LRCBTC
#LRCbtc / Loopring / #LRCLoopring?
What is that???
BINANCE:LRCBTC
Loopring is a software running on Ethereum that aims to incentivize a global network of users to operate a platform that enables the creation of new types of crypto asset exchanges. ... With zkRollups, Loopring asserts its exchanges can offer faster settlements for traders.
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Technically, it can touch OR break up horizontal Red line easily in mid-term.
We have three powerful strategies here on the chart:
MA 200
Trend line
Fibonacci 0.618 on trendline and
Also another Fibo in order to see target point which are here Red horizontal lines...
Nice, is not it?????
UPDATE: Parabolic Curve Theory idea for $LRC vs BTCThis is an updated daily chart for Loopring $LRC against BTC pair...
Setup is still in play although it was visibly affected by the BTC Dip on april 18th.
Interested to see 2 things in this case:
- Volume is pretty low and it has been since before the Rounded Bottom began to develop. Eyes generally fixate on lower cap coins at the very end of the money flow and it's the case for this 40 satoshi coin.
- Patterns to me are pretty much like a figure-shaped support. This feeling is reaffirmed with the april 18th and 19th dip stopping it's descending path to hug the parabolic curve again.
Loopring (LRC) Getting Ready For A Bullish Jump!The chart for Loopring (LRCBTC) looks beautiful now that a higher low is being cemented.
After the February 2021 bullish wave, LRCBTC went on to retrace and after some consolidation, signals are coming up pointing to higher prices.
LRCBTC recently moved above EMA50 and there was no strong volume while the correction took place, signaling that the bears are not strong.
Now that the consolidation phase is almost over, prices moved above EMA50/EMA10, we are very likely to see next a bullish jump.
Condition for change
If prices break and close below the last low, the above analysis is invalidated.
Namaste.
Parabolic Curve Theory idea for $LRC***This is not financial advice, it is a personal investigation log intended for furthering my knowledge on Parabolic Curve Theory ( PCT )***
This is a daily chart for Loopring $LRC vs $BTC.
Pattern analysis is clearly a Rounded Bottom (RB) at a +/-70% advance in time with a total estimated span of approximately 85 days.
Bottom of the base: 847 satoshi
Projected top: 1,869 satoshi
Projection for bases 1 through 4 set at .236, .382, .500, .618 Fibonacci levels. These have been determined by measuring an inverse retracement from base to top to force the Fib tool to place the levels from 0 to 1 to cover the complete parabola.
At the moment of publishing the estimated profit % when reaching the top is of 92%
I will update close to when the different stages are reached to keep track of the price action behavior.
Any comments and further insight are welcome.
LRC - Loopring is still at the bottom. Very good buy opportunityLRC is very good project which didn`t pump yet. This coin is little behind top 100 of cryptocurrency. It can pump and go back to top100 anytime. If you are searching for coin which didn`t jump yet it may be good option for you. Buy the dip and wait for pump!
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
#LRC / BTC looking bullish !#LRC / BTC ( Binance )
Buy Range : 0.00000990
Stop loss : Daily close candle below 0.0000846
Target 1 : 0.00001114
Target 2 : 0.00001323
Really good end of the week for LRC against BTC. Great bullish price action whicch suggest more upside if we look into indicators too.
- RSi making bullish structure
- MACD clearly bullish
- Momentum crossing into green territory
- CCI looking good
I think LRC got good chances to have a price increased in the upcoming days/weeks
Good luck !
LRC - Loopring is still at the bottom. Very good buy opportunityLRC is very good project which didn`t pump yet. This coin is little behind top 100 of cryptocurrency. It can pump and go back to top100 anytime. If you are searching for coin which didn`t jump yet it may be good option for you. Buy the dip and wait for pump!
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
LRCUSDT downtrend breakout and Good buying opportunity on $LRCLRCUSDT Breaking out downtrend on the daily time frame after 40 days of accumulation.
Stoploss Daily Close Below 0.43
Targets:
TP1: 0.62
TP2: 0.77
TP3: 0.88
TP4: 1.20
TP5: Mooon.
Please use your risk management and never enter any trade with more than 5% from your capital.
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Good Luck to everyone.