Loopringusdt
LOOPRING LONG SETUP LRC/USDTLoopring currently sitting down at the .886 and at the POC of the entire range and printing HL and HH
for a market structure change .
I have measured some regions on the chart pulling Negative Fibs and Standard Fib retracement tool for areas of confluence
although I have kept some info at a minimum to keep the chart looking clean .
I decided to take away all the Daily/weekly levels except for a few as these areas will add to the resistance at those regions.
Not all levels are displayed again just to make it easier to read so pls do add your own levels if need be .
FIB Speed fan also used from High to Low and aligns very well with our areas of confluence that are highlighted.
As seen in the chart I have outlined 3 regions for taking profits but its your responsibility to determine your own
invalidation and entry .
If BTC decides to drop then no alt coin will hold regardless of how bullish the asset is so ensure to follow your Risk management plan
and have awareness of BTC.
Loopring (LRC) formed big bullish bullish BA for upto 430% rallyHi dear friends, hope you are well and welcome to the new trade setup of Loopring token ( LRC ).
During the current market drop on a weekly chart, LRC has formed a bullish BAT pattern. Right now it has moved up after completing the final leg, we can wait for the correction to catch it from the potential reversal zone.
LRC 1D Careful, maximum is close, and then it will hurtToday we will consider the trading pair LRCUSDT.
There is not much to write here, a long accumulation of Loopring token around $0.40-0.50 has logical completion — the price pump.
The trigger for the jump probably was some important news for the project, right? Please share the information in the comments below the idea.
Also, similar consolidation was observed in LRCBTC pair , there price reaches strong liquidity zone from above.
At the moment the lucky ones can fix x7 profit, maybe even the price of LRCUSD will give x10 at around $4-4. 40, but you should not test your fortune, because the price is very high and the downfall might be very painful , around $0.90-1.00.
We had a similar situation in IOTEXUSDT, and we warned crypto-market participants very timely that they should forget about longs and gave them levels to buy again.
You can see the result in the idea below.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each " like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Some Loopring Hopium: $11-$15 peak of this cycleIn the past year, LRC has gone through 2 peaks and dips.
- Fib retracement puts top between 1.6 and 2 on the next peak
- Each dip crashes pretty extensively
- If pattern continues, next peak could be between $11 and $15 then crashing hard.
Caveats
- Different market conditions (very volatile, crypto is suffering a major correction)
- Price is hard to push up in higher Market caps (could only top at around $10).
- No GME, doubtful it has any momentum to reach there
LRC/USDT Loopring is showing a lot of strength despite the current situation on the market. I may be wrong but we can observe a ascending broadening wedge, it still needs to be completed but for now in my opinion it looks like it.
I will be waiting for confirmation, if I observe that I will make an update to this analys.
It is not a financial adbice, I'm just sharing my personal opinion.
LRCUSDT , Exactly move to 2nd target , did you got ?Helloooo guysss
Whats up ? Did you got this amazing profit from the market or not ??
Loopring is one of the most powerful project that it work on layer 2 but it is optimistic , Do you know what i want to say ???? :D
According to last analysis we told and shown on chart that the price was broken the trendline and we need more pullback to the trend zone then we can be ready to go up until the new target reach .
Now exactly this movement was happen and the price touch the 2nd target and we have powerful momentum for the rising price , we shoud have pullback to recover power , if the recovery price take long time the movement and the route should update guys , until now you have this analysis if any change happen we try to update chart for everybody .
Previous analysis :
Dont forget use stop loss and attention to money management
Good Luck
Abtin
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 :)
Loopring, The Time Has ComeThis one's set for an explosive move of unparalleled proportion.
As always, it's important you educate yourself and dyor! This is purely a speculative personal analysis.
I've been stacking LRC for quite a while now. This is the one of the few remaining layer twos that hasn't seen its day yet. Largely in part because of its novel complexity(ZK-rollups) and the recent market correction, it has been difficult for the average joe to wrap their head around its utility. That's all set to change very soon.
This is one of the most bleeding edge-crypto tech of its kind. We've seen Vitalik acknowledge this on several occasions.
“In the medium to long term ZK rollups will win out in all use cases as ZK-SNARK technology improves” — Vitalik Buterin (creator of Ethereum )
vitalik.ca
This is one of the the most stacked teams in all of the crypto ecosystem with some serious pedigree. Pioneering the next generation of L2. The product is about to reflect that real soon, making it one of the most popular decentralized exchanges of its kind. Comparable to its centralized counterparts like Coinbase, Binance, etc.
medium.com
medium.com
miro.medium.com
OBV - We're seeing buying pressure remain consistent in its trajectory. Seeing a consistent multi-month climb of OBV, regardless of the recent market volatility , it has maintained its structure. Overall it's looking good.
RSI - Originally bordering on oversold and lying dormant, RSI's cooled down since the recent market correction and breaking out of a wedge formation. Ready to accommodate an explosive climb.
MACD - Looks like it has been weighed down long enough by BTCs gravitational pull. Recently, flipping bullish after nearly a month.
STOCH - On the BTC Pairing: We've been able to flip the stochastic from a recent downtrend, altering its trajectory back into a climb.
LRC - Loopring is still at the bottom. Very good buy opportunityLRC is very good project which didn`t pump yet. This coin is little behind top 100 of cryptocurrency. It can pump and go back to top100 anytime. If you are searching for coin which didn`t jump yet it may be good option for you. Buy the dip and wait for pump!
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
LRC - Loopring is still at the bottom. Very good buy opportunityLRC is very good project which didn`t pump yet. This coin is little behind top 100 of cryptocurrency. It can pump and go back to top100 anytime. If you are searching for coin which didn`t jump yet it may be good option for you. Buy the dip and wait for pump!
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
Loopring; a breakout or a possible rejectionWarning; our thoughts are ours; not financial advice.
In our opinion, Loopring (LRC) joins a host of other assets that have to make a critical decision today or in the coming days, either to break up to the upside or totally reject the upper side of the uptrend channel.
If today's candle closes above the channel, some bullish days ahead. If not, we should expect a decline back to the lower part of the channel.