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Loopring / TetherUS PERPETUAL CONTRACT

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LRCUSDT.P trade ideas

LRCUSDT (Waiting for the symmetric triangle breakout)LRCUSDT (4H CHART) Technical Analysis Update Waiting for the Symmetric Triangle Breakout LRC/USDT currently trading at $0.455 Buy-level: Above 0.48 (only buy after 4 h candle closes above 0.480 Stop loss: below $0.38 Resisace Level 1(Target 1) : $0.620 Resistance level 2(Target 2) : $0.850 Max Leverage: 2X ALWAYS KEEP STOP LOSS... Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and comment your thoughts.
Long
by GreenCryptoTrades
8
LRCUSDT (LOOPRING) - UPTREND CONTINUATIONANALYSIS 🔎 - LRCUSDT brokeout above the symmetrical triangle(1) inclined resistance. - LRCUSDT hit a new ATH and retraced. - Price retested the flip horizontal support and 0.618 fibonacci retracement level. - A bullish pin bar (hammer) was formed at the retest area. - Price action is printing a symmetrical triangle(2) pattern. - Breakout above symmetrical triangle(2) inclined resistance could be an uptrend continuation signal. BUY ENTRY ⬆️ - Breakout above the symmetrical triangle(2) inclined resistance. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). - Fibonacci extension level 1.0. SETUP INVALIDATION ❌ - Breakdown below the symmetrical triangle(2) inclined support.
Long
by Chibuike_Odoh