Lrcusdt
Repeating some loops, Loopring?What seemed to be some slow growth with those loops up and down turns out be an admireable 3x upswing for LRC in one month. If the same pattern is repeated once more a great place to enter is at 0.7. Expected target with that pattern would be at 1 dollar. Remember, these patterns might subject to change without notice :)
Trade safe and take care
Cheers, Whoop
LRCUSDT (Waiting for the symmetric triangle breakout)LRCUSDT (4H CHART) Technical Analysis Update
Waiting for the Symmetric Triangle Breakout
LRC/USDT currently trading at $0.455
Buy-level: Above 0.48 (only buy after 4 h candle closes above 0.480
Stop loss: below $0.38
Resisace Level 1(Target 1) : $0.620
Resistance level 2(Target 2) : $0.850
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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LRCUSDT (LOOPRING) - UPTREND CONTINUATIONANALYSIS 🔎
- LRCUSDT brokeout above the symmetrical triangle(1) inclined resistance.
- LRCUSDT hit a new ATH and retraced.
- Price retested the flip horizontal support and 0.618 fibonacci retracement level.
- A bullish pin bar (hammer) was formed at the retest area.
- Price action is printing a symmetrical triangle(2) pattern.
- Breakout above symmetrical triangle(2) inclined resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Breakout above the symmetrical triangle(2) inclined resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension level 1.0.
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle(2) inclined support.
LRC Loopring Buy If Breaks Out 20210118LRC Buy If Breaks out
Signal: Red -> Green
Trend: Green
Trade close manually when: the above ribbons turns Yellow or better Red.
LRC LRCUSD LRCUSDT LRCUSDTP Loopring
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
LRC Ascending Triangle breakoutloopring cryptocurrency token
Ascending triangle pattern has very good risk and reward. ascending triangle breakout has really good success rate. just trade with cautions.and manage your risk
LRC cryptocurrency token breakout above the resistance zone
S/R flip above 0.46$
buy when price break above the 0.46$ on 4 hour