Loopring
Prepare to pump, over 100% On 1H TF
Loopring ( BINANCE:LRCUSDT has been retracing after surged to 1.36
Right now, LRC is trading around 0.89 with the invalidation level below 0.835
We have a huge potential to take profit up to 105% at this price because of a golden ratio 1.382 Fib of wave 3 at 1.8
Wait and see
I'm back! Apologies, everyone. (JASMY, LRC, ZIL, IOST)As the title suggests, this is just a bit of a wave hello after being gone.
I cannot post any more links within my charts, it seems.
I'm still getting used to the TradingView 🏠 rules. Up until about 2 weeks ago, I'd never shared anything to TradingView in all my years using the platform.
I'm a bit old(er).
However, I am back and will only be promoting anything within my signature. Thanks!
LRC's in the correction wave, up to 1.9On daily chart
COINBASE:LRCUSD has found the support at 0.627, that level is end point of wave A.
Right now, wave B is happening. Wave B might be at 1.9 equal 0.618 Fib of Wave A.
Wait and see.
If my idea is helpful, leave a like to help my job. Thanks 🙏
Remember, DYOR before you trade plz!
LoopRing predictions (LRC), BTC back through 45k (for now) !LRC would have had a nice little run yesterday if it wasn't for BTC leaving the party.
Even so, definitely some great signals for LoopRing. Still bullish in the fact that LRC has had a resistance/support flip right around the ~T1.15 mark (blue dashed line)
Triangle now forming within what was once, a nice positive trend for ol' LoopRing, and is now a super mopey resistance trend. Let's hope for a breakout.
Definitely ~T1.15 or so would be a position I myself would be in currently if it wasn't for me getting stuck in IOST at a T0.0497 position (I hate my life 😅)
I still believe IOST is going to be at like ten cents by next week, though.
Happppppyyy candles. C'mon happy green candles, today.
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LRCUSD Loopring AnalysisLRC as a strong monthly liquidity zone. LRC is approaching an test on its previous reversal zone. If there is a bounce on this level, expect LRC to have a continuation on a leg up. If price action does not hold this reversal zone, expect the fake out and break down under of price action.
BTC just left the party (LTC cup and handle wrap)Bitcoin and the institutional 🐳s that provide the astronomic buys and sells to -in essence- move the BTC market as they see fit, -well they've decided they weren't having it, and decided to bail out on all us party people. Hey, it happens a couple times a month, even more so now over these last several weeks of geo-political turmoil and uncertainty.
Wait it out.
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LoopRing LRC a cup is a'comin! 👀🌀 LoopRing cup and handle is forming! ☕️
I wouldn't be snoozin' in the next several hours here 💤 because we could see a big ol' jump .
LRC seems to always move in these very violent strikes, hitting the pivot several times (forming a cup and handle).
Other tokens featured in this video are:
Algorand (ALGO
Zilliqa (ZIL)
Jasmy (JASMY)
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LoopRing cup and handle resistance tests (+)LoopRing (LRC) is simply doing what LoopRing does.
LRC is a token that always seems to move in cup-and-handle chart formations.
🔹 We get a huge upswing,
🔹 We crash down,
🔶 We rebuild in violent strikes toward the the resistance point.
🔶 Two times... Three times... no dice.
🔶 By the 4th and 5th strike...
💠 We've now formed a LoopRing cup and handle, and are poised for new price discovery.
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Loopring LRC with room to grow - addresses in profitLoopring LRC with room to grow - addresses in profit
Putting on-chain data by @intotheblock on the daily chart we see enough room to grow for LRC according to the last sell-off situation end of November 2021.
Currently 67.31% are in profit - end November 85.48% have been in profit as taking profit started.
Tell me if you like these charts - will analyse more Crypto for you.
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
LRC on +trend, new channels createdTwo new channels popped born from my original blue dotted positive trend line --that i thought LRC was going to cross violently, and then go down. However now, if we can continue on the top of this trend line and not enter either of the new channels at alll even better
LRC be very careful here...We are directly at the apex of this triangle. If we move back up to test resistance, I don't believe we will push through (notice the descending stick values of the 3 times that we've already tested this.
Wait until the weekly pivot of about T1.05 --that would be what I'd do. We should expect to see another jump up from there, but all-in-all I am labeling this one as 'short' but personally sticking more towards the neutral side of things. NOT long.