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Lrcusdt

LRC is Setting Up BIG!Loopring (LRC) is presenting an excellent opportunity with a confluence of technical factors aligning at the old high demand zone. This area holds significant importance as it combines the strength of a multi-tap demand zone with a Fibonacci retracement level, enhancing its reliability for a potential bounce. Why the Old High Demand Zone is Key 3-Tap Test: The price has tapped into this demand zone multiple times, signaling its strength as a support level. Each tap reinforces the zone, indicating buyer interest and the likelihood of a reversal from this level. Historical Significance: This zone corresponds to a previous high where LRC established strong momentum. Retesting old highs as support is a common bullish continuation pattern, suggesting this area is crucial for price stability. Fibonacci Confluence: The demand zone aligns perfectly with a key Fibonacci retracement level (e.g., 0.618 or 0.786). Fibonacci levels are widely respected in the market, making this zone even more attractive for an entry. Why This Setup Stands Out High-Probability Reversal: The confluence of factors increases the likelihood of a strong bounce, making it an ideal point to join the trend. Low Risk, High Reward: Entering near this zone offers a tighter stop-loss and greater upside potential if the price rebounds. Market Structure Support: The demand zone holds significance in maintaining the bullish structure of LRC. How to Approach This Trade Spot Buy at the Demand Zone: Place buy orders within the old high demand zone, ensuring you're positioned at this critical level. Watch for Confirmation: Look for bullish price action, such as candlestick patterns (e.g., hammer or engulfing candles) or increasing volume near the zone. Set a Stop-Loss: Place a stop-loss slightly below the demand zone to protect against invalidation. Hold for a Fibonacci Extension: If the price bounces, aim for higher Fibonacci extension levels as potential targets. I keep my charts clean and simple because I believe clarity leads to better decisions. Trading doesn’t have to be overly complicated, and I enjoy sharing setups that have worked well for me. My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups. It’s all about learning and growing together as traders, and I’m here to share what I see. The markets can confirm what the charts whisper if we’re paying attention. I hope these levels help you as much as they’ve helped me in the past. Let’s see how this plays out! Tip of The Iceberg 🐶 DOGEUSDT.P: Next Move 🎨 RENDERUSDT.P: Opportunity of the Month 💎 ETHUSDT.P: Where to Retrace 🟢 BNBUSDT.P: Potential Surge 📊 BTC Dominance: Reaction Zone 🌊 WAVESUSDT.P: Demand Zone Potential 🟣 UNIUSDT.P: Long-Term Trade 🔵 XRPUSDT.P: Entry Zones 🔗 LINKUSDT.P: Follow The River 📈 BTCUSDT.P: Two Key Demand Zones 🟩 POLUSDT: Bullish Momentum
Long
by XU99
1
LRC buy/long setup (4H)From where we placed the green arrow on the chart, we have a bullish pattern on the chart. This pattern is diametric or triangular. In both scenarios, the price can move from the green range to the red box. The targets are marked on the chart. Closing a daily candle below the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
LRC/USDT Main Trend 08/17/2024Main trend (the most visible part). Logarithm. Time frame 1 week. Loopring is an open protocol for building decentralized exchanges. The price is in the capitulation zone in a local descending wedge, after breaking the long-term horizontal channel. The percentages are shown from the key zones for clarity. The chart also shows the dynamic support/resistance zones of the Gann fan (bullish and bearish). It is worth noting that the price is at a significant profit of crypto funds 4-26X, but most of the volume has already been redistributed. Linear for clarity of the trend. Secondary trend
Long
by SpartaBTC
2
The last bullish chance of LRC in Mid term !Hi. COINBASE:LRCUSDT LRC is in a Bullish phase by Ascending Triangle & Cup & Handle. - You can look for reasons to enter according to your own personal strategy after approval. ❗ Note that if the Triangle is broken down with the power of descending candles, our analysis will fail. Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
2
LRC LOOKS BULLISHThis analysis is an update of the analysis that you can see at the bottom of this page, in the related analysis section LRC Diametric seems to be complete. By maintaining the green range, it can move towards the targets. Closing a candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
4
The last bullish chance of LRC in Mid term!Hi. COINEX:LRCUSDT 😊Today, I want to analyze LRC for you in a WEEKLY time frame so that we can have a Mid-term view of LRC regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). ➡️As you can see, LRC is completed this pattern, and if it follows this pattern Price can grow a lot. ✅ Due to the Ascending structure of the chart... - High potential areas are clear in the chart. -LRC has been Bullish Recently! -The odds of another Bullish Movement is High! -Bullish Pattern is Visible on The chart! -AB=CD Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
1
Will the descending wedge on LRC give +50% in the future?Hello everyone! Haven't heard from me in a while? 😁 Today, I suggest taking a closer look at Loopring #LRC. On the chart, a descending wedge pattern of technical analysis is forming. I think the asset is finding its bottom around the 0.236 Fibonacci level, and after that, it will break through the descending trend line of this pattern. Potentially, you can gain +50% profit by entering at the bottom. If entering after the breakout of the descending trend line, it depends on the circumstances, but in any case, the profit will be at least 40%. This is not financial advice; everything you do is at your own risk!
Long
by neverovv
LRCUSD 1W LONG📈Hi all. Loopring is a protocol for building decentralized exchanges. It is an open protocol that allows developers to incorporate exchange functionality into decentralized applications (dApps). Loopring operates on the Ethereum and Qtum blockchains, and also plans to expand to NEO. It provides higher liquidity and improved pricing by matching orders in the form of order rings and combines off-chain order splitting with on-chain settlement. Loopring also offers high-performance non-custodial products such as the Loopring Wallet and Loopring L2 Web App. Timeframe 1 week. LRCUSD is in a descending channel and has approached important support. Fractal repetition of growth is possible. There is a high probability of further decline to the 0.1719 zone. Therefore, the safest entry would be at a breakout/retest of the channel. It is also possible to spot with additional gains and trade in the channel itself. Marked goals and levels on the chart.
BINANCE:LRCUSDLong
by KvazarBTC
3
LRC/USDT upward momentum from demand? 👀🚀LRC Analysis💎 Paradisers, focus on #LRCUSDT, which is hinting at an upward trajectory, though it might experience a retracement before continuing its bullish journey from Order Block at demand zone. 💎 #Loopring is currently on an upward curve, poised for a bullish breakout from its established demand level. Should #LRC successfully hold above the $0.2469 level, we're looking at a potential advance towards the key supply zone at $0.4082. 💎 However, if #LRC faces challenges in maintaining its momentum above the $0.2469 demand level, a recalibration of our trading strategy could be in order. In this situation, we would shift our focus to a possible bullish movement from a lower demand level at $0.2075. 💎 Monitoring this level is essential, as a breach below it would signal the need for a strategic realignment, potentially pointing to difficulties in sustaining a bullish trend in the #LRC market.
Long
by MyCryptoParadise
LRC/USDT A Window for Upward Momentum? 👀 🚀 LRC Today analysis💎 Attention Paradisers, LRCUSDT is showing signs of a potential breakout after facing resistance, hinting at a heightened likelihood of an upward trajectory. 💎 Our analysis has tracked Loopring journey as it gracefully exited a descending triangle pattern, signaling a bullish intent. Although it has recently been rebuffed at the resistance level of .2365, the prospects of it piercing through this barrier by leveraging the .2053 level remain strong. 💎 Conversely, should LRC falter in its attempt to overcome resistance, we anticipate a bullish resurgence from the demand level of .1788. However, a descent below this critical demand level could precipitate a notable bearish downturn. Stay alert and strategic as the market unfolds.
Long
by MyCryptoParadise_Simon
LRC/USDT Gearing for Next Bull Run? 👀🚀LRC Analysis💎 Paradisers, focus your attention on #LRCUSDT, as it's currently showcasing significant market trends. The asset is indicating a strong likelihood of a bullish shift from its current demand zone. 💎 An in-depth analysis of #Loopring's recent market patterns shows a clear downward trend. Having encountered resistance at $0.358 and experienced a pullback, LRC is now setting up for a potential bullish rise from the demand zone at $0.266. If LRC can sustain above this level, it could aim for the next major supply target at $0.452. 💎 However, given the unpredictable nature of the crypto market, #LRC traders need to be prepared for a variety of outcomes. Should LRC find it difficult to maintain its momentum at this demand level, it might be wise to prepare for a bullish rebound from a lower support level at $0.216. 💎 A drop below this support level would necessitate a reevaluation of trading strategies, possibly indicating challenges in sustaining a bullish market trend. 💎 Stay vigilant and adaptable, Paradisers. Your ParadiseTeam is committed to providing you with the latest insights and strategies, ensuring you're well-equipped to navigate these market shifts.
Long
by MyCryptoParadise_Simon