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Lrcusdt

LRC: Pullback in UptrendLoopring (LRC) technical analysis: Trade setup: Following a bullish breakout from Falling Wedge pattern, price reached our target $0.50 where it got rejected. Pullback near $0.30 support and 200-day moving average could be a swing entry. Momentum is inflecting bullish again (MACD Histogram rising). Trend: Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis. Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance: Nearest Support Zone is $0.30, then $0.20. The nearest Resistance Zone is $0.40, then $0.50.
Long
by altFINS
LRCUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for LRCUSDT In the current chart, R3 used to a support area. R1 is the resistance area which contains the unsuccessful attempts of price to rise. S1 used to be a resistance line. And S2 is our support line at the bottom with its well support of price at several points. Presently, the price was able to have a noticeable rise and touch S1 and then by having a falling trend, it could break S1 upward and now it is fluctuating over it. We will predict the price to give us some rising signs and an increase is waiting for it to touch R1 besides the activation of the long position of our chart. Or even by not being supported, more fall would take place for the price downward to lower amounts. We recommend you to have every piece of information and idea via our analyses for receiving more profitable trades. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
2
LRC: Approaching ResistanceLoopring (LRC) technical analysis: Trade setup : Bullish breakout from Falling Wedge pattern, was confirmed with a break above $0.30 key level to indicate bullish trend reversal. Price broke above $0.40 resistance to resume uptrend and reached our target $0.50. Now we wait for price to either 1) break above $0.50 to resume uptrend, or 2) pull back near $0.40 support for a swing entry in uptrend. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $0.40 (previous resistance), then $0.30. The nearest Resistance Zone is $0.50.
Long
by altFINS
1
Keep Your Eyes on LRC (Short with tight stop or Long at BO)Attention traders! It's time to buckle up, because LRC is facing some serious rejection at a major resistance level on the 4-hour timeframe. But don't be intimidated by this wall of resistance, because we're not backing down. We're going to wait for the breakout before opening any long positions, or you can even consider shorting with a tight stop loss above this resistance. Remember, guys, risk management is key to success in the markets, so keep your cool and stay focused. Get ready for some wild times ahead with LRC!
by FortuneAI
Loopring LRC/USDTesting/Tracking Elliot waves. Please do not trade off idea without stop loss. This one is for all the GME fans. I know that some of yall aren't invested in crypto, but because this coin is related to GME, you might invest. If you're already invested in LRC or will be looking to buy some then the data here should be valuable for you. On this chart it shows us that we've already gone through a -95% drop. This is normal in the crypto world. Most altcoins will go through a period where they drop -90-98%. With that being said -95% is already high up there so there's a possibility we may go a bit lower down, but that's a very small amount compared to the possible upside. If you hoover over to the today's price R/R you can see that from here you have a R/R ratio of 31.6 with the stop loss being underneath the Z wave drop. The Z wave drop is around a -97% drop from ATH. R/R ratio from today's price: 31.6 Possible upside: 1915% Possible downside: -60% R/R ratio from Z wave: 656 Possible upside: 4975% Possible downside: none. Personally I will not use a stop loss at all on either one. I would dollar cost average into both and if there's a slightest possibility for another drop from Z wave then I would buy more too. Do not go all in, especially if you're using leverage, a -60% drop is still big. Better to play it safe than sorry. If you go all in and you can't buy more when Z wave hits, you're out of luck. From the Z wave I would consider adding a lot more (if we ever get it). This is not financial advice. Chart timeframe is on the weekly. Expected timeline for this to play out is roughly within 2 years for the wave 3 top.
by AyoKu
4
✴️ Loopring | Many Reversal SignalsThere are many signals supporting a reversal/change of trend on the Loopring chart. LRCUSDT. Let's spend a few minutes of our time looking at some of those. #1 - LRCUSDT has gone to new lows and then dove a bit lower, this is good for bottom fishers. #2 - A very strong shakeout can be seen on the chart. Shakeouts can be indicative of upcoming change. #3 - The August downtrend has been broken. #4 - The Cup pattern we see very often, always at support and many times signals a low being set. #5 - The increase in trading volume happened in November, recently buy volume is predominant on this chart. #6 - The RSI is super strong at low levels, signaling that the trend can change soon. #7 - Loopring is trading above EMA50 and EMA100, not possible to be bearish above these levels. A change of trend is a major development. A change of trend can lead to years of growth. In the worst case scenario, these signals can lead to multiple months of a bullish wave/relief rally... Good in any case. Namaste.
Long
by AlanSantana
2
LRCUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for LRCUSDT In the current chart you observe R2 and R1 on the top as the resistance areas that express the price was not able to rise at some points. S1 used to be another resistance line and S2 is a support line which includes the well support of price. Presently, we have the fluctuation of price in R1 area and we expect two options to happen here. Either the price provides us some rising sings and through these confirmation candles, a rise is predicted for the price to reach R2 area. Or we will have some falling signs there and it means that the price loses the support and starts a falling trend down to S2 or lower. Please remember to activate your stop-loss points due to the unstable situation of market. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
6
#LRC/USDT PARALLEL BREAKOUT AND RETEST READY TO PUMP 1200%Welcome to this quick LRC/USDT analysis. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis. SPOT CALL Hold it for a long time to come, it can give good profit, as BTC will pump, all the calls will give you good profit and most important stop loss Entry:- CMP $0.2400 Stoploss:- $0.2400 Target:- $0.4000, $0.5000, $0.6750, $0.9780, $1.31, $1.66, $2,$2.67, $3.77 Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native language. Hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563
1