LRC LOOKS AUSPICIOUS LRC has managed to break above the descending trend line that is designated in black. POC aligns perfectly with the resistance zone, and I expect a retest of the trendline to confirm an upward movement. Volume has declined in a significant way. In order for LRC to scale higher, more liquidity must flow in. Resistance levels are designated in red and support levels in green.
LRCUSDT trade ideas
LRCUSDT - Potential for BullishNote : If you have any questions, feel free to send me message
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Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
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b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :LRCUSDT - Potential for Bullish
Note : If you have any questions, feel free to send me message
Please give your comment/idea. Thanks
A RETEST OF THE ORANGE AREA IS A BUY FOR MELRC looking really good, back inside the main range after deviating to 0.2$ area, clear sign of strength and an area that needs to hold.
A close above this grey area, and ATH will be next imo.
For position taking, I will be waiting for any retest of the lower range (orange box), thats a clear buy zone for me, and an area that needs to hold as support. Closing back below would be pretty bad.
Good luck!
Textbook Cup n HandleBucking the trend once more. After an 82% correction from its May 12 high of $.90 LRC spent 41 days to reach its June 22 low of .17. This is where it was at the beginning of the new year in January. Nice base encompassing 101days to form the cup, heavy volume on the pumps, this should have some great upwards momentum. Enter at .54 Stop at .44 TP1 @.89, TP2 @1.06, TP3 @1.35. I will add trade setup in an update.
LRC below a strong resistance zone#LRCUSDT
$LRC is below a strong resistance zone, but above a broken ascending resistance that confirmed it as support.
If you still hold it take some profit and keep eye on it , if break out the orange descending support line buy more.
and if break down the ascending support line take all profit.
LRCUSDT - Support Test ☂️Loopring is testing support, a zone that was once resistance. If we can hold this zone, i believe that we can move back to set a higher high.
ALTS are looking great today!
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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
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.