LRC 2H BUYLRC 2H support is at ~$2.82
Enter 50% here
and try to set some buy orders near the support zone
If LRC holds above the trendline,
the Take-Profit target would be $3.10, $3.38, and $3.94
Cheers
LRC
LRC - back test $2.85 would be perfect I wish we could go straight up but we can’t. A textbook pullback to 2.85 resistance would make a ton of sense. It’s also .618 of this run.
Ready to add at 2.85 and then it’s ATH test.
Correction is over: time to buy!Market wide correction is over! I expect a bit of sideways action of Bitcoin for the next few days and possible one more wick to the downside before blasting of to 70K+. I'm shopping altcoins and bagged up with:
LOW cap:
Benqi (QI): 2 to 10x potential (defi on AVAX)
Ultra (UOS): 2 to 10x potential (metaverse / gaming)
MID cap:
Quant (QNT): 2 to 8x potential (interoperability for institutional adoption of crypto / CBDC)
Loopring (LRC): 2 to 5x potential (layer 2 / trading)
HIGH cap:
Fantom (FTM): 2 to 3x potential (infrastructure)
Algorand (ALGO): 2 to 3x potential (infrastructure)
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
Impulse or corrective?Up 30% since last post! Atm its looking more like another impulse is being put in for a new high, but not putting the jet skies trailer before the Ferrari. The 2/B is pretty big so, for the right look or proportions sake, some distance from there would make things look a lot more pretty. It could still be putting in some kind of sideway correction still as well so some paths im watching. Some nice pitchfork play as well!
Loopring new ATHAfter a rest in form of a Triangle, price broke it and now it's time to make a new ATH at 4.5$, 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.
$LRC, 25% up on the daily (450% since latest 1D UCTS Buy signal)$LRC
25% up on the daily (450% since latest 1D UCTS Buy signal)
A break above ~4900 sats its all it needs 🤞
#LRC
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!
Two. Four. Six.Now that channel on 1 hr was denied we could possibly go downward more to test 2.3 ma again. If interest wains we see 1.80 or less within the next week is starting to make a lot of sense. It would then get very hectic to get out if looping/gme was delayed. We would see 1 pretty quickly.
This could get ugly fast unless someone or something happens in the next day or two.
LRC - SOL similarities? I'm aware of the GME news but I'm not a Stocktwits and Reddit hopium inhaler. With that being said, I do believe the chart looks similar to Solana when it broke out of the 40's and into the 60's before rocketing to $200. I wish I was smart enough to overlay the charts but I'm not. I do think LRC can make a 10x jump when people start figuring out how this is going to change L2. I hope I'm right because I passed on CRO for this.
LRC longRetest of break out of ascending wedge.
Expecting a good move the length of the flag upwards.
LRC no showing any lifeNo signs of life right now LRC looks to be heading back to bottom again. Possible to be 180 or lower.
🔥 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!
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 - 4h Higher Low AttemptLRC is attempting to set a consecutive 4h HL as a potential, right shoulder, has begun to appear.
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
