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LRCPERP trade ideas

LOOPRING IS MY DAD AND HERE IS WHYHERES WHY LOPRING IS MY DAD: Do you see the chart? It never drops. Yes read that again. IT NEVER DROPS. IT HAS A MASSIVE RUN UP AND SLOWLY TRICKLES SIDEWAYS. Do you know what happens after it trickles sideways? IT has a massive run up again. Its following a pretty steady uptrend pattern that make my tits hard off of for days. I am not a financial advisor nor do i ever want to be one. I do charts for a living and this chart is doing me. Hope that makes sense. Im not here to convince anyone that its a good investment im here to state the fact that they own a PATENT to make a decentralized exchange which would change the world. Thats all. god bless.
COINBASE:LRCUSDLong
by UnknownUnicorn24212010
1
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
LRC betaNot financial advice, just sharing my observations. LRC, the child of GME, has been really moving lately. OTHERS.D is looking prime for a bounce, barring a large uptick on BTC in the next couple of hours. If OTHERS.D 5D % charts bounces from the .854 fib retracement, we could see a nice long entry on LRC if some shorts jump in. Keep in mind market.d and trends LRC, CRO, MANA all the movers are slightly more difficult to trade with all the activity on them. Be mindful that many ideas are melting together on these charts.
COINBASE:LRCUSD
by elkenpolar
LRC >30% in 16 hoursOn the 4 hour graph, LRC has exhibited a ~2-day bear run followed by a rapid 16-hour bull run. White trend lines represent the bear run while yellow represents the bull run. Interestingly enough, the bull run has been around 16 hours each time. By Sunday 10:00 PM (UTC-6), LRC could be expected to hit 1.85. If this current trend continues, a new entry point could be at 1.90 (after waiting for confirmation, of course!) The exit point would be 2.60 or no later than 20 hours afterwards. If you're feeling greedy, you could also wait for the chance that it breaks out of this existing trend if it hits 2.7. Since this would be an overnight position, I recommend a stop loss at 1.80 or an alert. Disclaimer: This is my first published Idea and I am not a financial expert offering you certified advice.
COINBASE:LRCUSDLong
by wellitriedkinda
LRC - Bottom of breakout reached!?LRC broke out of its downtrend channel / bullflag. I expected it to trade to higher prices earlier but instead it continued to drop. To define the bottom I always use Fibonacci retracement levels. The bottom of the flag bounced exactly on the 0.618 of the bigger fibo retracement. After the breakout, the price of $2.44 also seems to bounce on the 0.618 if you'd draw a fibo retracement from the bottom of the flag to the top of the trend reversal. I didn't draw these lines for this published idea as the chart becomes too confusing otherwise, but if you'd like to try you yourself, you can draw it from $2.158 to $2.893. You'll see that the 0.618 (which is normally the end of the retracement) is then drawn on $2.44 So, combining that with the crooked trendline, I believe that from there to price cant do much but bounce and trade back to higher levels. My target you can see in the chart. Hope this idea is helpful for educational purposes. #notfinancialadvice
COINBASE:LRCUSDLong
by JoshAMS
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