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.
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LRC
LRC/BTC 1DAY UPDATE Welcome to this quick LRC/BTC analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-LRC/BTC bullish flag ready to buy the green zone spot buy and hold
Entry:- 0.00002270,0.00002630
Traget:-100% TO 250%
Stop loss:- 200MA down side cloge
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
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
LRCYou can just keep putting new rebound bottom arrows everytime it drops another 20 cents. Look at the full chart here.
BTC is at its last point of rebound and if we don't in the next 3 days you can nearly guarantee 60 cents for LRC.
Whether you like it or not this is what a pump and dump is.
If you got sucked in by hype all you can do is wait and hope it gets back to its highs or short it to 60 cents. Both take big balls when all you have is a rumour.
LRC Builds New Temporary Bottomhello guys , every thing is on chart , fibbo levels , supply zone ,
LRC Ready For New Temporary Spike Like Shiba Inu before Continue Falling More .
2 ideas for bottom :
1- double top pattern bottom : 0.65 - 0.75
2- bottom based on fibbo and demand zone : 0.9 - 1.15
Targets : On Chart
SL : Daily Candle Close Blow 0.6 ( For Hodlers )
Key area.If we don't break the 130ish area in the coming week then we will surely see 60 cents by February.
If we do we need to fight to get back into trend, fight to get above ma, fight to get above other resistances/cloud.
The only thing that is going to bring upward movement is a release from Looping or GameStop. Expect another dump tomorrow and dumps until the end of January.
I'm holding for the long term but it's good to compare sentiment, developer release schedule, and news to price movement.
A waiting game.
GME to $50 SupportUpdating monthly chart trade from before. We have hit the first monthly MA support. I think its inevitable we go lower to the lower MA for support which coincidentally aligns with the $50 resistance range that may now become support. Judging by the timeline it could be another year before any kind of MOASS, which is good for any long term holders. Good luck!
"100 usd to 1,000,000 usd" challenge (3)We closed LINA trade because of some weakness shown on BTC.
I am betting on a decrease of LRC price in the next few days or weeks.
I use fib levels for my exit strategy.
See chart for more details.
Price(usdt) : 2.44
Amount (LRC): 105
Total(usdt): 256
Total portfolio: -256 usdt (borrowed on Binance Cross Margin)
Follow for more updates
UPDATE: LRC profit 53% after SHORT signal - more to come?Please Like or Follow if you enjoyed this content.
UPDATE: The price dropped 53% after Short signal. Currently sitting on support 1.20 USDT. If support doesn't hold, 0.90 USDT is next support. Price is below Ichimoku cloud and RSI is still bearish. Another drop is definitely possible. But right now support is holding.
This analysis is made with my "Supertrend Ninja - Clean". It displays only the last few signals. Which gives it a clean look. Currently LRC is still in a downtrend.
Supports and Resistances are highlighted as grey blocks. Profits can be taken at each grey block. Supports and resistances are automatically drawn using my indicator "Yo Show Me Some Support - and Resistances". Pun intended.
Thank you for reading.
Namasté 🙏
What Indicators Do I Use:
In the chart I am using my "Supertrend Ninja - indicator", which is a trend-following indicator (Green and red vertical line with arrows). When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
With each trade proper risk management is essential. Either by using my script "Trailing Stoploss Bottom Activation indicator", visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my "HA Trailing Stoploss Activation", the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
LRC Quick Long ScalpExpecting a bounce from the Parallel Support from December 20th.
Ideally price will reach the Resistance of January 10th before resuming the downtrend.
This presents a good Long Scalp opportunity, will wait for the price to retest Parallel Support first.
When in trade I keep to a strict Risk Management plan and keep an eye on BTC
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
BINANCE:LRCUSDTPERP
BINANCE:LRCUSDT
BYBIT:LRCUSDT
FTX:LRCPERP
FTX:LRCUSD
LRCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. You see that the price has created a Gartley pattern. If it receives support at the S1 line, the next target would be the R1 line where you can save profit there. If it breaks the R1 line, it can move up to even $2.43. If it breaks the S1 line it can move down to $1.761. But it seems bullish.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
LRC updatewell in my personal opinion i think btc is done with the major dump. we could go down more ofc. so DYOR
for the safest entry i would wait for breakout. or you can enter now but we could very well still go down the drain. so just make sure your following your risk management
the wedge target is actually the channel/bull flag*
"100 usd to 1,000,000 usd " challenge (5)We missed a massive pump on QUICK but life continues.
Next trade entered yesterday. Short on LRC
We go for 4:1 Risk reward with a leveraged short trade on this pair. See chart for stop loss.
Initial portfolio(usdt) : 96.7
Price entered in LRC(usdt): 2.3698
Filled(LRC) : 81 (Isolated borrow on Binance)
Total (usdt) : 191.95
Follow for more updates
LRC Still believe LRC is going to touch 1.50-1.60 area first (which would be bitcoin at 42k) before reaching that 7 or 8 mark.
But..
Im posting this after seeing the current volume from the last few months. That alone tells me to keep holding with big rumors like Nike, MSFT, Alibaba and the bank of China upcoming. Paired with confirmed yet unannounced like GameStop.
LRC rejectedIf no announcement comes this week we can see a slow bleed for the next 4 weeks.
Down to base of flag, 1.60 areas where to the last dump wick reached. This will maych the weekly me and the gamestop quarterly report at the end of january ( or their possible timeframe for announcement ).
Wait and see plus, Accumulate.