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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001540 to 0.00001270). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001540)
Ending of entry zone (0.00001270)
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= @ 0.00002310
TP2= @ 0.00002760
TP3= @ 0.00003640
TP4= @ 0.00004360
TP5= @ 0.00005110
TP6= @ 0.00006290
TP7= @ 0.00007480
TP8= @ 0.00009160
TP9= @ 0.00011320
TP10= @ 0.00015400
TP11= Free
LRCBTC
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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001540 to 0.00001270). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001540)
Ending of entry zone (0.00001270)
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= @ 0.00002310
TP2= @ 0.00002760
TP3= @ 0.00003640
TP4= @ 0.00004360
TP5= @ 0.00005110
TP6= @ 0.00006290
TP7= @ 0.00007480
TP8= @ 0.00009160
TP9= @ 0.00011320
TP10= @ 0.00015400
TP11= Free
LRC Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
Thanks for visiting.
[LRC/BTC] VERY GOOD RISK/REWARD ON LOOPRING [ 400% POTENTIAL ]#LRC / BTC 0.40% ( Binance )
Buy Range : 1500
Stop Loss : Below 1266 ( Optional )
Short-term - > 2185
Target 1 : 3495
Target 2 : 5350
Target 3 : 6700
STOCH RSI CHART :
If we look into STOCH RSI Chart, we can see how has backed to support after recent movement on April. Now , its trying to go up suggesting some movements on the price.
ON BALANCE VOLUME :
Weekly chart reveals reversal movement which started on early September, this price action could be suggesting back and touch the trendline as did on April
MACD/T3-CCI/RSI :
They still inside of negative territory but are sharing better perfomance on the last weeks and it could be positive soon
VOLUME :
Still weak but having its having positive action on the last two weeks
TD SEQUENTIAL:
We have a 9 on the weekly chart which could boost the prices according to momentum. If we look a green two after this green one we could be talking of bullish reversal. Anyway, this price is very good to buy and wait for our targets
LRCBTC: Looking for a High Rewards BounceLRCBTC is approaching a critical level on the daily time frame. Either it will bounce off this price point or continue to drop further. We see an opportunity for a low-risk/high-reward trade with a tight stop-loss.
Targets are:
Buy: 0.00003150 - 0.00003250
Target 1: 0.00003967
Target 2: 0.00004607
Target 3: 0.00005403
Target 4: 0.00007057
Stoploss: Close below 0.00003028
LRCBTC long term growth is expectedDirectional movement indicator shows low price fluctuations and a gradual rise according to MACD, Stoch RSI and Ichimoku clouds. Moreover at the long term timeframes the price is going to form bullish Gartley butterfly pattern. If this happens the price will break out from descending triangle and will consolidate for the further long term growth.
There is a possibility for the beginning of uptrend in LRCBTC Technical analysis:
. LOOPRING/BITCOIN is in a downtrend and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
Trading suggestion:
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.000050 to 0.000043). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000050)
Ending of entry zone (0.000043)
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 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= @ 0.000061
TP2= @ 0.000072
TP3= @ 0.000079
TP4= @ 0.000093
TP5= @ 0.000108
TP6= @ 0.000154
TP7= Free
There is a possibility for the beginning of uptrend in LRCBTCTechnical analysis:
. LOOPRING/BITCOIN is in a downtrend and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
Trading suggestion:
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.000050 to 0.000043). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000050)
Ending of entry zone (0.000043)
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 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= @ 0.000061
TP2= @ 0.000072
TP3= @ 0.000079
TP4= @ 0.000093
TP5= @ 0.000108
TP6= @ 0.000154
TP7= Free
Loopring vs Bitcoin May Shoot Up AnytimeRecently Loopring found the support at 61.8% Fibonacci retracement level, that is 6500 satoshis. Along with the Fibs support, the 4/1 Gann Fan trendline has also been rejected suggesting the continuation of the uptrend.
The consolidation now has taken almost two week, but price still failed to break below the support level. It seems that LRC/BTC is ready to rapidly start moving upwards, while the consolidation comes to an end.
Strong resistance is seen at 14300 satoshis, that is confirmed by 23.6% Fibonacci retracement level. This is a key resistance for Loopring, and if it manages to break above, further growth should be expected.
LRC could go down, but in this case, daily break and close below 6k satoshis is required. Then price could decline towards the uptrend trendline or even down to 4k satoshis support.
LOOPRING: NEW DEVELOPMENTS = 29.63% PROFIT!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 25th of April 2018.
Using this buy in point and selling at today's price, you would have expected to net 29.63% PROFIT!!!
The increase in price may also be explained by positive developments including:
8 April: Loopring gets listed on Bitfinex.
12 April: Deployment of LRN (Loopring’s protocol token on NEO) on the NEO blockchain, with NEO working on ways in which to allow LRC holders to recieve their LRN.
19 April: Potential partnerships with xGoogle Blockchain Alliance (GBA) which involves the incubation of high quality blockchain projects by ex-Googlers.
20 April: Loopr beta2 wallet opens for public testing. Its trading features were available to Ethereum addresses with 10K or more LRC.
20 April: Loopring partnered with gate.io, GEX, SYEX, IDAX, and Bitpaction to list LRN, Loopring’s protocol on NEO, on May 1st.
23 April: Loopring's wallet (Loopr2) test's coming to the final stage.
26 April: Loopring publishes update on LRN Airdrops to detail our the LRN airdrop plan.
29 April: Loopring finalises the timeline to distribute LRN to private investors and LRC token holders. Private investors will receive 20% of their LRN on May 1st, 40% on July 1st, and 40% on Sept 1st; LRC token holders will receive LRN airdrops on July 5th, Sept. 5th, and Nov. 5th.
These factors have together with the substantial increase in trading volume have led to Loopring's increase in price. Most of the trading volume is coming from Chinese and Korean exchanges accounting for 100% of all trading volume.
LOOPRING: 24 HOURS = 12.23% PROFIT!!Our "Crypto Scalper" Trade Signal has correctly identified a buy in point on the 18th of April 2018.
Using this buy in point and selling at today's price, you would have expected to net 12.23% PROFIT!!! IN 24 HOURS.
The increase in price may also be explained by positive developments including:
1. Potential partnerships with xGoogle Blockchain Alliance (GBA) which involves the incubation of high quality blockchain projects by ex-Googlers.
2. Deployment of LRN (Loopring’s protocol token on NEO) on the NEO blockchain, with NEO working on ways in which to allow LRC holders to recieve their LRN.
3. LRC got listed on Bitfinex where you can trade LRC with ETH, BTC, and USDT.
Analysis using the Crypto Bull/Bear Signal suggests the move may be in line with an increase in buying activity as a result of this news. The crypto markets have been trending upwards with BTC dominance dropping suggesting that the movement of funds into alt coins.