LRC
There is a possibility for the beginning of an uptrend in LRCBTCTechnical analysis:
. LOOPRING/BITCOIN 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 57.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001540 to 0.00001270). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001540)
Ending of entry zone (0.00001270)
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= @ 0.00002310
TP2= @ 0.00002760
TP3= @ 0.00003640
TP4= @ 0.00004360
TP5= @ 0.00005110
TP6= @ 0.00006290
TP7= @ 0.00007480
TP8= @ 0.00009160
TP9= @ 0.00011320
TP10= @ 0.00015400
TP11= Free
There is a possibility for the beginning of an uptrend in LRCBTCTechnical analysis:
. LOOPRING/BITCOIN 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 57.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001540 to 0.00001270). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001540)
Ending of entry zone (0.00001270)
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= @ 0.00002310
TP2= @ 0.00002760
TP3= @ 0.00003640
TP4= @ 0.00004360
TP5= @ 0.00005110
TP6= @ 0.00006290
TP7= @ 0.00007480
TP8= @ 0.00009160
TP9= @ 0.00011320
TP10= @ 0.00015400
TP11= Free
A trading opportunity to buy 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.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00044300 to 0.00038850). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00044300)
Ending of entry zone (0.00038850)
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= @ 0.00056080
TP2= @ 0.00063120
TP3= @ 0.00081630
TP4= @ 0.00096570
TP5= @ 0.00111550
TP6= @ 0.00132780
TP7= @ 0.00159920
TP8= Free
A trading opportunity to buy 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.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00044300 to 0.00038850). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00044300)
Ending of entry zone (0.00038850)
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= @ 0.00056080
TP2= @ 0.00063120
TP3= @ 0.00081630
TP4= @ 0.00096570
TP5= @ 0.00111550
TP6= @ 0.00132780
TP7= @ 0.00159920
TP8= Free
LRC Trading AdviceBuy Price: Yellow Line
TP: Green Lines
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!
Thanks for visiting.
[LRC/BTC] VERY GOOD RISK/REWARD ON LOOPRING [ 400% POTENTIAL ]#LRC / BTC 0.40% ( Binance )
Buy Range : 1500
Stop Loss : Below 1266 ( Optional )
Short-term - > 2185
Target 1 : 3495
Target 2 : 5350
Target 3 : 6700
STOCH RSI CHART :
If we look into STOCH RSI Chart, we can see how has backed to support after recent movement on April. Now , its trying to go up suggesting some movements on the price.
ON BALANCE VOLUME :
Weekly chart reveals reversal movement which started on early September, this price action could be suggesting back and touch the trendline as did on April
MACD/T3-CCI/RSI :
They still inside of negative territory but are sharing better perfomance on the last weeks and it could be positive soon
VOLUME :
Still weak but having its having positive action on the last two weeks
TD SEQUENTIAL:
We have a 9 on the weekly chart which could boost the prices according to momentum. If we look a green two after this green one we could be talking of bullish reversal. Anyway, this price is very good to buy and wait for our targets
LRC Long Technicals + Event-DrivenAll time lows on LRC pending reversal and Airdrop upcoming next week.
Its Time To Buy LoopringAccording to the Fibonacci Time Zone indicator, today Loopring enters the new cycle, which does indicate that it cold be the time to act now. Price has tested the low at $0.11, where it has rejected the upper trendline of the descending channel.
All-in-all the trend is bearing and it is hard to argue with that. But it could be the very bottom and the end of the decline. If that is the case, LRC/USD is expected to grow exponentially, with the first target at $1, that is x10 gain.
But if the $1 psychological resistance is broken, then next target is at $3 area, that is the previous all-time high. Break above the $3, should send price up to the next psychological resistance area, near $10.
The buying opportunity seems to present itself, and it could be the low risk trade with a x100 profit opportunity in the medium term.
LRCBTC long term growth is expectedDirectional movement indicator shows low price fluctuations and a gradual rise according to MACD, Stoch RSI and Ichimoku clouds. Moreover at the long term timeframes the price is going to form bullish Gartley butterfly pattern. If this happens the price will break out from descending triangle and will consolidate for the further long term growth.
Long $1k to $100k Challenge - Day 4 Trade #5 - LRCHello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by the end of the year by day trading altcoins.
I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile.
Trades this far:
Day 1 BTS: +5% profit
Day 2 VIA: +5% profit
Day 2 ADA: Adjusted my stop and it was hit. Dead trade slight profit less than 1%
Day 3: EDO: pending
I will show a complete trade breakdown on the next post.
Alright, here we go with Day 4 trade #5
I invested 0.0855047 B in LRC bought 1871 @ 4570 satoshi
Sell target is: 4799 for 5% profit
Stop loss: 4342
Your comments, agrees and disagrees are always welcome and appreciated.
Thanks for stopping by and have a great day!
There is a possibility for the beginning of uptrend in LRCBTC Technical analysis:
. LOOPRING/BITCOIN is in a downtrend and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
Trading suggestion:
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.000050 to 0.000043). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000050)
Ending of entry zone (0.000043)
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 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= @ 0.000061
TP2= @ 0.000072
TP3= @ 0.000079
TP4= @ 0.000093
TP5= @ 0.000108
TP6= @ 0.000154
TP7= Free
There is a possibility for the beginning of uptrend in LRCBTCTechnical analysis:
. LOOPRING/BITCOIN is in a downtrend and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
Trading suggestion:
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.000050 to 0.000043). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000050)
Ending of entry zone (0.000043)
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 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= @ 0.000061
TP2= @ 0.000072
TP3= @ 0.000079
TP4= @ 0.000093
TP5= @ 0.000108
TP6= @ 0.000154
TP7= Free
LRC: possible retrace soon?LRC is sitting in a strong support zone at the moment. It is also in the golden pocket between the .618 and .786 FIBs from the previous run up. If it breaks out of the ascending triangle and clearly above the upper red line, this may signal a reversal. ALSO, they are airdropping $LRN beginning July 5th. If a major exchange announces support, this could rocket price IMO.
LRC: Moving within triangle, bouncing off strong supportHello hello! Please take a moment to read the description on my profile. Ensenada, Mexico needs our help! Anywho, LRC appears to be possibly bouncing off a strong support here and moving within a very slightly descending channel. I see it as a fairly easy 8-10% trading within the triangle and below/at the 200 day EMA. This support line had strong bounces all the way back in January and February. Coincidentally, It happens to land on the .618 FIB of the most recent run up and retrace, and lands in the golden pocket (between .618 and .768 of the all time high and low.) Could see some very health gains if it breaks out above the descending blue resistance line. In addition, they will be airdropping $LRN token to all $LRC holders on July 5th.
Loopring vs Bitcoin May Shoot Up AnytimeRecently Loopring found the support at 61.8% Fibonacci retracement level, that is 6500 satoshis. Along with the Fibs support, the 4/1 Gann Fan trendline has also been rejected suggesting the continuation of the uptrend.
The consolidation now has taken almost two week, but price still failed to break below the support level. It seems that LRC/BTC is ready to rapidly start moving upwards, while the consolidation comes to an end.
Strong resistance is seen at 14300 satoshis, that is confirmed by 23.6% Fibonacci retracement level. This is a key resistance for Loopring, and if it manages to break above, further growth should be expected.
LRC could go down, but in this case, daily break and close below 6k satoshis is required. Then price could decline towards the uptrend trendline or even down to 4k satoshis support.