Today we had a big downside move. The medium-term trend is turning from bearish to bullish and right now it can be a good time to take some risk.
We expect LRC to bottom today or tomorrow, then a new upside wave should begin.
Support/resistance levels: 1.04 1.23 1.362 Mirror level - 1.23 If you position long, the next targets can be: 1 - 1.23 2 - 1.362
LRC on its way to new ath. i think this coin will touch the yearly resistance for the 3rd time very soon
ltf scalp falling wedge into .618 and emas eth merge narrative myby zkrollups benefit from this?
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,...
Followers may request a strength snapshot of any cryptocurrency, so like and follow. 1) Strength Profile: Green and very strong. 2) Bull Bear Squeeze: Bulls are well in charge. 3) Money Flow: Is positive and increasing. For now, LRC/BTC is a great buy - Strong Strength Snapshot: Strength Profile 🟢 Bulls in Charge 🟢 Money Flow 🟢 I'm long from 1909 sats.
if LRC failed to hold above CRITICAL LEVEL, 60% downfall is expected in very short interval. Stay Cautious.
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. RR: 21 Possible upside: 1490% Possible downside: 70% The three green thick lines are the accumulation zone. A break above the blue resistance will confirm bullish uptrend.
hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (LRCUSDT 1W chart) Below 0.6135 is likely to be a mid- to long-term investment area. Therefore, the key is whether the price holds the price above 0.6135. (1D chart) In the short-term and...
LRC Reject on key support , we can setup entry , potential continue upward movement BTC rejection to on key support will follow BTC movement Buy zone : 0.555 - 0.52 - 0.5 Target : 0.5750 - 0.61666 - 0.6653 - 0.7530 Stop : 0.49
Loopring proceeds to rise to 1.618, then retreats, rises to 2.618, retreats, rises to 3.618. Will this pattern continue for the next outer ring 4.618
Entering at yellow lines ,Stopping at red line , Taking targets at green lines . Simple and crisp !
• I maintain my position that I have not seen any price action that would suggest LRCUSD establishing a new ATH. • That being said, LRCUSD is indeed reaching rather attractive levels to consider DCAing in. • Though LRCUSD might start dumping further, daily RSI is nearing record lows. • Strategy A. Long if LRCUSD breaks above the parallel channel and closes 2 daily...
The GME marketplace cant save the entire market. My 3 scenarios for lrc depending on whether bitcoin on the monthly stays strong on 30k band. If it does not I expect a 75% retrace minimum (17k area). I will not sell to rebuy in lower but add in at each resistance down to my original buy in. Bitcoin at the 17k area would mean LRC would be near that last major...
On daily chart, Loopring is still accumulating. We have a target of the final wave at 12.5 and invalidation level at 0.6, of course. We have a complete wave A at 0.63 in the correction wave ABC. Wave B is happening, seem it's not finish. What next, wait and see