LRC on +trend, new channels createdTwo new channels popped born from my original blue dotted positive trend line --that i thought LRC was going to cross violently, and then go down. However now, if we can continue on the top of this trend line and not enter either of the new channels at alll even better
Lrcusdt
LRC be very careful here...We are directly at the apex of this triangle. If we move back up to test resistance, I don't believe we will push through (notice the descending stick values of the 3 times that we've already tested this.
Wait until the weekly pivot of about T1.05 --that would be what I'd do. We should expect to see another jump up from there, but all-in-all I am labeling this one as 'short' but personally sticking more towards the neutral side of things. NOT long.
LRC/USDT LOWER TF TRADE SETUP Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
LONG #LRC/USDT
ENTRY: CMP and add more up to $1.05
SELL- 50%
STOP LOSS: $1.01
Leverage - 5x
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
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A continuation of my ideaContinuing my LRC idea - waiting for more confirmations of trend movement, but It is starting to look good although a little underwhelmed at the response of the recent news. Volume needs to pick up considerably for us to break the next few upcoming areas, but with all the information coming in we really see it pushing sideways for months as an accumulation phase begins.
To reiterate what we said in our previous posts - we are still looking to remain under 2 dollars until August.
People say TA doesn't work but that's only because they don't understand what they're doing. It is achievable for the regular person to turn 5k into 100k with, of course, some ups and downs.
This chart here is a very basic look dumbed down to show a new person what they're looking at and to give me clarity when I come back to look at it like speaking ideas out loud. TA is much more involved and complicated than just this chart with 3 indicators. It took me 4 years to really understand and get my emotions under check.
LRC LoopRing breakout but don't chaseLittle bit of an accountability video from me.
I believe I posted here yesterday, my elliot wave prediction for LRC.
I was wrong. It broke straight through my upper negative resistance trend and has now hit it R2(..? 🤯) weekly pivot.
I'm still going to be posting this in a short position for LRC, because I do still believe that we are going to see a descending triangle breakout.
In this video I also share about how important it is to locate, chart, and follow your positive and negative trend/channel convergences.
Watch till the end to get a little advice on using the strength index.
PATTERNS , baby.
Loop Ring Parabolic Curve!Loopring had a pretty good run on 2021. Been on full retrace, and got a nice bounce in the recent week. I recon we are currently on a based 3 and ready to bounce for a final based which is somewhere 1.5 to 1.6.
Again, only noob trying to learn trading. Not an financial advice.
LRC to drop down to the T1.00 pivotLRC has had an incredible run since the gamestop announcement!
However whith any run that banks ~50% in less than 6 hours... you're gonna get a correction.
We're within a downward elliot wave cycle with E/1 landing at just about a dollar, once LRC tanks and goes below 0.99 or so
We will than see a rise back up but will, in my opnion, stay within the downward trend into the triangle for an eventual breakout.
LOOPRING (LRCUSDT) MID to Daily tf Range Updated till 23-3-22LOOPRING (LRCUSDT) midtier to Daily timeframe range. if you look at the hyper aggressive pump from November 2021. you can be sure about that its a high risk and reward alt without any doubt. from its top to bottom its provided some reasonable swing positions. the dump from its top was not as aggressive as the pump which is a surprise and it tells why those swing positions are reasonable here. its pretty straight forward chart here. from very basic rules of TA if one can utilize its range could end up in profit from both sides.
$LRC$LRC : Looks like a typical example for - Bouncing ball Pattern
It has bounced down from Previous ATH (since then) - to current level forming different heights (ATL's).
$Loopring looks like a pretty decent buy as shown after further dropping 5 to 10% from now.
The chart becomes extremely Bearish if it moves and breaks down the green zone.
The chart becomes extremely Bullish if it gets high Volume over MA., & starts towards an Uptrend breaking all Resistance zones., as it has done previously the same as indicated using a Yellow circle.
($GME - announcement might be the exact triggering point)