[LRC/BTC] VERY GOOD RISK/REWARD ON LOOPRING [ 400% POTENTIAL ]
#LRC / BTC 0.40% ( Binance )
Buy Range : 1500
Stop Loss : Below 1266 ( Optional )
Short-term - > 2185
Target 1 : 3495
Target 2 : 5350
Target 3 : 6700
STOCH RSI CHART :
If we look into STOCH RSI Chart, we can see how has backed to support after recent movement on April. Now , its trying to go up suggesting some movements on the price.
ON BALANCE VOLUME :
Weekly chart reveals reversal movement which started on early September, this price action could be suggesting back and touch the trendline as did on April
MACD/T3-CCI/RSI :
They still inside of negative territory but are sharing better perfomance on the last weeks and it could be positive soon
VOLUME :
Still weak but having its having positive action on the last two weeks
TD SEQUENTIAL:
We have a 9 on the weekly chart which could boost the prices according to momentum. If we look a green two after this green one we could be talking of bullish reversal. Anyway, this price is very good to buy and wait for our targets
Buy Range : 1500
Stop Loss : Below 1266 ( Optional )
Short-term - > 2185
Target 1 : 3495
Target 2 : 5350
Target 3 : 6700
STOCH RSI CHART :
If we look into STOCH RSI Chart, we can see how has backed to support after recent movement on April. Now , its trying to go up suggesting some movements on the price.
ON BALANCE VOLUME :
Weekly chart reveals reversal movement which started on early September, this price action could be suggesting back and touch the trendline as did on April
MACD/T3-CCI/RSI :
They still inside of negative territory but are sharing better perfomance on the last weeks and it could be positive soon
VOLUME :
Still weak but having its having positive action on the last two weeks
TD SEQUENTIAL:
We have a 9 on the weekly chart which could boost the prices according to momentum. If we look a green two after this green one we could be talking of bullish reversal. Anyway, this price is very good to buy and wait for our targets
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