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LRCBTC

LOOPRING 🎯 Outlook For This Massive Uptrend & Pull Back!Bias: 🔞 Just a quick chart for anyone looking for some levels to keep an eye on during this LRC pullback we are having. Some basic price action used for how I am expecting this pullback to playout. Good luck everyone and hope you are all enjoying the weekend! Hit that 👍 button to show support for the content! Help the community grow by giving us a follow 🐣 ----- Support: S1: Orderblock formed during the pump which is awaiting a retest. S2: S/R flip which is also a major price pivot point on higher timeframes. Resistance: R1: Orderblock formed from the breakdown of price which is currently about to be retested. (Hopefully it hasn't been blown past by the time I finish writing this lol) ----- ✨ Drop a comment asking for an update, we do NEW setups every day! ✨
by AlphaBotSystem
Loopring Hits EMA300, Likely To Go HigherHere Loopring (LRCBTC) is facing resistance at EMA300 (the grey line at 0.00000564)... This is a "decision point". If this level can be conquered, prices can jump straight up (green arrow). But, if instead EMA300 is too strong, prices will retrace (red arrow) before jumping up (blue). Overall, this is a strongly bullish scenario if you take into consideration the MACD, RSI, and the altcoins market as a whole. This is not financial advice. Thanks a lot for your support. Namaste.
Long
by AlanSantana
1
Loopring Consolidating Upwards, Strong Signal (Easy 97% Next)When we look at Loopring (LRCBTC), we can notice upwards consolidation, which is a very strong bullish signal. In this setup, the next move can be a very, very strong green candle... This is valid as long as prices remain trading above EMA10 (Green line/0.00000461). Trading volume is really good while the indicators are looking very strong. This is a very strong chart and Loopring can easily continue growing. Thanks a lot for reading. Namaste.
by AlanSantana
7
(LRC:BTC) Loopring Falling Wedge BreakoutOverview: LRC looks like it has been in a falling wedge structure since July 2019. After forming an inverse head and shoulders with some lower MA's crossing, it looks like it could be ready for a move. Be careful with trading Alts whilst Bitcoin is like this. A parabolic BTC move will wreck alts. Breakout Analysis: Daily 9MA crosses 20MA Daily 9MA about to cross 50MA Daily close above Daily EMA Ribbon. Lower MA's on EMA Ribbon are starting to cross upwards indicating a bullish move. Broke out of the first resistance of the falling wedge (shaded triangle) while forming an inverse Head & Shoulders The right shoulder has found support on the wedge and is looking to test a significant line of resistance that has been support on the 13th of May 2019 and the 20th of Nov 2019 (top descending red line). Macd Bullish. RSI Bullish. "Loopring's Vision and Objectives" Blockchain technology empowers real ownership - ownership of digital assets, and soon, ownership of legacy financial and physical assets as well. This technology and the cryptoassets it supports have upended traditional notions of currency and will establish the foundation of the next generation of finance. Ironically, however, most cryptoasset holders still trade these assets on Centralized Exchanges, or CEXes, temporarily giving up their ownership (keys) to intermediaries, and eschewing a primary benefit & virtue of the asset itself. Over the years, users have lost more than two billion USD worth of cryptoassets on these custodial platforms. More depressingly, it is often difficult to distinguish if assets were stolen by external hackers or an inside job by malicious owners. We believe that cryptoasset trading should be and will be risk-free and worry-free in terms of custody. Traders should have strong cryptographic guarantees that their assets cannot be wrongfully taken from the platforms where they trade - not by hackers, not by exchange owners, and not even by state-level adversaries. The solution is to trade on non-custodial exchanges, also referred to as Decentralized Exchanges, or DEXes - powered by the underlying blockchains & smart contracts where these assets natively live. We also envision that trading cryptoassets on DEXes will be less expensive compared to CEXes, because security is essentially outsourced to the blockchain and cryptographic processes, instead of large, expensive, fallible human teams. These cost savings can be passed through to users. Finally, liquidity will be more fluid, able to be aggregated at a much larger scale, if not globally.
by BitcoiNZz
LRC/BTC | 60-70% Profit Potential...!!LRC/BTC (Update) Forming Falling Wedge Pattern After Testing the Key Support, Now Bouncing Up ... 340 Sats is the First Major Resistance & Wedge Breakout Zone As Well.. But LRCBTC Need Some Strong Buying Volume For Wedge Breakout.. After Breakout i'm Expecting 60-70% Profit in Midterm..So Keep Your Eyes on it. Buying Zone 300-330 Sats sell Targets 370-400-440 Sats Stop Loss Below Strong Support .. Please, give us your opinion in the comments.!! If you like the idea, please hit the Like button and subscribe to the profile in order not to miss our updates. The information given is never financial advice. Always do your own research. FREE Telegram channel t.me Follow me on Twitter twitter.com
Long
by Faibik