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Lrcusd

LRCUSD Update - Time to say goodbye• I know that there are people from the Loopring Reddit who are reading my analyses, and this analysis is dedicated to them. • With more data points, the descending parallel channel can now be better drawn. LRCUSD has not left the channel yet. • Note that channel lines have measuring implications. Once a breakout occurs from an existing price channel, prices usually travel a distance equal to the width of the channel. • *If* this is indeed an ABC correction, and the sub-waves add strength to this hypothesis, then breaking down below the parallel channel to the vicinity of $1.2 (depending on where the parallel channel is broken). This seems positioned to lead LRCUSD to a devastating H&S pattern. • *However*, if this is not an ABC correction, and LRCUSD does indeed break out above the parallel channel, then even if she were to break out now, she will not re-establish a price above the previous ATH from this breakout alone. • Even if LRCUSD breaks out to the upside, if she does not pump beyond her previous ATH and enter price discovery quickly, momentum will be lost and hopium will fade. • If LRCUSD breaks out to the downside, then the dump will be ugly indeed. • For long-term trading, LRCUSD no longer possesses even reasonable profit potential. • For short-term traders, you may wish to short LRCUSD.
COINBASE:LRCUSDShort
by AlphaBravoCharlie77
54
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
Long
by Abtin00
3
LRC/USDT LOOPRING CONTINUATION FOR THE BULLS!!!?????RC/USDT BYBIT LOOKING FOR CONTINUATION TO THE UPSIDE AND IS CURRENTLY IN A BULL FLAG ON THE 4 HOUR CHART! PRICE HAS RETRACED SLIGHTLY AFTER TRYING TO BREAK OUT OF THE BULL FLAG YESTERDAY AND HAS HAD A BIT OF A COOL OFF! I Believe Buyers will return and have shared with you my targets for a long set up on the chart! Measuring the flag pole would take LRC/USDT to the fibbonachi 1.5 Extension, even though this is a target i would still take my first take profi at the 1:1, remember ladies and gents nothing in trading is a guarantee we have to lock in pr,ofits to be profitabe traders!! My Take profit 2 is at the 1.236, Then take profit 3 at the 1.618. Using a stop loss below the local support makes this trade a good risk to reward ration. Just thought i would share this with you if you have not yet discovered this set up! ALT SEASON IS UPON US AND I BELIVE DECEMBER TO BE A MASSIVE RUN UP FOR A LOT OF ALT COINS AND I WILL BE SHARING MY IDEAS SO FEEL FREE TO GIVE US A FOLOW SO YOU DONT MISS OUT! ;) HAPPY TRADING AND WISH YOU ALL THE BEST OF LUCK WITH YOUR EVERYDAY TRADING, LETS MAKE MONEY TOGETHER :)
COINBASE:LRCUSDLong
by LONDON_XRP
6
LRCUSDT , We need more pullbackHello everybody Whats up ? how is your last week ? In here we have one the most powerful project in layer 2 of ethereum use Zk-rollup technology The price break the downward trend line and had some pullback to it but we think its not enough and we need more pullback to the trendline and the price can come to our zone we shown on chart and support from their to the target that we shown it Guys in zone at first take signal then take in position , signal like hammer , ascending cover , pattern price or ... Dont forget use stop loss and observe money management Good Luck
Long
by Abtin00
LRCUSD at a critical point• LRCUSD has been in a descending parallel channel since her ATH on 10 Nov'21. • She seems to be in her last sub-peak of Correction Wave A. • Unless there is a sustained break out of the parallel channel, then the above two assumptions could not be invalidated. • LRCUSD has been behaving in a rather masochistic manner since her ATH. I was expecting a H&S instead of this prolonged pain. I suspect this is due to the hopium found in abundance in LRC's reddit threads. • There is a chance that she will break out above the parallel channel, new hopium will be injected, and a new ATH may be established. • However, there is a greater chance that this will not happen. *If she bounces off the topline back into the parallel channel*, then the hopium would persist, and LRCUSD will continue with her prolonged pain. • *If she breaks below the parallel channel*, then the hopium would run out, and that would be the start of the end. • This does not look good.
COINBASE:LRCUSD
by AlphaBravoCharlie77
4
LOOPRING, Massive BULL-FLAG Forming, How It Completes!Hello Cryptocurrency Community, Welcome to this altcoin-trading-analysis about LRC (Loopring), we are looking at the 4-hour timeframe perspective. As when looking at my chart we can watch there how Loopring is forming a very interesting structure here as it previously increased with bullish volatility and shot to the upside increasing with volume and spread. Now as Loopring firstly pulled back it moved on to initiate this main formation in the structure which can be considered as a descending-channel-formation. Within this descending-channel-formation Loopring has a coherent wave-count with the waves A to D almost already completed. Now as Loopring moved on with the wave-count we can see the wave E is forming now within this whole structure and already begun to develop the wave A and B in the local structure of this major wave E. Once the wave-B has been completed which will happen when Loopring finalizes this local bear-flag Loopring will move on further with the wave-E and complete the whole wave-count within the confirmational-bounce-support marked in my chart where several supports coming together. When Loopring manages to bounce within the support and move on bullishly to finally close above the upper-boundary this will complete the whole descending-channel as a bull-flag and it will be the origin for further continuations to the upside for Loopring, in this case, there are some great potentials given, it will be an interesting development ahead. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "Great fortune is when opportunity meets preparation." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
27