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Loopring

Investigating GME (I am super excited)I AM NOT A FINANCIAL ADVISOR. I passed the Series 6, but failed the SIE before I could take Series 63 hahahaha. ************** Following current market cycles we seem to be having ourselves a bit of a melt up even with everything going on. We have also a lot of incoming news, rotation into beat up stocks, and a lot of hype built up on meme stocks. Could this be it? To start, volume is finally picking up! Fees to borrow are crazy high and short #s are posted higher than usual. We are above the 200 Daily and Weekly averages. We are about to have a bullish MACD cross on the weekly. The fibs look setup for some bouncy movement. The list can go on and on... Based off my gut , I am speculating that GME can fill the $290 range gap within the next few weeks. Although I think it is reasonable to assume a dip to test the lows is in order, I have been wrong in the past. Weekly MACD crosses usually have a dip for confirmation before continuing upwards. Therefore I am posting 3 possible scenarios I imagine the price action is headed. Scenario 1 assumes rapid upside to fill gap with very minimal dips or consolidation. This would be wild! Scenario 2 assumes a little dip and a little consolidation before push up towards filling the gap. I see this being the most realistic scenario given we could use a few days of consolidation and possible a dip as the market cools off from recent price action. Hoping this happens soon! Scenario 3 assumes downside to at or around $58, which would scare out a lot of people and then gradual upside to fill gap with very minimal dips or consolidation. This scenario is a worst case scenario, and I imagine would only happen if the market has a fast sell off from recent highs dragging everything down. Wherever the price goes from there idk yet! So we wait :) ************* Please careful with any short term plays, you don't wanna be getting too caught up in premium with options especially if we drop. Also some additional wisdom is that sometimes its safest and smartest to hedge your positions just in case you don't get the timing right. Not financial advice as always. Please feel free to donate some BTC or ETH as always. BTC Address: 1HrvESU1Kin56C9y12jvhTCfmy7euj5HKc ETH Address: (ERC 20) 0x3154ed34fcfd6e54f1747c7f78b2397134fbb17c
NYSE:GME
by jcjurevis
3
A continuation of my ideaContinuing 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 begins. To reiterate what we said in our previous posts - we are still looking to remain under 2 dollars until August. People say TA doesn't work but that's only because they don't understand what they're doing. It is achievable for the regular person to turn 5k into 100k with, of course, some ups and downs. This chart here is a very basic look dumbed down to show a new person what they're looking at and to give me clarity when I come back to look at it like speaking ideas out loud. TA is much more involved and complicated than just this chart with 3 indicators. It took me 4 years to really understand and get my emotions under check.
Long
by Bobron
6
LRC LoopRing breakout but don't chaseLittle bit of an accountability video from me. I believe I posted here yesterday, my elliot wave prediction for LRC. I was wrong. It broke straight through my upper negative resistance trend and has now hit it R2(..? 🤯) weekly pivot. I'm still going to be posting this in a short position for LRC, because I do still believe that we are going to see a descending triangle breakout. In this video I also share about how important it is to locate, chart, and follow your positive and negative trend/channel convergences. Watch till the end to get a little advice on using the strength index. PATTERNS , baby.
Short
by FutureAmericanExpat
Loopring x Gamestop!The Loopring x Gamestop announcement is finally here and official. - link to tweet: twitter.com - link to GameStop Marketplace Beta: nft.gamestop.com Macro: Loopring continues an overall large uptrend when looking at weekly candles. With a market cap of ≈ $1.3 Billion, Loopring has a lot of room for big gains. Short Term Chart: Loopring has been rejected twice by its 200 day moving average in the past 2 months. Correlating with Gamestop's pump, Loopring has shot up (to its recent top) over 80%. As long as GME & BTC stay in good shape (which they both are!) - I think we can see LRC push past the 200D to higher evaluations.
COINBASE:LRCUSDLong
by mascher7675
1
LOOPRING (LRCUSDT) MID to Daily tf Range Updated till 23-3-22LOOPRING (LRCUSDT) midtier to Daily timeframe range. if you look at the hyper aggressive pump from November 2021. you can be sure about that its a high risk and reward alt without any doubt. from its top to bottom its provided some reasonable swing positions. the dump from its top was not as aggressive as the pump which is a surprise and it tells why those swing positions are reasonable here. its pretty straight forward chart here. from very basic rules of TA if one can utilize its range could end up in profit from both sides.
by cryptoforever1
LRCUSD heating up! $8.00 on sight!Loopring (LRCUSD) has seen the strongest rise of the top 100 market cap coins in the past 24hours and is currently testing not only the 1D MA100 (green trend-line), which has been intact since January 08, but also the horizontal Resistance that is holding since January 20. I've posted the very same LRC chart about two months ago and seems to be coming to fruition: The last time a similar Resistance level was tested, was during the previous Accumulation Phase of November - December 2020. Once the Resistance broke (accompanied by a 1D MA50/100 Bullish Cross), LRCUSD had a very aggressive two-day rally and entered a strong 1.5 month bullish stretch. Even the 1D RSI sequences of today and then seem fairly similar. Technically, if the price breaks those two Resistance levels, and since LRC has been trading within a Fibonacci Channel since early 2020 that has been making each High on the higher Fibonacci extension level, then the natural long-term target would be the 2.5 Fib ext. However we often see a tendency to face Resistance on the previous Higher Highs trend-line and that currently is the Fib 2.0 ext. We thus view the $8.00 - $10.00 range as a realistic long-term target zone. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
BINANCE:LRCUSDLong
by TradingShot
7