. Will doge put in a new ath in 2021? who knows
Hear, I have overlaid the (logarithmic) bar pattern of LRC prior to its massive run in 2017. The log pattern preserves percentage gain relative to price. - No pattern can play out perfectly but we can see some similarities. - Currently, LRC is trading horizontally for a longer time than it did in 2017. This is by no means a bad thing, I think its even better in...
Here, I've taken the percentage gain from the first large green candle in the 2017 cycle and matched it with the large green candfle we have seen this cycle. Loopring has been trading horizontally for a much longer time, between .40 - .80 cents since January. - A potential breakout in the upcoming months looks likely, it could happen sooner but I'm guessing...
- We are currently seeing what I believe to be a similar pattern to the 2017 cycle. - LRC is now performing a similar move to 2017 but at a grander scale. - LRC is an Ethereum DeFi token with important technology for the space ( zkRollups ) which processes faster and has lower fees than ETH. - Loopring will not be left out of this cycle, more on this in my next posts.
Would like to see LRC retest prior ATH, chart shown on the macro scale.
Long term guesstimate on the future of xxii made by observing previous price and date/time movements. Tons of promising news around this company as an investor (check out ldmicro.com).
XXII has key patented technology in the field of genetic engineering in nicotine/tobacco plants and cannabis. This seems like a wavy stock. It has its spiked ups and downs but it is headed for a large general up trend. Here, we are focused on the short term possibilities by labeling key support areas. Today, April 29th we have seen a large red candle breaking...
ADA is currently consolidating in the $1 to $1.50 price range and it has been doing so for quite some time... 2 months to be specific. The fact that ADA is staying in this area for such a long duration of time is showing that the bulls are still strong. As long as BTC stays healthy, ADA is going to eventually leave this area of resistance and support and most...
GNUS has had a strong bounce off support around the $1.45 area and is seeing upwards movement. The daily RSI is sitting at a healthy 50 and the MACD has just crossed indicating an end to the recent sell off. We see the chart making large up and down movements and seems to be extremely volatile, so is this the start of the next upwards swing? We might see a...