LRC/USDT – Horizontal channel. Continuing to work.Loopring - is an open protocol designed for building decentralized crypto exchanges.
CoinMarketCap : #262
Since the publication of my trading idea, the price has reached the resistance zone of the inner channel at $0.3338 (+158%). From there, it retraced back to the support of the outer channel, following the overall market movement.
I've marked potential liquidity grabs (wicks) as well as future target zones in case of a trend reversal on the chart.
Remember, if you're feeling scared right now, so is everyone else. Many have lost faith in a market recovery. Typically, these are strong triggers for position accumulation.
There's no need to guess where the price will go—just build your strategy and follow it.
My previous idea generated solid profit, and I'm now reinvesting from profits using compound interest.
Cryptoidea
Is TAOUSDT Ready to Skyrocket? The 250% Opportunity Awaits!The big picture is coming together for TAOUSDT, and it’s looking explosive! Let’s break down this visually stunning setup that could catapult this asset by an incredible 250%. Are you ready to ride this wave? Here’s why this could be a game-changing breakout:
1️⃣ The Perfect Rounded Bottom Formation
The chart paints a classic rounded bottom, a powerful bullish reversal pattern.
Key Support Zone : TAOUSDT built a solid foundation within the support area, tested multiple times for strength.
Steady Volume Accumulation: The increasing volume during the base formation hints at smart money quietly entering the market.
This setup signals that momentum is building, and the next leg up is in sight.
2️⃣ Breakout from the Bullish Flag
After the rounded bottom, the market formed a bullish flag, a textbook continuation pattern. This flag represents a brief consolidation phase, preparing for the next explosive move upward.
Volume Surge : Notice how volume spiked at the breakout point? That’s confirmation of buyer interest stepping in.
Momentum Reset : The consolidation allowed TAOUSDT to cool off, priming for a much bigger move ahead.
3️⃣ The Target: A Staggering 250% Move
The measured move projection for this breakout is 1,800$, representing a massive 250% gain from current levels. With the pattern's precision and volume confirmation, this target becomes a realistic possibility.
Here’s why this move could be the real deal:
✅ Rounded bottom = trend reversal signal.
✅ Bullish flag = continuation of momentum.
✅ Exceptional volume = confirmation of strength.
4️⃣ What Traders Should Watch For
💡 Key Support Zone: If the price retests the green support area around 470-500, it could offer a golden entry opportunity.
💡 Breakout Continuation: A clean break above the recent highs of around 640 will confirm that the momentum is intact.
💡 Volume Spike: Sustained volume will fuel this potential 250% rally.
Conclusion: A Bullish Wave is Loading! 🌊
The TAOUSDT chart is screaming opportunity, with a rounded bottom, a bullish flag, and exceptional volume setting the stage for a parabolic move. With a 250% target on the horizon, now is the time to stay sharp and capitalize on this explosive setup.
🚨 Don’t just watch the move – position yourself for it. TAOUSDT is ready to make history. Are you? 🚨