Loopring - Finally The Wait Is Over?It looks like GME and LRC had some good news that pumped and dumped but fundamentally this could be a great setup short term and long term. Here is my scalping chart. NFA, DYOR
#GME #LRC
Lrcusd
LRCUSDT SellHello traders!
LRCUSDT is now in consolidation formation. Once it is completed then we will see at least a 5% dip.
Stoploss is -1.5%
Target is +5%
Suggested leverage is 10x
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UPDATE: LRC profit 53% after SHORT signal - more to come?Please Like or Follow if you enjoyed this content.
UPDATE: The price dropped 53% after Short signal. Currently sitting on support 1.20 USDT. If support doesn't hold, 0.90 USDT is next support. Price is below Ichimoku cloud and RSI is still bearish. Another drop is definitely possible. But right now support is holding.
This analysis is made with my "Supertrend Ninja - Clean". It displays only the last few signals. Which gives it a clean look. Currently LRC is still in a downtrend.
Supports and Resistances are highlighted as grey blocks. Profits can be taken at each grey block. Supports and resistances are automatically drawn using my indicator "Yo Show Me Some Support - and Resistances". Pun intended.
Thank you for reading.
Namasté 🙏
What Indicators Do I Use:
In the chart I am using my "Supertrend Ninja - indicator", which is a trend-following indicator (Green and red vertical line with arrows). When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
With each trade proper risk management is essential. Either by using my script "Trailing Stoploss Bottom Activation indicator", visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my "HA Trailing Stoploss Activation", the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
LRC Scalp Setup 2% +LRC could be setting up for a bigger breakout but right here I see a nice scalp opportunity, and I will post another chart for larger time frames. Watch bitcoin for momentum and direction on all time frames. NFA, DYOR
LRCusd long positionPretty easy to understand. We've hit the .618 from low to ath which also lines up with the 200 day MA. As well as these two there is bullish divergence on the MacD. Together, and BTC willing, makes a strong argument that LRC should bounce to the .5 - .618 fib level from ath to recent low. Stop-loss and TP levels are highlighted, lmk your thoughts!
LRC to $10LRC is consolidating for next big move. LRC is at support and best time to add it in your portfolio. This is new base.
LRC Still believe LRC is going to touch 1.50-1.60 area first (which would be bitcoin at 42k) before reaching that 7 or 8 mark.
But..
Im posting this after seeing the current volume from the last few months. That alone tells me to keep holding with big rumors like Nike, MSFT, Alibaba and the bank of China upcoming. Paired with confirmed yet unannounced like GameStop.
LRC just bouncing ATM waiting for GME newsLRC is just waiting so just keep dollar cost averaging ur way up to the news
LRCUSDT Wait for the confirm breakout of the Symmetrical triangle, 👉 or use the DCA.
Manage your own risk accordingly with that TP Stop-loss everything.
LRC Bull Flag formation, Fractals, and more. Loopring FTW!Loopring is exhibiting some fractal features. Now with the new formation of a bull flag, it's looking like it's kicking and well alive. If there's a repeat, the target is $7ish next.
LRCUSDT | Getting Ready for Another Bullish Wave..!!
#LRCUSDT (Update)
Forming Falling Wedge Pattern in Daily timeframe Chart..
Getting Ready for Another Bullish Wave so Don't miss the Ride..!!
In case of Upside Breakout, Midterm Target Would be ~4$
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Loopring/usdtLRC/USDT
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SHORTClose on purple line can bring us down to 50-60 cents.
Head and shoulders very close to coming true.
If gme news doesnt come this week we most definitely will validate the hs.
To the moon...
LRC 15M Breakout15M descending triangle breakout.
Trend is an adx/triangle based breakout we should see a strong downside impulse followed by a sustained up leg
LRCTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
LRCUSD Double Bull Flag Breakout Eminent?COINBASE:LRCUSD looks to mimic itself in a double bull flag. If the second flag is broken to the upside look for a flagpole move vertically again.
Double top?4 hour chart shows double top.
This will break down to 2.30 area and possibly back upward from there. If news is fake or doesn't happen soon we will most likely retrace to 1.50-1.60.
LRC GME Earnings Action - $8 Max- Price is on the cusp of a breakout
- Will retest ATH
- Retest support
- GME earnings report is Dec 8th (any mention of LRC could lead to a parabolic push to 1.6 Fib level of $8)
- Retest of support and 1.0 Fib
Lrc(potential bullish)Lrcusdt has potential to complete triple bottom pattern, buy after breakout
Stop loss: under 2.65
LRC gearing up to finish a cup and handle or ascending triangleEither way those two patterns can create a strong push to 7-9 dollars in my opinion. This coin has great fundamentals as well, it is believed to be the long term solution for scaling Ethereum among other rollups. It is a long time keeper for the next two years. Enjoy the ride!
LRC LRCUSDT LOOPRING: Set Alert For Potential PumpSignal: Set Alert For Red -> Green, Context: Green
or
Structure Breakout: The Ascending Trend Line and Several Previous High Resistance
LRC LRCUSD LRCUSDT LRCUSDTP LOOPRING CRYPTO
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
