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LRCETH

LRC is Setting Up BIG!Loopring (LRC) is presenting an excellent opportunity with a confluence of technical factors aligning at the old high demand zone. This area holds significant importance as it combines the strength of a multi-tap demand zone with a Fibonacci retracement level, enhancing its reliability for a potential bounce. Why the Old High Demand Zone is Key 3-Tap Test: The price has tapped into this demand zone multiple times, signaling its strength as a support level. Each tap reinforces the zone, indicating buyer interest and the likelihood of a reversal from this level. Historical Significance: This zone corresponds to a previous high where LRC established strong momentum. Retesting old highs as support is a common bullish continuation pattern, suggesting this area is crucial for price stability. Fibonacci Confluence: The demand zone aligns perfectly with a key Fibonacci retracement level (e.g., 0.618 or 0.786). Fibonacci levels are widely respected in the market, making this zone even more attractive for an entry. Why This Setup Stands Out High-Probability Reversal: The confluence of factors increases the likelihood of a strong bounce, making it an ideal point to join the trend. Low Risk, High Reward: Entering near this zone offers a tighter stop-loss and greater upside potential if the price rebounds. Market Structure Support: The demand zone holds significance in maintaining the bullish structure of LRC. How to Approach This Trade Spot Buy at the Demand Zone: Place buy orders within the old high demand zone, ensuring you're positioned at this critical level. Watch for Confirmation: Look for bullish price action, such as candlestick patterns (e.g., hammer or engulfing candles) or increasing volume near the zone. Set a Stop-Loss: Place a stop-loss slightly below the demand zone to protect against invalidation. Hold for a Fibonacci Extension: If the price bounces, aim for higher Fibonacci extension levels as potential targets. I keep my charts clean and simple because I believe clarity leads to better decisions. Trading doesn’t have to be overly complicated, and I enjoy sharing setups that have worked well for me. My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups. It’s all about learning and growing together as traders, and I’m here to share what I see. The markets can confirm what the charts whisper if we’re paying attention. I hope these levels help you as much as they’ve helped me in the past. Let’s see how this plays out! Tip of The Iceberg 🐶 DOGEUSDT.P: Next Move 🎨 RENDERUSDT.P: Opportunity of the Month 💎 ETHUSDT.P: Where to Retrace 🟢 BNBUSDT.P: Potential Surge 📊 BTC Dominance: Reaction Zone 🌊 WAVESUSDT.P: Demand Zone Potential 🟣 UNIUSDT.P: Long-Term Trade 🔵 XRPUSDT.P: Entry Zones 🔗 LINKUSDT.P: Follow The River 📈 BTCUSDT.P: Two Key Demand Zones 🟩 POLUSDT: Bullish Momentum
Long
by XU99
1
LRC/USDT - LONG ----- Welcome, dear followers! ----- - Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns. - For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me. - If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero. - Today's deal is shown in the chart, and here are the entry and exit points below. -- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. -- ------------------------------------------------------- ⚡️⚡️ LRC/USDT ⚡️⚡️ Exchange: Binance Futures Trade Type: Regular (Long) Leverage: Cross (1.0X) Entry Orders: 1) 0.2713 - 24.829% ✅ 2) 0.2628 - 24.986% 3) 0.2540 - 25.078% 4) 0.2452 - 25.106% Take-Profit Orders: 1) 0.2836 - 50.0% 2) 0.3126 - 25.0% 3) 0.3416 - 15.0% 4) 0.3714 - 10.0% Trailing Configuration: Entry: Percentage (0.5%) Stop: Breakeven - Trigger: Target (1)
Long
by Mahdicryptodotma-pro
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.
Long
by Bobron
LRCUSDT , Exactly move to 2nd target , did you got ?Helloooo guysss Whats up ? Did you got this amazing profit from the market or not ?? Loopring is one of the most powerful project that it work on layer 2 but it is optimistic , Do you know what i want to say ???? :D According to last analysis we told and shown on chart that the price was broken the trendline and we need more pullback to the trend zone then we can be ready to go up until the new target reach . Now exactly this movement was happen and the price touch the 2nd target and we have powerful momentum for the rising price , we shoud have pullback to recover power , if the recovery price take long time the movement and the route should update guys , until now you have this analysis if any change happen we try to update chart for everybody . Previous analysis : Dont forget use stop loss and attention to money management Good Luck Abtin
Long
by Abtin00
3
LRCUSD After Action Review – 31.5X in 4 trades• That was a nice and enlightening series of trades on LRCUSD. Let’s do an AAR for self-improvement purposes. ** marks areas for improvement. • Some background first. I’m an amateur long-term trader who utilises both FA and TA. FA to identify investment opportunities. TA to add precision to when/where/how to make trade decisions. • My overall trading strategy is heavily influenced by the RPG Darkest Dungeon (en.wikipedia.org). Trading is stressful, more so when you are “in the dungeon”. Stress reduces one’s trading efficacy, so I try my best to minimise stress by doing due research before taking action, and by minimising the number of trades I take. I don’t leverage trades. • I’m a technologist in my day job, and FA is a large part of what I do. In essence, FA is simply the identification of problem statements, use cases and the estimation of commercial potential. • For TA, I avoid fancy stuff and rely on simple patterns to identify trends, E-Waves and Fib levels for potential levels, and RSI for momentum and tops. • Fundamentally, LRC tries to address the iron triangle of crypto. Very similar to other industries (eg quality, cost and accessibility in healthcare), in crypto, there is 3 traits that are valued—decentralisation, security and speed—but it is only reasonable for any blockchain to be good at at most 2. This is the problem statement. ETH focuses on decentralisation and security, and needs to outsource speed to layer 2 blockchains. LRC’s use case is to serve as ETH’s L2. However, even though L2 is required, L2 does not need to be tokenised. The only reason why L2 is tokenised as LRC is profit-making, and we should view her accordingly with clear eyes. It is eventual that LRC is acquired by ETH, or ETH may even build its own parallel L2 and eventually phase out LRC. Any partnership with GME is done more out of desperation and diversification than anything. Let’s be brutally honest with ourselves and not be blinded by ideology.
BINANCE:LRCUSD
by AlphaBravoCharlie77
4
Scenarios for THIS reversal pattern & where price can be headed*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. 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. *Follow me for the latest cryptocurrency analyses on my watchlist *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *Thank you to those who donated, I very much appreciate it.
COINBASE:LRCUSD
by CryptoRush_
1
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 `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
by PolarHusk
7
There is a possibility for the beginning of an uptrend in LRCETHTechnical analysis: . Loopring/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 34. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00034500 to 0.00031700). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00034500) Ending of entry zone (0.00031700) 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= @ 0.00040800 TP2= @ 0.00045800 TP3= @ 0.00049600 TP4= @ 0.00061000 TP5= @ 0.00081000 TP6= @ 0.00100000 TP7= @ 0.00115000 TP8= Free
Long
by ForecastCity
4
There is a possibility for the beginning of an uptrend in LRCETHTechnical analysis: . Loopring/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 34. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00034500 to 0.00031700). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00034500) Ending of entry zone (0.00031700) 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= @ 0.00040800 TP2= @ 0.00045800 TP3= @ 0.00049600 TP4= @ 0.00061000 TP5= @ 0.00081000 TP6= @ 0.00100000 TP7= @ 0.00115000 TP8= Free
Long
by ForecastCity
4