LRC
LRC Loopring Hello everyone!
Quick Analysis on LRC.
Wait for retrace on the 61.8 fib around 1850's, now there is a
chance that this could hold above the 1850's support level i would
keep an eye on volume. Once BTC has a nice RALLY i would expect
this coin to have a nice move up to retest the KEY resistance around
2900's-3100's.
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DISCLAIMER:!!!This is not to be considered financial advice is my personal opinion, always do your own research before entering or exiting trades as i will not be held liable for any of your trades!!!
LRCBTC ready for another 80%Loopring has had an amazing run up the last 2 weeks with a 100% increase from the bottom of 920 sats on 11/20. Does this coin have another leg up?
LRC continues to stay above the red 100 day MA on the hourlies during this leg up. Price range is staying within the channel that I have drawn.
So why do I think this coin has a little more steam left?
I believe it will make a move similar to BQX. Similar conditions are present with LRC.
1. Bithumb just announced that they will be opening deposits/withdrawals on their site for loopring.
2. There is a 4:1 price difference between the Bithumb price and Binance price. The current price on bithumb is .32 usd.
3. A long in the tooth rally with most traders thinking this leg has reached its end with 3 attempts at breaking above resistance failiing. Traders are ready to go short then experience a squeeze.
This is a pretty good arbitrage opportunity for any Korean trader to take advantage of that will keep this rally going. Coupled with the low cap and volume this coin might really pop once the deposits open. Obviously the arbitrage opportunity will be short since parity will be reached rather quickly after deposits are opened.
Please comment or hit the like button if you agree.
*all ideas are for my own record keeping.
$LRC - Long - everytime we have held support over 1150 sats we have visited R1 zone.
- tight stop loss on this one is currently locked in, already entered trade as marked by long calculator. if I wasnt i would be now anyway.
-NOTE: look at taking some profit at R1 zone in case this doesnt follow through and only wicks up. take the rest above.
- a close and hold above the yellow line (1300 sats) would indicate further upside and would then be targeting 1500 sats.
[LRCBTC][890% PP] Loopring Chart Analysis & TradeLoopring (LRC) Overview
With Loopring, traders have complete control of their crypto-assets. This means there is no need to go through the risky and bothersome process of depositing money to centralized/custodial exchanges.
Loopring (LRC) Chart Analysis by Alan Masters
Loopring is looking nicely bullish on the chart, and I believe it is about to move soon. Let’s take a look at some signals.
We have a high volume hammer and hitting an all time low of 0.00000920.
After this low was hit, green volume started to increase.
With a bullish RSI breaking above resistance.
The MACD is trending up but still on the bearish side. An early bullish crossover can be spotted.
Now trading above EMA10. Continue reading for trade instructions.
LRCBTC Trade instructions by Alan Masters
Buy in: Up to 0.0000130
Targets:
(1) 0.0000152
(2) 0.0000189
(3) 0.0000220
(4) 0.0000250
(5) 0.0000293
Note: More targets on chart.
Stop loss: Close weekly candle below 0.00000820.
Capital allocation: <10%.
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Namaste.
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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 53.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00039780 to 0.00031330). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00039780)
Ending of entry zone (0.00031330)
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= @ 0.00048360
TP2= @ 0.00053500
TP3= @ 0.00061610
TP4= @ 0.00080470
TP5= @ 0.00095660
TP6= @ 0.00110790
TP7= @ 0.00132430
TP8= @ 0.00159920
TP9= Free
Loopring (LRC) Looking Bullish (890% PP)Loopring (LRC) Chart Analysis by Alan Masters
Loopring is looking nicely bullish on the chart, and I believe it is about to move soon. Let's take a look at some signals.
We have a high volume hammer and hitting an all time low of 0.00000920.
After this low was hit, green volume started to increase.
With a bullish RSI breaking above resistance.
The MACD is trending up but still on the bearish side. An early bullish crossover can be spotted.
Now trading above EMA10.
Note: This is no trade advice. This information is shared for learning and entertainment purposes only.
Thanks a lot for reading.
Hit LIKE for more.
Namaste.
LRC heavy accumulationLRC has been under heavy accumulation for the past 2 months creating a nice rising wedge. After several tests the wedge has broken down to a great buy zone. This zone is a great area to buy at strong support. Target is top of wedge short term and yellow line from the swing high slowing the downtrend is mid term target.
LRC - buy, take profit..Hi, LRC is in accumulation zone, volume seems increasing, not much events (nothing?), but its about public signal in one, two signal groups and we will take profit..
Open target. In profit move your SL up, 10% so easy.. Dont sell loss..
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I'm not a professional trader, but amateur. I do not understand too many technical aspects (trying to learn), and I do not know much formations.
All my analyzes are purely like a hobby.
I share my thoughts here because I enjoy it.
I'm not responsible for your losses, thank you for your understanding.
My own ten (I'd like to follow, I'm working on it):
1. Follow the tenth
2. Patience
3. Modesty
4. No emotion
5. Do not get into the rocket (do not buy pumped)
6. Be on the launch of the rocket (buy dips)
7. Do not buy allin
8. Do not sell at loss - we are in very volatile markets (+/- 3x can get in 1h, often big dump/pump manipulation hit your SL and price is back), its about time - beware of point 5
9. At a big loss (eg -20%+) buy more (dip)
10. Do not forget to live a reality, enjoy it
If you want, for inspiration or profit ;)..
BTC 39jjWcxxpUY9Qb8HmMmoL9cmeyJ4ty4Xvv
ETH 0x8F43Fc43E2b7a9f415BF286469AA3F2b39810D7b
LTC MAUxLV1gm6UWPztYM1AtoFJUfgxt2MZwHV
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SPOTTED! $LRC Whale Is On The Silent Accumulation!Long term investment and playing trend is no doubt on LRC chart. It looks juicy how whale is actually accumulating without people's knowing that. Well, what if people know that you just ain't get the information. Hmmm interesting.
Loopring is ranked #70 on coinmarketcap.com with 1.375 billion of total supply and 789 millions are on the circulating.
Loopring is DEX that have quite nice interface and friendly use. But the think that i need to highlight is the color gain and correction. Both are green at the moment lol
So be careful..
DEX is not really relevant but DEX need to be prepared for future users gains and protect users from centralized exchange. I think even tho i'm not really interested using DEX recently, but they need to be supported, it's a long game.
Judging the fact that this chart is quite tempting for mid term game. I don't need to speak a lot. But beware of the RSI. Even the price action is so flat i don't why RSI is quite high. It means that even the pump might occur soon but it'll limited due to this factor. Well, let's see.
The most closer resistance for mid term game is 2794 sats. Will post the close look on the update for short term game.
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LRCBTCSeems legit, let's try to exploit it. Entry on pullback at 0.618 Fib level of last rise with somehow big stop loss, which can be adjusted, if things will go by plan.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Edit: I moved position 3 candles to the left, didn't pay attention before I published the idea.
LRC/BTC; 1H; Binance; 26.10. by @SupernovaElite. Potential 10%!Local rising trend, price rebounced
from MA 100,200 many times. Now
formed traingle pattern which was
broken but come back. There is volumes,
need consolidating near this lvls or
next breakthrough for confirmation.
Risk/Reward = 2,41
Do not forgrt about SL!
LRC Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Maximum Profit: Yellow Area
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
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