$LRC Trying to bounce from support at ~1350sats...$LRC Trying to bounce from support at ~1350sats... For now bounce looks weak (low volume levels..)
Based on previous iterations with this level, I think it will hodl.. maybe with another retest on the upcoming days as it wait for volume
Bullish divs can be spotted aswell
#LRC
LRCBTC
A trading opportunity to buy in LRCBTCTechnical analysis:
. LOOPRING/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 40.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001310 to 0.00001110). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001310)
Ending of entry zone (0.00001110)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000963
TP2= @ 0.00001294
TP3= @ 0.00001560
TP4= @ 0.00001826
TP5= @ 0.00003370
TP6= @ 0.00004900
TP7= @ 0.00006120
TP8= @ 0.00007350
TP9= @ 0.00011320
TP10= Free
LRC/BTC 4.9.19 (A lotta green grass out there)From bottom range in green to the tip of the top is about 1000%.
Dotted red lines are possible areas of resistance (interest).
Dotted blue is the current range high which was broken on the weekly but failed the retest. A close above the dotted yellow maintains the weekly higher low and LRC would be expected to challenge the blue resistance again.
$LRC, Trying to break above EMA200Update on $LRC, Trying to break above EMA200.. If it manages to break above 2ksats a big movement can be unleashed (no big resistances ahead).
UCTS Buy signal active on the 1D
Volume increasing over last weeks
MACD trying to start rising, RSI above 50 and rising.
$LRC
$LRC, Volume started to increase....update on $LRC, Volume started to increase & we are testing 1700sats resistance again....
UCTS Buy signal on the daily.
Sitting over EMA50/100 as support
Starting to cross Ichi cloud...
RSI Rising & MACD about to bullcross...
Stay alert if breakout happens... #LRC
This alt setup looks ridiculously good.Coin:
Loopring (LRC/BTC)
Thesis:
Alts are popping left and right.
This one is lagging behind, but it'll pump soon enough. And there is no resistance anywhere in sight.
Why:
Unlike a lot of other coins, Loopring didn't make historic lows in the bear market.
It's been in a trading range for quite a while. Volume has been increasing. This coin is clearly being accumulated.
There was a fakeout to shake the last weak hands out, but it shot right back into the range on high volume.
It's only a matter of time before it really starts moving.
The reason this alt is so appealing is because the first resistance is a 100% away. That is the minimum pump I expect.
Summary:
Bullish.
First target: 0.00003600
Might go beyond that if we get a proper alt season.
Retracement is over... $LRC retracement reached ~1365sats level (.236 fib) after the 100%+ run from Jan.
Currently trying to break from a descending channel and cross over EMA50/100.Volume is still MIA while RSI & MACD are slighty turning to the bullish side...
Wait for now till better confirmation #LRC
Loopring Trade Signal [LRCBTC](70% PP)Trade: Loopring (LRCBTC)
BUY: 0.00001520 - 0.00001700
TARGETS:
(1) 0.00001950
(2) 0.00002200
(3) 0.00002500
(4) 0.00002900
STOP: Close daily candle below 0.00001300.
Quick analysis for Loopring (LRCBTC) daily chart:
Full retrace completed to 0.786 Fib. retracement support.
Bounce and break above resistance after the above-mentioned support was hit.
Increasing green volume.
Bullish MACD and RSI.
This is a trade signal, straight forward to the trade.
Enjoy the profits and feel free to support our work by hitting LIKE.
Thanks!
Namaste.
There is a possibility for the beginning of an uptrend in LRCBTCTechnical analysis:
. LOOPRING/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
Price is in the support zone (0.00001110 to 0.00000920), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00001110)
Ending of entry zone (0.00000920)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00001310
TP2= @ 0.00001630
TP3= @ 0.00001900
TP4= @ 0.00002310
TP5= @ 0.00002760
TP6= @ 0.00003370
TP7= @ 0.00004900
TP8= @ 0.00006120
TP9= @ 0.00007350
TP10= @ 0.00009100
TP11= @ 0.00011320
TP12= @ 0.00015400
TP13= Free
There is a possibility for the beginning of an uptrend in LRCBTCTechnical analysis:
. LOOPRING/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
Price is in the support zone (0.00001110 to 0.00000920), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00001110)
Ending of entry zone (0.00000920)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00001310
TP2= @ 0.00001630
TP3= @ 0.00001900
TP4= @ 0.00002310
TP5= @ 0.00002760
TP6= @ 0.00003370
TP7= @ 0.00004900
TP8= @ 0.00006120
TP9= @ 0.00007350
TP10= @ 0.00009100
TP11= @ 0.00011320
TP12= @ 0.00015400
TP13= Free
LRC Trying to find support ...$LRC Trying to find support after a 53% drop at ~1365 sats. Currently resistances are at EMA50-EMA100(red/green). RSI starting to turn, MACD almost flat. Volume trying to become alive again. Breaking above EMA50 could lead us to another run to retest latest local high #LRC
Loopring Prepares for Round 2 (Over 70% Profits Potential)Our last trade for Loopring (LRCBTC) generated a nice 125%+ profits for us... Imagine how happy we are to generate such great profits without doing much more than lifting a few fingers.
Let me tell you our strategy in a nutshell: Buy low to later sell high... You see how simple that is?
No complexities; keeping it simple. Simple is best.
Now I am looking at the Loopring (LRCBTC) chart once again because I am seeing the signals building up for a second round.
Let me read those signals for you for our own learning and entertainment, while you take your time to hit LIKE...
Done? Ok, let's continue.
Loopring (LRCBTC) Chart Analysis by Alan Masters
This chart is a classic and the signals are clearly marked, let's look at them:
LRCBTC last bullish wave generated massive profits, over 180% from top to bottom, we enjoyed over 120% from this wave. The next wave is starting to take form.
First, we have a retrace that went all the way back to 0.786 Fib. retracement. If you have been reading me lately, you know by now that altcoins (crypto-assets) tend to find support at this fib. level. If the price holds, they quickly bounce up.
On top of the Fib. support holding, you can notice the price action going flat. First a strong decline that ended flat, followed by a green candle that has above average volume and is breaking above multiple resistances at once (Moving Averages). These are a bunch of bullish signals all in one place.
The TD Sequential started a new positive count.
The RSI is bullish and trending up.
The MACD is starting to curve up.
These are some of the early signals I look for and they are very pronounced here.
Then we have the cycles, waves down, wave up, wave down, wave up... We just completed a strong wave down, what follows is a wave up.
With all the above said, signals can still get invalidated, so make sure to have a plan/strategy/trade if you decide to trade this altcoin and always use a stop loss.
If you enjoyed this post, learned something or simply want to show your support, you can do so by leaving a comment, hitting LIKE and send me what I always send you... A BUNCH OF LOVE!
Namaste.
Previous Loopring (LRCBTC) trade which generated 120%+ profits:
$LRC Bullish PotentialLRC broke above 1500 then had a fairly bullish charge as soon as it did. This was significant Support/Resistance for more than a week.
The good thing is we have broken this barrier and have come back down to retest it. For the short term time-frame it is holding.
12Hr Time frame
We have the Fib Retracement tool showing a deep retracement to 0.786
The current 12 hour candle is forming a doji which is potentially a 'morning star' in the making if people see this bullish potential.
We have had a Bullish TK Cross which is good, but the Tenkan and Kijin are going to act as resistance around 1580+/- (Be weary)
We are below the cloud, but depending on how slow the move up is the Fib Extension targets (shown on the 3 hour) are definitely possible targets depending on the speed of this move.
3Hr Time frame
I have shown the Fib Extension tool, with targets being 1:1 up to 1:1.618. If we make this zone you can expect a 17-28% gain
Right now we're testing the cloud, a good close above the cloud will be cause of Bullish-bias.