LRC popped!LRC burst out of its triangle and looking to hit its initial TP of 5 - 5.5. Daily RSI is at 70 levels again.
Loopring
Loopring bearish continuationWe just broke 4hr bullish support zone. With my bitcoin long, I have to hedge against myself.
Now loopring has done 785.90% profit in 13days. We have never gone into the bearish control zone .
Conclusion : If i was up 785% on a altcoin with bitcoin making a 1 month low. Even with a dip in bitcoin of 50%. I would still be more than 350% in profit if i buy bitcoin now.
Impulse or corrective?Up 30% since last post! Atm its looking more like another impulse is being put in for a new high, but not putting the jet skies trailer before the Ferrari. The 2/B is pretty big so, for the right look or proportions sake, some distance from there would make things look a lot more pretty. It could still be putting in some kind of sideway correction still as well so some paths im watching. Some nice pitchfork play as well!
Loopring new ATHAfter a rest in form of a Triangle, price broke it and now it's time to make a new ATH at 4.5$, and if uptrend continues, long term ATH will be 25$
LRC - Break out. ATH comingI really think LRC can easily 3x if not more. I’m holding this long term but always reward yourself with a little profit on the way up.
LRC - Breakthrough retest. Enter LONG BUYLRC break through to the upsidee in the descending triangle, so the previous gameplan is invalidated and stop loss triggered. Here Im placing Longs with a tight stop loss somewhere in the range of the triangle below.
LRC - Descending Triangle - SELL SHORTLRC is strictly respecting the descending triangle movement which draws lower highs and support bounce, which is likely to break through to the support after it reaches a certain level.
I'm placing shorts every time it gets rejected from the triangle top side.
This is my 4th short position I open here.
LRC - USDT possible to reach the target of $4.2 - 4.8Loopring is still possible to reach the target of $4.2 - 4.8.
Cluster support is at the level of $2.4 - $2. The risk level is below $2.
Take profit in stages 3 -3.2 - 3.4 - 3.7 - 4 - 4.2 - 4.3 - 4.6 -4.8.
Good luck.
Zig Zag, Zig Zag....Zig Zag? Its got the look of a double Zig Zag, not perfect but dece. Now a 2xZZ could turn into a 3xZZ but those are said to be rare, so we shall see. Breaking 2.89 would make a 3xZZ even more unlikely so that area alarmed. Some nice grindage on the channel too!
🔥 Loopring Bull-Flag: Volatility SoonAfter the massive run-up earlier this month, LRC is currently seeing some consolidation coming its way.
During this period of consolidation, a bull-flag pattern has developed on the chart. Since this flag pattern has formed during a strong bullish move, it's more likely for the price to break out on the bullish side than on the bearish side.
In case of a bullish break out, I'm looking at the $2.75 - $2.90 range for potential exit targets. In case we break above that in the coming days, we might even go for a new all-time high in the near future.
Happy trading!
LRC/USDT LOOPRING CONTINUATION FOR THE BULLS!!!?????RC/USDT BYBIT LOOKING FOR CONTINUATION TO THE UPSIDE AND IS CURRENTLY IN A BULL FLAG ON THE 4 HOUR CHART!
PRICE HAS RETRACED SLIGHTLY AFTER TRYING TO BREAK OUT OF THE BULL FLAG YESTERDAY AND HAS HAD A BIT OF A COOL OFF!
I Believe Buyers will return and have shared with you my targets for a long set up on the chart!
Measuring the flag pole would take LRC/USDT to the fibbonachi 1.5 Extension, even though this is a target i would still take my first take profi at the 1:1, remember ladies and gents nothing in trading is a guarantee we have to lock in pr,ofits to be profitabe traders!! My Take profit 2 is at the 1.236, Then take profit 3 at the 1.618.
Using a stop loss below the local support makes this trade a good risk to reward ration.
Just thought i would share this with you if you have not yet discovered this set up!
ALT SEASON IS UPON US AND I BELIVE DECEMBER TO BE A MASSIVE RUN UP FOR A LOT OF ALT COINS AND I WILL BE SHARING MY IDEAS SO FEEL FREE TO GIVE US A FOLOW SO YOU DONT MISS OUT! ;)
HAPPY TRADING AND WISH YOU ALL THE BEST OF LUCK WITH YOUR EVERYDAY TRADING, LETS MAKE MONEY TOGETHER :)
1.50-1.80 or 3Make or break right now and anything can happen.
My bet is on upward but many indicators show indecision.
LRC- Descending triangle - Bearish movement incomingI see pretty bearish movement likely to happen in the coming couple weeks in loopring pairing USDT. We got lower highs and the support which looks like susceptible of being broken through.
LRC - Descending Triangle Pattern - BEARISHLoopring is drawing a bearish pattern with lower highs and a bearish momentum. I'm expecting it to have free fall kind of descendance in price over this 1-2 weeks.
LRC to lower to get more accumulationLRC looks to be in a mini downtrend movement in its downside range to accumulate more to further likely to breakout to the upside and complete the bullish flag
LRCUSDT , We need more pullbackHello everybody
Whats up ? how is your last week ?
In here we have one the most powerful project in layer 2 of ethereum use Zk-rollup technology
The price break the downward trend line and had some pullback to it but we think its not enough and we need more pullback to the trendline and the price can come to our zone we shown on chart and support from their to the target that we shown it
Guys in zone at first take signal then take in position , signal like hammer , ascending cover , pattern price or ...
Dont forget use stop loss and observe money management
Good Luck
GAMESTOP to $260charts and numbers and lines and things.
I'd honestly take a chance into next week. It looks like GME might head up to $260 if it can catch some momentum.
LRC breaks the RooFAs i analyzed loopring in past days it breaks the roof and the rally is continuing now!
After Day canlde close on the roof , you can enter to join the rally to ATH
Tel channel: @zcsash
LRCUSDT - Channel Breakout!!LRCUSDT - Channel Breakout!!
LRCUSDT(2h chart) Technical analysis
LRCUSDT(2h chart) Currently trading at $2.76
Buy level : Above $2.8
Stop loss: Below $2.12
TP1: $3.26
TP2: $3.75
TP3: $4.2
TP4: $5
Max Leverage 3x
Always keep Stop loss
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LOOPRING, Massive BULL-FLAG Forming, How It Completes!Hello Cryptocurrency Community,
Welcome to this altcoin-trading-analysis about LRC (Loopring), we are looking at the 4-hour timeframe perspective. As when looking at my chart we can watch there how Loopring is forming a very interesting structure here as it previously increased with bullish volatility and shot to the upside increasing with volume and spread. Now as Loopring firstly pulled back it moved on to initiate this main formation in the structure which can be considered as a descending-channel-formation. Within this descending-channel-formation Loopring has a coherent wave-count with the waves A to D almost already completed. Now as Loopring moved on with the wave-count we can see the wave E is forming now within this whole structure and already begun to develop the wave A and B in the local structure of this major wave E. Once the wave-B has been completed which will happen when Loopring finalizes this local bear-flag Loopring will move on further with the wave-E and complete the whole wave-count within the confirmational-bounce-support marked in my chart where several supports coming together. When Loopring manages to bounce within the support and move on bullishly to finally close above the upper-boundary this will complete the whole descending-channel as a bull-flag and it will be the origin for further continuations to the upside for Loopring, in this case, there are some great potentials given, it will be an interesting development ahead.
In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best!
"Great fortune is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the markets.
LRC long#Loopring bounced off the bullish trendline which was in the perfect alignment with Fibonacci 0.5 retracement level. Bullish movement will likely continue up to 3.83$
