LRCUSDT - Potential buy entry 🔼LRCUSDT has been consolidating in a symmetrical triangle pattern.
Potential breakout.
Buy entry ⬆️ - breakout above the symmetrical triangle resistance.
Target 🎯 - resistance levels, ascending channel resistance.
Setup invalidation ❌ - breakdown below the ascending channel support.
LRCBTC
How far can this pullback go & KEY support levels to watch*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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LRC Long Trade 20201112Symbol: LRCUSD, LRCUSDT
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern PRO
Timeframes:15M - 2H
Blue -> Green
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DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Trade closed manually: Closed when the above ribbons turns Yellow or Better the Red.
LRC 45% Profit Potential "Positional Trade"Hello Dear Traders,
LRC is a Great Project, Has Own Crypto Exchange
frm last 2 days it showing some bullishness in chart
and profit potential is also high, u can fill some bags in portfolio for below given target
Entry: 0.14300
Stoploss : 0.12300
Target : 0.21000
Please share your opinion and leave a comment and / or give it a like.
This trading idea has been presented to you by ROHITWORKSS
LRC/BTC (Sign of Weakness?)💎Technical Analysis Summary💎
BINANCE: LRCBTC
-Looping is trading within a rising wedge on an RSI divergence
-This is technically Bearish in terms of chart pattern
-It is still unconfirmed until the upward trendline is broken down
-I recommend to Sell if a Bearish candle closes below 2k sat
-The downside target is the previous Resistance/Support at the 1400s sat
-Wait for the confirmation and don't rush into the trade without a plan
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Not Financial Advice
Please Exercise Risk Management
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Analysis - LRC/BTCHello friends!
Today we will consider another token that has risen from the dead. Hype around defi is still strong,
which means that all these "promising projects" will still be pumping properly.
The analysis presented above is based on the typical patterns of this season,
the current phase is called the runaway train.
Don't forget to place stops and take your profits if you can.
LRCBTC analysisBuy 2,bull and moon signal say we can buy. Here is my analysis:
1. We can buy when risk/reward ratio is greater than 2, we can buy
2. We can buy at support (chart has just broken resistance) = 17.2satoshi
We can use sell2, hell or bear signal for sell decision. We must also sell if the chart goes 1D open & close below the support line.
LRCBTC Weekly S/R|Range High|.618 Fibonacci|Technical DivergenceEvening traders,
Today’s Analysis – LRCBTC – breaking back into weekly structure with the immediate target range high.
Points to consider,
- Immediate trend bullish
- Weekly S/R confluence (.618 Fibonacci)
- Range high target
- Oscillators diverging
- Structural higher low
The immediate directional bias is bullish due to consecutive structural HH’s and HL’s. The weekly S/R is in technical confluence with the .618 Fibonacci, an S/R flip retest is likely to hold true.
Range high is the immediate target, breaking this level will continue the trend; higher weekly targets will be objectives.
Oscillators are both diverging, price established a higher low, and oscillators established a lower low, this is a technical hidden bullish divergence.
Overall, in my opinion, an S/R Flip retest of the weekly level will allow for a valid long with defined risk. Price is action is to be used upon discretion and management of the trade.
What are your thoughts?
Thank you for following my work!
And remember,
“When you really believe that trading is simply a probability game, concepts like right or wrong or win or lose no longer have the same significance.” – Mark Douglas
Loopring Retrace Is Likely Over | Chart Signals Detailed (LEO)We have multiple signals here telling us that the Loopring (LRCBTC) retrace is likely to be over...
Let's have a look at those for learning and entertainment purposes.
1) First, we have a strong green candle today moving above EMA10 and EMA50.
2) We see that LRCBTC bounced exactly at the 0.618 Fib. retracement level relative to the bullish wave from May until July.
On bullish cycles, altcoins tend to bounce off this level, or higher, to resume their uptrends.
3) Hidden bullish divergence. We have hidden bullish divergence with the MACD and RSI.
This is true when the pair prints higher lows while the indicator is printing lower lows... Marked here with purple lines.
4) Bitcoin drops by $1000+ yet have no effect on this pair.
Normally when Bitcoin does a flash crash, the altcoins tend to crash with it.
The altcoins not crashing with Bitcoin confirms the strength of this pair and the bullish altcoins market.
All these are bullish signals that are pointing to additional growth and thus tells us that the retrace for Loopring might be over.
Conditions for change
With the above said, we still stay open to seeing sudden change...
The charts are always changing we know this for sure.
If prices move and close below MA200 (0.00000603), the bullish bias we described above is invalidated and a new analysis is needed.
We stay bullish with any trading above MA200.
This is Alan Masters...
Feel free to hit LIKE if you enjoyed this post.
Namaste.
LRC / BTC Channel 80% Impulses. Pivot points. Loss in price 52X!LRC (Loopring) / BTC Operation in the horizontal accumulation channel in increments of 80%. Pay attention to the impulses - shadows and downtrend lines that I showed inside the channel.
Pivot points breakthrough / retention of important support / resistance levels on which further movement will depend, I showed on the chart of this coin.
I showed various options for entering the market after confirming support for a certain local level.
The target are all on the chart depending on what price movement is confirmed.
Do not be greedy in your trade, and as a result, be richer than other market participants. Especially on such coins.
A breakthrough of the channel and fixing the price above the resistance of the channel will open upside potential to higher targets than the potential of the channel.
Particular attention for observation should be given to supporting this channel. The previous channel was broken down and the price fixed below support.
Stop loss
Under key support levels during your entry into the market.
Do not forget to move Stop Loss during the price increase, but take into account the volatility of the coin.
It is also worth adding that this coin has become 52 times cheaper since the last pump!
Traded on top exchanges, including Binance.
Coin only for speculation and not for accumulation!
Range Low, Wedge Breakout | LRC Price action is looking good. Range Low and Wedge Breakout. We can bet on longing it. We can be late in trend but we are trading with trend so chances are high.
Disclaimer
Trade at your own risk. This is not a financial advise. We are not registered/licensed organisation for Financial Services.