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LRCUSDT trade ideas

LRCUSDT had a breakout from the ascending channel 🦐LRCUSDT had a breakout from the ascending channel and now the price wants to test the weekly resistance. IF the price is going to have a breakout,t According to Plancton's strategy (check our Academy ), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure.
Long
by InkyGrip
22
BINANCE: LRC/USDT (Wyckoff Accumulation)🛒 Pair: LRC/USDT 🛒 == SPOT== ⏰ 1400/05/22 ⏰ 🕰 13/08/2021 🕰 Duration: 📈 SHORT - MID📈 Ex: Binance #260 🛒 Buy : 0.30 - 0.31 🛒 👉Sell Targets👈 🎯TP1: 0.345 🥉 🎯TP2: hidden 🥈 🎯TP3: hidden 🥇 🎯TP4: hidden 🚁 🎯TP5: hidden ✈️ ⛔️ SL: 0.275 High Risk Trade as btc might see correction. LRC just broke out of Wyckoff accumulation pattern with good volume. BTC did local break out from fib.0.5 level at 46800 and this caused bullish momentum on almost every chart in crypto market. for LRC, Money flow shows good money inflow to this market. but in indicators like RSI,CCI, St.RSI we can see overbought condition which gives the vibes of correction. that is all we need to jump in. i missed the best buy above POC at 0.28 but it's okay. market is full of opportunities. Synchronized with btc, market healing and moving up. Bitcoin aiming for higher targets at 48k and 51k as two key resistances. Bitcoin dominance broken out of falling wedge in daily tf and looking for a S/R test. imo tomorrow will reject from this level and alt season will resume. this move will make enough room for altcoins to breath
Long
by bitcharger
5
LRCUSDT is creating a falling wedge 🦐LRCUSDT is creating a falling wedge and now the price is testing the previous resistance as new support. A long scenario is valid only if the price will have a breakout from the wedge and from the weekly resistance, otherwise, if the price will lose the 4h support, we could see a retest of the weekly support. According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
8