LRCUSDT Loopring - CRAZY?? +1000% Potential*Hi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
Another altcoin that I am bullish on for the near future, is Loopring LRCUSDT. This microcap is trading at 1000% under it's ATH, and considering the fact that we are evidently trading in the accumulation phase, between now and perhaps a little lower would make for some great distributed entry points.
Want to know a little more on how to do distributed entry's / dollar-cost-average? See HERE:
*Before you leave a comment, please make sure to watch the video all the way to the end, as there are some "t's and c's" mentioned about the upside potential.
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LRCBTC
Loopring Volume Breakout (100% Target Mapped)LRCBTC (Loopring) has seen an increase in volume in the past two days as prices move above EMA50.
The next barrier is set at EMA100, which is very likely to be conquered today and then fast growth.
We are seeing an easy 100% target short-term.
The Altcoins vs Bitcoin pairs will move now while the others retrace.
Namaste.
LRC/BTC Great Buy - Strong Strength SnapshotFollowers may request a strength snapshot of any cryptocurrency, so like and follow.
1) Strength Profile: Green and very strong.
2) Bull Bear Squeeze: Bulls are well in charge.
3) Money Flow: Is positive and increasing.
For now, LRC/BTC is a great buy - Strong Strength Snapshot: Strength Profile 🟢 Bulls in Charge 🟢 Money Flow 🟢 I'm long from 1909 sats.
I Believe this is a trapThis looks like a bull trap to me. LRC should hit 24ish cents before we see and uptrend again, but if the global market wants to keep diving we then we definitely see sub 10 cents regardless of the market launch (which sees an obvious boost before another dump).
Maybe the launch will come full with games, movies, big content from big creators/companies? Could that potentially become a "catalyst''?
If it's just useless, ugly photos/gifs at launch then we most definitely will continue to dump.
Terrible time to have to be hyping a launch.
My quick two cents on the situation before August, 24 cents, and that one sure thing is the uncertainty with market fear.
BUY when it's best for YOU.
Loopring (LRC) - May 31hello?
Traders, welcome.
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(LRCUSDT 1W chart)
Below 0.6135 is likely to be a mid- to long-term investment area.
Therefore, the key is whether the price holds the price above 0.6135.
(1D chart)
In the short-term and medium-term perspective, if it gains support above 0.5710, it is expected to turn into an uptrend.
However, since it must rise above 0.6135, it is important to confirm that it is supported by rising above 0.6135.
If it rises above 1.4750, it is expected to surge.
Unlike the stock market, the coin market allows all coins to be made as long-term investments.
However, in order to do this, you must recover the purchase principal and invest only in the amount you hold for the profit.
It's obvious, but it's not an easy way to put it into practice.
If you need immediate profit, it is better to sell 100% to make a profit.
However, if not, I think that if you set your trading method in the direction of increasing your holdings that correspond to your profits, you will have a high chance of getting huge wealth.
This is usually not easy to succeed as it requires a lot of patience.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Just like that it all changedThe GME marketplace cant save the entire market.
My 3 scenarios for lrc depending on whether bitcoin on the monthly stays strong on 30k band. If it does not I expect a 75% retrace minimum (17k area). I will not sell to rebuy in lower but add in at each resistance down to my original buy in.
Bitcoin at the 17k area would mean LRC would be near that last major resistance of 20 cent area or lower.
IMX looks even worse.
I will post my btc chart in the comments.
LRCMy plan remains the same from previous charts.
- Keeping it basic without clutter
- 15 or so indicators I use do point towards a bottom having already happened
- still depends on the rest of the globe no matter what
- no convoluted chart zoom ins
If we break below for a bear market I expect 30 cents. If the market picks up I still expect LRC to go well beyond 4 dollars.
Head and Shoulders on the LRCUSDTon the LRCUSDT chart, a pattern of Head and Shoulders is formed and the neckline of the pattern is broken, the price is retracing and in case of retest ( pullback ) to the Neckline or Downtrend can made short position for the target specified on the chart.
I hope it will be profitable for you ❤️
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LRC trying to find SupportAs you can see a strong treadline has formed on the daily for Loopring dating back to March 15th. This treadline is respected at the time. But, if daddy bitty decides to dump more this treadline will probably be invalidated. The line in the sand for LRC is $1.00 - $1.04. It can even wick down to $0.96 as long as it doesn't close at that level. Closing under $1.00 mark would confirm the treadline is broken and further down is imminent. Theres a lot of good news surrounding LRC and Gamestop right now. Gamestop has announced their NFT Marketplace Beta. I would expect the use of Loopring to increase once The NFT marketplace is officially active in the coming months. LRC is a potential strong buy at these levels. It may go back down to $0.78. But, just like all other cryptocurrencies that may have been bottom and the continuation of the bull market may have already started. From $0.65 to $1.35, LRC has already had 100% gains in the past 3 weeks. A pullback is expected at these levels. May consolidate and test the $1.35 in the coming days or weeks. Hoping for the continuation of the bull market. Gamestop NFT marketplace official release. I can see LRC testing the previous ATHs at $3.90 even breaking the ATH.
First, before we talk about Bull market and new ATH levels. we must get through these FIB retracement levels. It seems LRC hit the .786 ($1.34) level perfectly and tested those levels 2 times getting rejected. We can probably expect for LRC to touch the $0.96 - $1.04 level in the next coming days. If it respect this support tradeline. It may go for its 3rd attempt of breaking the .786 ($1.34). 3rd times a charm, if we break above $1.34 and close above $1.35. We can expect the next level target is $1.89.
Buckle up!, We're either going down hard to $0.70 again or back up to $1.89 again. We must draw a line in the sand at $1.00 for the continuation up.
LoopRing predictions (LRC), BTC back through 45k (for now) !LRC would have had a nice little run yesterday if it wasn't for BTC leaving the party.
Even so, definitely some great signals for LoopRing. Still bullish in the fact that LRC has had a resistance/support flip right around the ~T1.15 mark (blue dashed line)
Triangle now forming within what was once, a nice positive trend for ol' LoopRing, and is now a super mopey resistance trend. Let's hope for a breakout.
Definitely ~T1.15 or so would be a position I myself would be in currently if it wasn't for me getting stuck in IOST at a T0.0497 position (I hate my life 😅)
I still believe IOST is going to be at like ten cents by next week, though.
Happppppyyy candles. C'mon happy green candles, today.
♠️🤫🐿
LoopRing LRC a cup is a'comin! 👀🌀 LoopRing cup and handle is forming! ☕️
I wouldn't be snoozin' in the next several hours here 💤 because we could see a big ol' jump .
LRC seems to always move in these very violent strikes, hitting the pivot several times (forming a cup and handle).
Other tokens featured in this video are:
Algorand (ALGO
Zilliqa (ZIL)
Jasmy (JASMY)
🤫🐿♠️
LoopRing cup and handle resistance tests (+)LoopRing (LRC) is simply doing what LoopRing does.
LRC is a token that always seems to move in cup-and-handle chart formations.
🔹 We get a huge upswing,
🔹 We crash down,
🔶 We rebuild in violent strikes toward the the resistance point.
🔶 Two times... Three times... no dice.
🔶 By the 4th and 5th strike...
💠 We've now formed a LoopRing cup and handle, and are poised for new price discovery.
♠️🤫🐿