Lrcsignals
Prepare to pump, over 100% On 1H TF
Loopring ( BINANCE:LRCUSDT has been retracing after surged to 1.36
Right now, LRC is trading around 0.89 with the invalidation level below 0.835
We have a huge potential to take profit up to 105% at this price because of a golden ratio 1.382 Fib of wave 3 at 1.8
Wait and see
LRCUSDT 1H. Time To Sell ⏱️ Loopring, LRC has been on a massive up-move for days. It did over 300% .
But all good stuffs must come to an end.
It peaked out on the 4H chart at near $3.90 . Where I took my profit, because I saw the perfect indicator. After this I tweeted how it needs to cool off yesterday.
This is 1H chart, Double-Top formed already.
Failed to make Higher-High after previous bounce at 0.5 Fibonacci.
MA 10 is already broken twice on 1H.
RSI bearish divergence in progress
These are the signs, time to cool off for LRC . Time to take profit if you haven't already
Various support shown on the chart , support previously tested and the one yet to be tested.
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PS : Tell me any Token you want me to do analysis on. I'd consider it.
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.