Loopring (LRC) Looking Bullish (890% PP)Loopring (LRC) Chart Analysis by Alan Masters
Loopring is looking nicely bullish on the chart, and I believe it is about to move soon. Let's take a look at some signals.
We have a high volume hammer and hitting an all time low of 0.00000920.
After this low was hit, green volume started to increase.
With a bullish RSI breaking above resistance.
The MACD is trending up but still on the bearish side. An early bullish crossover can be spotted.
Now trading above EMA10.
Note: This is no trade advice. This information is shared for learning and entertainment purposes only.
Thanks a lot for reading.
Hit LIKE for more.
Namaste.
Loopring
SPOTTED! $LRC Whale Is On The Silent Accumulation!Long term investment and playing trend is no doubt on LRC chart. It looks juicy how whale is actually accumulating without people's knowing that. Well, what if people know that you just ain't get the information. Hmmm interesting.
Loopring is ranked #70 on coinmarketcap.com with 1.375 billion of total supply and 789 millions are on the circulating.
Loopring is DEX that have quite nice interface and friendly use. But the think that i need to highlight is the color gain and correction. Both are green at the moment lol
So be careful..
DEX is not really relevant but DEX need to be prepared for future users gains and protect users from centralized exchange. I think even tho i'm not really interested using DEX recently, but they need to be supported, it's a long game.
Judging the fact that this chart is quite tempting for mid term game. I don't need to speak a lot. But beware of the RSI. Even the price action is so flat i don't why RSI is quite high. It means that even the pump might occur soon but it'll limited due to this factor. Well, let's see.
The most closer resistance for mid term game is 2794 sats. Will post the close look on the update for short term game.
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If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot!
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LRCBTCSeems legit, let's try to exploit it. Entry on pullback at 0.618 Fib level of last rise with somehow big stop loss, which can be adjusted, if things will go by plan.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Edit: I moved position 3 candles to the left, didn't pay attention before I published the idea.
LRC/BTC; 1H; Binance; 26.10. by @SupernovaElite. Potential 10%!Local rising trend, price rebounced
from MA 100,200 many times. Now
formed traingle pattern which was
broken but come back. There is volumes,
need consolidating near this lvls or
next breakthrough for confirmation.
Risk/Reward = 2,41
Do not forgrt about SL!
Loopring LRC Binance
LRCBTC I like this project and it has a chance to become one of the leading decentralized exchange platform. A dozen projects have already integrated the Loopring protocol and more are expected to follow, which will create a network effect which will have a positive effect on the overall liquidity of the Loopring protocol.
This can attract new users and projects, as well as affect the price of the asset.
My recommendation add this coin in your portfolio and you can earn 100-300% until end of the year
Good luck dear traders
There is a possibility for the beginning of an uptrend in LRCBTCTechnical analysis:
. LOOPRING/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001540 to 0.00001270). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001540)
Ending of entry zone (0.00001270)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00002310
TP2= @ 0.00002760
TP3= @ 0.00003640
TP4= @ 0.00004360
TP5= @ 0.00005110
TP6= @ 0.00006290
TP7= @ 0.00007480
TP8= @ 0.00009160
TP9= @ 0.00011320
TP10= @ 0.00015400
TP11= Free
There is a possibility for the beginning of an uptrend in LRCBTCTechnical analysis:
. LOOPRING/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001540 to 0.00001270). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001540)
Ending of entry zone (0.00001270)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00002310
TP2= @ 0.00002760
TP3= @ 0.00003640
TP4= @ 0.00004360
TP5= @ 0.00005110
TP6= @ 0.00006290
TP7= @ 0.00007480
TP8= @ 0.00009160
TP9= @ 0.00011320
TP10= @ 0.00015400
TP11= Free
A trading opportunity to buy in LRCETHTechnical analysis:
. LOOPRING/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 53.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00044300 to 0.00038850). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00044300)
Ending of entry zone (0.00038850)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00056080
TP2= @ 0.00063120
TP3= @ 0.00081630
TP4= @ 0.00096570
TP5= @ 0.00111550
TP6= @ 0.00132780
TP7= @ 0.00159920
TP8= Free
A trading opportunity to buy in LRCETHTechnical analysis:
. LOOPRING/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 53.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00044300 to 0.00038850). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00044300)
Ending of entry zone (0.00038850)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00056080
TP2= @ 0.00063120
TP3= @ 0.00081630
TP4= @ 0.00096570
TP5= @ 0.00111550
TP6= @ 0.00132780
TP7= @ 0.00159920
TP8= Free
[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
Its Time To Buy LoopringAccording to the Fibonacci Time Zone indicator, today Loopring enters the new cycle, which does indicate that it cold be the time to act now. Price has tested the low at $0.11, where it has rejected the upper trendline of the descending channel.
All-in-all the trend is bearing and it is hard to argue with that. But it could be the very bottom and the end of the decline. If that is the case, LRC/USD is expected to grow exponentially, with the first target at $1, that is x10 gain.
But if the $1 psychological resistance is broken, then next target is at $3 area, that is the previous all-time high. Break above the $3, should send price up to the next psychological resistance area, near $10.
The buying opportunity seems to present itself, and it could be the low risk trade with a x100 profit opportunity in the medium term.
LRCBTC: Looking for a High Rewards BounceLRCBTC is approaching a critical level on the daily time frame. Either it will bounce off this price point or continue to drop further. We see an opportunity for a low-risk/high-reward trade with a tight stop-loss.
Targets are:
Buy: 0.00003150 - 0.00003250
Target 1: 0.00003967
Target 2: 0.00004607
Target 3: 0.00005403
Target 4: 0.00007057
Stoploss: Close below 0.00003028
There is a possibility for the beginning of uptrend in LRCBTC Technical analysis:
. LOOPRING/BITCOIN is in a downtrend and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
Trading suggestion:
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.000050 to 0.000043). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000050)
Ending of entry zone (0.000043)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000061
TP2= @ 0.000072
TP3= @ 0.000079
TP4= @ 0.000093
TP5= @ 0.000108
TP6= @ 0.000154
TP7= Free
There is a possibility for the beginning of uptrend in LRCBTCTechnical analysis:
. LOOPRING/BITCOIN is in a downtrend and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
Trading suggestion:
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.000050 to 0.000043). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000050)
Ending of entry zone (0.000043)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000061
TP2= @ 0.000072
TP3= @ 0.000079
TP4= @ 0.000093
TP5= @ 0.000108
TP6= @ 0.000154
TP7= Free