LRC/BTC Bullish Divergence ...possible strong short term bounceBullish divergence is forming on LRC/BTC on the daily.
Previous bull divs have resulted in very strong short term bounces. I would not consider this a long term hold, but rather a swing trade scalp.
This is a riskier trade because BTC is on a mini run right now to 8k. But LRC's price seems to be holding fairly steady.
2 short term profit targets outlined with the green lines.
LRC
LRCBTC 4H Resistance line found? I've found the resistance line on this chart, it's in white. The blue thick lines are the support lines.
If the resistance gets broken I can see a nice long opportunity for this one.
Also on the 2h chart I could see a descending triangle, if pattern breaks we can get 7% gain when it will bounce from the resistance line.
What do you think?
Loopring Trade Signal [LRCBTC](158%)Loopring might be done with its retrace and is starting to change course.
All the details are on the chart.
Below you can find the trade numbers.
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Pair: Loopring | LRCBTC
BUY: 0.00000360 - 0.00000390
TARGET:
1) 0.00000455
2) 0.00000555
3) 0.00000630
4) 0.00000720
5) 0.00000820
6) 0.00000880
7) 0.00000980
PROFITS POTENTIAL: 158%
(Buy calculated at 0.00000380)
STOP: Close weekly below 0.00000290.
__________________
Wishing you the best always.
Thanks for reading.
Namaste.
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THIS IS NOT FINANCIAL ADVICE.
Today`s ALT!!! LRCBTCBINANCE:LRCBTC
Exchange : Binance
Coin: LRCBTC
Buy Zone: 0.00000415 ~ 0.000004
Target Point: 0.00000435 / 0.00000445/ 0.00000488/ 0.00000518/ 0.0000054
S/L: 0.0000038
Risk: MIDDLE - HIGH
Term: Long
It`s making Cup Handle of Cup
The Volume is almost down, so it`ll be completed to make Cup Handle
Then, it`ll start pumping !!
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Today`s ALT is that information is raised regardless of the Coin market situation
So sometimes there`s a high risk trading
Investment is your responsibility.
I'm just providing about coin`s information
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Loopring High Volume Inverted Hammer (Weekly & Daily)Loopring (LRCBTC) just printed a high volume inverted hammer which is visible on the daily and weekly time frames.
Daily:
Weekly (needs weekly candle close for confirmation):
Here is the long-term chart with long-term targets:
We can also notice the RSI oversold.
Bullish divergence on the MACD.
These signals indicate that LRCBTC can start moving up from this point forward...
So keep an eye out on this one.
Feel free to follow, comment or hit like to show your support.
Thanks a lot for reading.
Namaste.
$LRC Testing resistance level at ~550sats with increasing volumeAlts market is moving up & now is just catching the ones that are moving slower than the rest...
$LRC Testing resistance level at ~550sats with increasing volume
UCTS Buy signal on the 6h
If manages to cross over it and flip it, then we can aim for ~680sats lvl (20%)
#LRC
[LRCBTC](238%) Second Chance At Loopring @alanmastersLet's give Loopring (LRCBTC) a second chance, we get a lower buy-in now after our stop hit, so we get more tokens and higher profits potential.
On the chart we have:
Break above EMA10.
4 Bullish candles in a row.
Bullish MACD and RSI.
Increasing volume.
New low just hit.
-------------------
Trade: Loopring (LRCBTC)
BUY: 0.00000820 – 0.00000950
NEXT SUPPORT: 0.00000770
TARGETS:
(1) 0.00001260
(2) 0.00001620
(3) 0.00001880
(4) 0.00002220
(5) 0.00002570
(6) 0.00002780
(7) 0.00003150
STOP: Close weekly candle below 0.00000670.
-------------------
Thanks a lot for reading.
Feel free to hit like to show your support.
This is not financial advice.
Namaste.
[LRCBTC](266%) Loopring Trade Signal @alanmastersLet's give Loopring (LRCBTC) a second chance, we get a lower buy-in now after our stop hit, so we get more tokens and higher profits potential.
On the chart we have:
Break above EMA10.
4 Bullish candles in a row.
Bullish MACD and RSI.
Increasing volume.
New low just hit.
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PAIR: Loopring (LRCBTC)
BUY: 0.00000820 – 0.00000880
NEXT SUPPORT: 0.00000770
TARGETS:
(0) 0.00001040
(1) 0.00001260
(2) 0.00001620
(3) 0.00001880
(4) 0.00002220
(5) 0.00002570
(6) 0.00002780
(7) 0.00003150
PROFITS POTENTIAL: 266%
(Buy calculated at 0.00000860)
STOP: Close weekly candle below 0.00000670.
-------
Thanks a lot for reading.
Feel free to hit like to show your support.
This is not financial advice.
Namaste.
LRC : Upto 125% Profits for the Mid Term RSI : 37.5
Volume : Showing a good increment.
Note : Falling wedge broke out by the past 3 days and at least a 3 wave uptrend is expected.
Accumulation Area : 810 sats - 830 sats
Distribution Area :
Target 1 : 898 sats
Target 2 : 962 sats
Target 3 : 1040 sats
Mid to Long Term Targets
Target 4 : 1040 sats
Target 5 : 1170 sats
Target 6 : 1263 sats
Target 7 : 1349 sats
Target 8 : 1444 sats
Target 9 : 1625 sats
Target 10 : 1882 sats
Stop Loss : 736 sats for short term traders and 670 sats for long term traders.
Note : The first 3 Targets are for short term traders and others for #Hodlers who are willing hold LRC for the duration between mid to long term investing opportunity.
Risk : 15%
Capital Allocation : Upto 6%
There is a possibility for the beginning of an uptrend in LRCETHTechnical analysis:
. Loopring/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00034500 to 0.00031700). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00034500)
Ending of entry zone (0.00031700)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00040800
TP2= @ 0.00045800
TP3= @ 0.00049600
TP4= @ 0.00061000
TP5= @ 0.00081000
TP6= @ 0.00100000
TP7= @ 0.00115000
TP8= Free
There is a possibility for the beginning of an uptrend in LRCETHTechnical analysis:
. Loopring/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00034500 to 0.00031700). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00034500)
Ending of entry zone (0.00031700)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00040800
TP2= @ 0.00045800
TP3= @ 0.00049600
TP4= @ 0.00061000
TP5= @ 0.00081000
TP6= @ 0.00100000
TP7= @ 0.00115000
TP8= Free