Bobron
Check out my previous lrc chart. We break 15 cents and LRC will take many years if at all to get back to 4 dollars. 24 is a strong area and we can only hope we stay strong here and push out of this downward movement. This TA brought to you by 10 quarterly reports.
Pretty iffy ergo chart. Super surprised that many miners stuck around with it considering it needs to be around 20 dollars to be profitable right now. Ergo might get real quiet here in the next 6 months.
This looks like a bull trap to me. LRC should hit 24ish cents before we see and uptrend again, but if the global market wants to keep diving we then we definitely see sub 10 cents regardless of the market launch (which sees an obvious boost before another dump). Maybe the launch will come full with games, movies, big content from big creators/companies? Could...
Arweave has a little bit more to go to reach the bottom - somewhere near 8 dollars. Would be a good time now to start buying a little bit here and there.
The GME marketplace cant save the entire market. My 3 scenarios for lrc depending on whether bitcoin on the monthly stays strong on 30k band. If it does not I expect a 75% retrace minimum (17k area). I will not sell to rebuy in lower but add in at each resistance down to my original buy in. Bitcoin at the 17k area would mean LRC would be near that last major...
Is a Crab taking us to 100% to mimic the previous trend line dip? Maybe May 5th isnt a launch date? Still long on LRC.
My plan remains the same from previous charts. - Keeping it basic without clutter - 15 or so indicators I use do point towards a bottom having already happened - still depends on the rest of the globe no matter what - no convoluted chart zoom ins If we break below for a bear market I expect 30 cents. If the market picks up I still expect LRC to go well beyond 4...
Continuing my LRC idea - waiting for more confirmations of trend movement, but It is starting to look good although a little underwhelmed at the response of the recent news. Volume needs to pick up considerably for us to break the next few upcoming areas, but with all the information coming in we really see it pushing sideways for months as an accumulation phase...
I stepped away for a bit and came back to my chart with some slightly different outlooks and ideas. Still think we will touch trend once more, and I dont think we will repeat history and drop below trend before resuming an uptrend. Some people are calling for 50 cents, we cant see that, but we do think the next month will be red-ish/sideways. Seems to me like...
Starting to long here with a final target of 28 dollars.
We still haven't come back to touch major trend yet. Everyone feels very bullish right now, but we Still have a strong possibility of rejection here.
For dumping 14 million imx tokens you recieved on apes/retail. You can see we broke down, broke up again and then we broke back down below but holding. The weekend will probably determine where we go. Clearly not enough interest to keep this afloat and I believe it's mostly due to Very negative social sentiment. Leads me to believe this will be dropping further...
Weekly still holding right now. Looking for good news to bump this up.... but we are still waiting on Bitcoin. It looks more and more like we are waiting for bitcoin to give the thumbs down for more pain.. or two thumbs down for max pain (Full bear market).
Looks like a new trend is beginning to form and will hold up for a while longer if we break here now. If not expect 58 cents to be the final bottom bounce point which is its long term trend line. We must hold that long term trend or we are 100% in a new, longterm, bear market and we could see LRC plummet another 75%.