LRCUSD trade ideas
Pulse of an asset ala Fibonacci: LRC two spurts of Golden GrowthThis Chart is a an example of a "Golden" Fib series.
This Concept is from "Chapter 5" of my going "book".
This Religion is of the universality of the "Golden Ratio".
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My "Book" detailing my Methodology with Numerous Examples:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: one Ping only
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Loopring (LRC) - September 20 (1W)Hello?
Dear traders, nice to meet you.
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As it rises above 0.14871109, it is completely off the floor.
In order to create a new wave, you need to make sure you can get the support above 0.14871109.
We do not recommend new investments as the uptrend has not yet ended and we do not know where to sideways.
If it falls, we need to see if we can get support at 0.19715322.
It is expected that the movement to create a new wave will proceed, so we will have to watch it with a margin.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
LRC/USD - Loopring- Looking for a bounce?One to keep an eye on over the next few days.
LRC has steadily retraced over the last few weeks.
Now tightening as some lower support meets the retrace.
Looking for the break from trend, for entry.
As always. not financial advice, just thoughts and TA.
Bingaz
LRC may provide 25-50% near term upsidePattern looks very familiar to the ETHUSD triple bottom pattern. LRCUSD third bottom seems to be forming with decent short term upside.
Not financial advice. Do your own research.
$LRC 50MA crossover 200MA #LRC #LoopringLike with a lot of altcoins, it is time to go long.
We hope $BTC stay calm.
LRCAfter breaking the triangle, experienced sharp growth. It seems to be on the line of resistance to be support line.
Loop Ring Coin Eying SupportLPC had a big move up. Will be watching for a bounce off of this moving average.
Its Time To Buy LoopringAccording to the Fibonacci Time Zone indicator, today Loopring enters the new cycle, which does indicate that it cold be the time to act now. Price has tested the low at $0.11, where it has rejected the upper trendline of the descending channel.
All-in-all the trend is bearing and it is hard to argue with that. But it could be the very bottom and the end of the decline. If that is the case, LRC/USD is expected to grow exponentially, with the first target at $1, that is x10 gain.
But if the $1 psychological resistance is broken, then next target is at $3 area, that is the previous all-time high. Break above the $3, should send price up to the next psychological resistance area, near $10.
The buying opportunity seems to present itself, and it could be the low risk trade with a x100 profit opportunity in the medium term.
LRCUSD COMMENTSThere has been a recent downtrend in price, the bars will soon touch the BB's lower band and retract. The price is currently at a low, even below the drawn Support level, for this reason I would advice traders to wait for price to be more constant in the Support and Resistance zones. But then buying now would also be good as we expect price to rise after the bar touches the BB's lower band.
Ambitious Projection, Not Hard To ImagineResponding very nicely to the pull back, I think that once this trendline breaks, there could be some quick upside. If BTC can hold up and make the run to 8k levels, it could open up some juicy opportunities in the alts. LRC has been on my radar for a while, and they just launched their IOS application today, and it looks good to outperform BTC.
If you don't have a decentralized exchange play yet, this is something to consider.
SL: $0.43
TP 1: $1.00
TP 2: $1.25
Have a great trading day.
LOOPRING - ITS FOR REAL!This is BITCONNEEEECT !!!
Seriously buy Loopring now or miss out.
I'm talking panic buy.
See you on the other side of this trade. :)
(this is not trading advice, you are responsible of your own decisions)
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