Lrcusdt
LRC - Descending Triangle - SELL SHORTLRC is strictly respecting the descending triangle movement which draws lower highs and support bounce, which is likely to break through to the support after it reaches a certain level.
I'm placing shorts every time it gets rejected from the triangle top side.
This is my 4th short position I open here.
Two. Four. Six.Now that channel on 1 hr was denied we could possibly go downward more to test 2.3 ma again. If interest wains we see 1.80 or less within the next week is starting to make a lot of sense. It would then get very hectic to get out if looping/gme was delayed. We would see 1 pretty quickly.
This could get ugly fast unless someone or something happens in the next day or two.
LRC/USDT LOOPRING CONTINUATION FOR THE BULLS!!!?????RC/USDT BYBIT LOOKING FOR CONTINUATION TO THE UPSIDE AND IS CURRENTLY IN A BULL FLAG ON THE 4 HOUR CHART!
PRICE HAS RETRACED SLIGHTLY AFTER TRYING TO BREAK OUT OF THE BULL FLAG YESTERDAY AND HAS HAD A BIT OF A COOL OFF!
I Believe Buyers will return and have shared with you my targets for a long set up on the chart!
Measuring the flag pole would take LRC/USDT to the fibbonachi 1.5 Extension, even though this is a target i would still take my first take profi at the 1:1, remember ladies and gents nothing in trading is a guarantee we have to lock in pr,ofits to be profitabe traders!! My Take profit 2 is at the 1.236, Then take profit 3 at the 1.618.
Using a stop loss below the local support makes this trade a good risk to reward ration.
Just thought i would share this with you if you have not yet discovered this set up!
ALT SEASON IS UPON US AND I BELIVE DECEMBER TO BE A MASSIVE RUN UP FOR A LOT OF ALT COINS AND I WILL BE SHARING MY IDEAS SO FEEL FREE TO GIVE US A FOLOW SO YOU DONT MISS OUT! ;)
HAPPY TRADING AND WISH YOU ALL THE BEST OF LUCK WITH YOUR EVERYDAY TRADING, LETS MAKE MONEY TOGETHER :)
LRCUSDT , We need more pullbackHello everybody
Whats up ? how is your last week ?
In here we have one the most powerful project in layer 2 of ethereum use Zk-rollup technology
The price break the downward trend line and had some pullback to it but we think its not enough and we need more pullback to the trendline and the price can come to our zone we shown on chart and support from their to the target that we shown it
Guys in zone at first take signal then take in position , signal like hammer , ascending cover , pattern price or ...
Dont forget use stop loss and observe money management
Good Luck
LRCUSD at a critical point• LRCUSD has been in a descending parallel channel since her ATH on 10 Nov'21.
• She seems to be in her last sub-peak of Correction Wave A.
• Unless there is a sustained break out of the parallel channel, then the above two assumptions could not be invalidated.
• LRCUSD has been behaving in a rather masochistic manner since her ATH. I was expecting a H&S instead of this prolonged pain. I suspect this is due to the hopium found in abundance in LRC's reddit threads.
• There is a chance that she will break out above the parallel channel, new hopium will be injected, and a new ATH may be established.
• However, there is a greater chance that this will not happen. *If she bounces off the topline back into the parallel channel*, then the hopium would persist, and LRCUSD will continue with her prolonged pain.
• *If she breaks below the parallel channel*, then the hopium would run out, and that would be the start of the end.
• This does not look good.
LRCUSDT - Channel Breakout!!LRCUSDT - Channel Breakout!!
LRCUSDT(2h chart) Technical analysis
LRCUSDT(2h chart) Currently trading at $2.76
Buy level : Above $2.8
Stop loss: Below $2.12
TP1: $3.26
TP2: $3.75
TP3: $4.2
TP4: $5
Max Leverage 3x
Always keep Stop loss
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LRCBTC LONG. Target: 14k sats 4H MACD crossover on the way. Moreover, fractal pattern indicates next move up.
Last bullish move: 1700 sats --> 5800 (x3.5)
If multiplier applies in next move up: 4100 sats (support) *3.5 ~ 14k sats target.
This would increase LRC in USDT value up ABOVE $10.
LRC does not follow classical crypto dumping patterns. GME investors are programmed to HODL. Dips are relatively small. Moreover, Grayscale is contemplating to invest in Loopring.
Include the NFT announcement that WILL take place in Q4. LRC is primed to make big big big moves. In addition, only 3 percent of the supply is left out of circulation. This will cause a large supply shock.
Everything indicates a very bullish setup.
LRC/USDT TRADE SETUPLRC is gearing up for another bullish move.
Place orders between $2.797 to $3.319
Stop Loss: $2.416
Targets:
$3.797
$4.415
$5.218
$6.132
$7.171
$8.204
We will accumulate this coin with a tight SL and low leverage.
Note: Do not use high leverage and accumulate the dip to average the entry. This is not financial advice. I have done my own research and trading at my own risk. So, do your own research before investing.