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Lrcusd

If loopring validates breakout from its weekly wedge trgt= .55 Here on the weekly we can see price action has overcome the weekly 200ma(in blue) and is about to test the resistance of the weekly 50ma (in orange) it will need to overcome the 50ma to reach the full breakout target, so I’ll be keeping a close eye on how it interacts with the moving average. Most importantly is that it closes the weekly above the wedge as well as the follow up weekly candle. *not financial advice*
COINBASE:LRCUSD
by DrDovetail
2
Keep Your Eyes on LRC (Short with tight stop or Long at BO)Attention traders! It's time to buckle up, because LRC is facing some serious rejection at a major resistance level on the 4-hour timeframe. But don't be intimidated by this wall of resistance, because we're not backing down. We're going to wait for the breakout before opening any long positions, or you can even consider shorting with a tight stop loss above this resistance. Remember, guys, risk management is key to success in the markets, so keep your cool and stay focused. Get ready for some wild times ahead with LRC!
by FortuneAI
LRCUSD Bull Flag with 1day Golden Cross emergingLoopring's January rally that broke above Resistance A (0.4250) is on a Bull Flag pattern with a few days away from forming a 1Day Golden Cross. The strong rebound on the RSI shows that this pull-back may be coming to an end, especially if it (the RSI) crosses over its MA again. The 1Week MA50 stopped the rally on Feb 2nd and caused the Flag pattern so logically we need to have it broken to buy. If it doesn, Target A = 0.52500 (Resistance B) and Target B = 0.66500 (Resistance C). In the same sense, below Support A, we turn to selling with 5.7000 our Target. Follow us, like the idea and leave a comment below!!
BINANCE:LRCUSDLong
by TheCryptagon
Loopring LRC/USDTesting/Tracking Elliot waves. Please do not trade off idea without stop loss. This one is for all the GME fans. I know that some of yall aren't invested in crypto, but because this coin is related to GME, you might invest. If you're already invested in LRC or will be looking to buy some then the data here should be valuable for you. On this chart it shows us that we've already gone through a -95% drop. This is normal in the crypto world. Most altcoins will go through a period where they drop -90-98%. With that being said -95% is already high up there so there's a possibility we may go a bit lower down, but that's a very small amount compared to the possible upside. If you hoover over to the today's price R/R you can see that from here you have a R/R ratio of 31.6 with the stop loss being underneath the Z wave drop. The Z wave drop is around a -97% drop from ATH. R/R ratio from today's price: 31.6 Possible upside: 1915% Possible downside: -60% R/R ratio from Z wave: 656 Possible upside: 4975% Possible downside: none. Personally I will not use a stop loss at all on either one. I would dollar cost average into both and if there's a slightest possibility for another drop from Z wave then I would buy more too. Do not go all in, especially if you're using leverage, a -60% drop is still big. Better to play it safe than sorry. If you go all in and you can't buy more when Z wave hits, you're out of luck. From the Z wave I would consider adding a lot more (if we ever get it). This is not financial advice. Chart timeframe is on the weekly. Expected timeline for this to play out is roughly within 2 years for the wave 3 top.
by AyoKu
4
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
LRC/USDT - LONG IF 1 + 1 = 2----- 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: Breakout (Long) Leverage: Cross (1.0X) Entry Orders: 1) 0.3345 - 100.0% (87.006 USDT) Take-Profit Orders: 1) 0.3418 - 80.0% 2) 0.3579 - 19.999% Trailing Configuration: Stop: Breakeven - Trigger: Target (1)
Long
by Mahdicryptodotma-pro
Loopring Relief?Before looking at any altcoin, we must look at the status of Bitcoin. BTC is in a healthy short-term uptrend after having a 75% drop to below $18k. - If Bitcoin is able to make a move to $27,500 - $30,000 we can see alt coins like LRC following suit. BITSTAMP:BTCUSD Loopring has been in a comfortable uptrend from $.30 to $.50 for the past 2 months, accumulating for what looks to be a move to the upside and some relief after a long -90%+ move. TARGET: ≈ $.80 - Keep an eye on BTC because looks like buyers are slowly & quietly moving back into the space.
COINBASE:LRCUSDLong
by mascher7675