UPDATE LRC / LRCUSDTUPDATE IDEA^
Good Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
LRCETH
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. --
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⚡️⚡️ 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)
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.
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
LRC Pump and DumpMy experience says that this looks like a pump and dump. I personally just sold another part of my LRC. Hope to buy it back between 0.5 USD and 1 USD. It is on All Time High related with ETH, much higher ATH vs BTC. I point out the sport to buy at 28 cents. We are now more than 10x profit (time to sell not to buy). I don't care if it goes much higher than this. There are other cheaper projects right now.
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.
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.
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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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
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
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 45.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00039780 to 0.00033700). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00039780)
Ending of entry zone (0.00033700)
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= @ 0.00045800
TP2= @ 0.00049450
TP3= @ 0.00056170
TP4= @ 0.00062600
TP5= @ 0.00069420
TP6= @ 0.00079130
TP7= @ 0.00091500
TP8= @ 0.00100400
TP9= @ 0.00114500
TP10= @ 0.00145200
TP11= Free