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Lrcusdt

LRCUSD Update - Time to say goodbye• I know that there are people from the Loopring Reddit who are reading my analyses, and this analysis is dedicated to them. • With more data points, the descending parallel channel can now be better drawn. LRCUSD has not left the channel yet. • Note that channel lines have measuring implications. Once a breakout occurs from an existing price channel, prices usually travel a distance equal to the width of the channel. • *If* this is indeed an ABC correction, and the sub-waves add strength to this hypothesis, then breaking down below the parallel channel to the vicinity of $1.2 (depending on where the parallel channel is broken). This seems positioned to lead LRCUSD to a devastating H&S pattern. • *However*, if this is not an ABC correction, and LRCUSD does indeed break out above the parallel channel, then even if she were to break out now, she will not re-establish a price above the previous ATH from this breakout alone. • Even if LRCUSD breaks out to the upside, if she does not pump beyond her previous ATH and enter price discovery quickly, momentum will be lost and hopium will fade. • If LRCUSD breaks out to the downside, then the dump will be ugly indeed. • For long-term trading, LRCUSD no longer possesses even reasonable profit potential. • For short-term traders, you may wish to short LRCUSD.
COINBASE:LRCUSDShort
by AlphaBravoCharlie77
54
LRC/USDT 4 HOUR UPDATE Welcome to this quick Update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures . I have tried my best to bring the best possible outcome in this chart . LRC/USDT is making bullish flag pattern . Entry: CMP Targets: 50% to 70% Stop Loss: $2.37 What's your thought on this? Do hit the like button if you like this update and share your views in the comment section. Thank you #PEACE
Long
by CRYPTOMOJO_TA
2
LRCUSDT , Exactly move to 2nd target , did you got ?Helloooo guysss Whats up ? Did you got this amazing profit from the market or not ?? Loopring is one of the most powerful project that it work on layer 2 but it is optimistic , Do you know what i want to say ???? :D According to last analysis we told and shown on chart that the price was broken the trendline and we need more pullback to the trend zone then we can be ready to go up until the new target reach . Now exactly this movement was happen and the price touch the 2nd target and we have powerful momentum for the rising price , we shoud have pullback to recover power , if the recovery price take long time the movement and the route should update guys , until now you have this analysis if any change happen we try to update chart for everybody . Previous analysis : Dont forget use stop loss and attention to money management Good Luck Abtin
Long
by Abtin00
3