$LRC$LRC : Looks like a typical example for - Bouncing ball Pattern
It has bounced down from Previous ATH (since then) - to current level forming different heights (ATL's).
$Loopring looks like a pretty decent buy as shown after further dropping 5 to 10% from now.
The chart becomes extremely Bearish if it moves and breaks down the green zone.
The chart becomes extremely Bullish if it gets high Volume over MA., & starts towards an Uptrend breaking all Resistance zones., as it has done previously the same as indicated using a Yellow circle.
($GME - announcement might be the exact triggering point)
Lrcusdt
LRC/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Link to previous chart:
We went further down than the predicted yellow line and way deep into the price territory of wave (1). It seems that LRC has bottomed out and we should be accumulating here for a bit. The white line might play out and be similar to the previous accumulation period. The time will be a lot less imo as there is much more hype around the coin this time.
LRC I stepped away for a bit and came back to my chart with some slightly different outlooks and ideas.
Still think we will touch trend once more, and I dont think we will repeat history and drop below trend before resuming an uptrend. Some people are calling for 50 cents, we cant see that, but we do think the next month will be red-ish/sideways.
Seems to me like august will be the area to resume a bull trend and until then we slowly creep upwards under 2 dollars..
LRCUSD D1: 500%+ gains THE BEST Level to BUY/HOLD (UPDATED)Why get subbed to me on Tradingview?
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LRCUSD D1: 500%+ gains THE BEST Level to BUY/HOLD (UPDATED)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
IMP NOTE2: Conditional setup, make sure
BTCUSD maintains > 25 000 USD before BUYING LOW.
🔸 Summary and potential trade setup
::: LRCUSD D1 chart review
::: chart looks good /strong
::: setup still valid as of right now
::: great progress / on the way to cycle lows
::: noteworthy compression in progress
::: expecting one final pullback soon
::: get ready to BUY LOW later
::: best reload bulls near 45C later
::: expecting 500%+ bull run
::: re-test of sliding S/R line
::: near 3.50-4.00 USD later
::: BULLS stay out be ready later
::: expecting short-term pullback
::: BULLS get ready to BUY after pullback
::: TP bulls is +500% gains later
::: expecting decent gains soon
::: 30-45% CORRECTION short-term
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +500% gains / 4.00 USD
::: BEST reload BULLS near 45C
::: TP BULLS is 4.00 USD+ final exit
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BEARS/PULLBACK
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Loopring set to blast (if not then invalidation is close)Loopring #LRC has sold off sharply and now has returned to its support. The chart tapped the diagonal trendline three times. Three taps have preceeded major increases in value in the past for example for ATOM or ETH. Idea is invalidated if chart closes below its recent daily low. Best wishes
LRC/USDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick short LRC/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-LRC/USDT 4 Hours Update
by Triple bottom breakdown has broken from the downside and continues like down we can short buy here in CMP with low leverage per 5X and 10x and hold 1st, 2nd, 3rd, and 4th to the target.
short Entry:-$0.95
$0.99
short Target:-$0.84
$0.73
$0.65
$0.55
short Stoploss:- $1.02
Remember:-This is not a piece of financial advice. All investment made by me is under 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
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LRCUSDT H4 LONGPrevious LRCUSDT analysis continuation expectation 1.55 (LRCUSDT H4 harmonik oluşumu beklentisi, önce 1.55'e ulaşmasını, 1.55'ten sonra 1.10'a düşeceğini tahmin ediyorum. İyi şanslar dilerim. Burada yer alan yatırım bilgi, yorum ve tavsiyeleri yatırım danışmanlığı kapsamında değildir. Yatırım danışmanlığı hizmeti, kişilerin risk ve getiri tercihleri dikkate alınarak bireysel olarak verilmektedir. Burada yer alan içerik, yorum ve tavsiyeler genel nitelikte olup hiçbir şekilde yönlendirici değildir. Bu öneriler finansal durumunuz ile risk ve getiri tercihlerinize uygun olmayabilir. Bu nedenle sadece burada yer alan bilgilere dayanarak yatırım kararı vermeniz beklentilerinize uygun sonuçlar vermeyebilir.)
LOOPRING LONG SETUP LRC/USDTLoopring currently sitting down at the .886 and at the POC of the entire range and printing HL and HH
for a market structure change .
I have measured some regions on the chart pulling Negative Fibs and Standard Fib retracement tool for areas of confluence
although I have kept some info at a minimum to keep the chart looking clean .
I decided to take away all the Daily/weekly levels except for a few as these areas will add to the resistance at those regions.
Not all levels are displayed again just to make it easier to read so pls do add your own levels if need be .
FIB Speed fan also used from High to Low and aligns very well with our areas of confluence that are highlighted.
As seen in the chart I have outlined 3 regions for taking profits but its your responsibility to determine your own
invalidation and entry .
If BTC decides to drop then no alt coin will hold regardless of how bullish the asset is so ensure to follow your Risk management plan
and have awareness of BTC.
$LRC LRC ABC correction targets (potentially completed Cycle I)an ABC correction taking place
should get rally bounce once BTC completes projected wave 1 of ABC.
From there I'd suspect further downside for LRC to resume bearish sequence in potential WXY for a larger degree correction while BTC is completing cycle II correction.
NFA . DYOR.
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LRCUSDT H4 LRCUSDT H4 harmonic formation expectation, I predict it to reach 1.55 first, I predict it will fall to 1.10 after 1.55 level. I wish you good luck. The investment information, comments and recommendations contained herein are not within the scope of investment consultancy. Investment consultancy service is provided individually, taking into account the risk and return preferences of the individuals. The content, comments and recommendations contained herein are of a general nature, which are not in any way directive. These recommendations may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not produce results in line with your expectations.
Thanks GameStopFor dumping 14 million imx tokens you recieved on apes/retail.
You can see we broke down, broke up again and then we broke back down below but holding. The weekend will probably determine where we go.
Clearly not enough interest to keep this afloat and I believe it's mostly due to Very negative social sentiment. Leads me to believe this will be dropping further as one looking to get into imx will not be drawn in expecting further downtrend. LRC looks to have the better social sentiment at the moment.
Holding on the daily so far. Pucker up crypto is a rollercoaster.