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LRCBTC trade ideas

Loopring Activates Long-Term Support (1,355% Growth Potential) Here we have an interesting pair, one that grew more than 3,000% from early 2020 through late 2021, an astonishing feat. We are talking about Loopring (LRCBTC). We have two lows from the past, 2019 and 2020. These are four and five years old; and eternity in Cryptocurrency market terms. The same level that started the 2020/21 bull-market, has been activated now in late 2024, and we have some early reversal signals. In this exchange we have a double-bottom and even a higher low, depending which low we take into consideration (2019 or 2020); but when we look at other exchanges, the 2024 low is a clear lower low, so all gains have been removed long-term and the possibility for a new All-Time High diminishes. We are going to be conservative in our projections for this one and we will aim mainly at 1,355% growth potential. The 790% target mapped on the chart can be a level to consider for partial profits/selling. How you approach the pair/chart/targets is up to you and should be based on your own capital, trading goals, style, strategy, etc. It is now only a matter of time before the bulls enter the game with force. It can be just a week or two, just as it can be 2-3 months. Since we are focusing on the long-term, it doesn't really matter; the longer it takes, more time to accumulate; buy and hold. If it moves right away, the great entry price is gone but we know that plenty of room is left available for additional growth. The time is now. An opportunity of a lifetime is in front of us. Thanks a lot for your continued support. It will be great to update these charts, and see the interactions six months from now... Where will we be? How are we going to feel? The market is in extreme fear now, we will be looking at greed, happiness and complacency in those future days. I will be working hard, that's sure. That's all I know, I'll continue to do my best. I am wishing you increasing success. Namaste.
Long
by AlanSantana
Loopring Hits New All-Time Low | Two Scenarios—10-30X PotentialHere we have the long-term chart for Loopring (LRCBTC) and we can notice a new All-Time Low (ATL) being hit in the current session... What to make of this situation? Good afternoon my fellow Cryptocurrency trader, how are you feeling today? ➖ A new All-Time Low is great because it means that the bearish wave is either over, or reaching its end. ➖ A new ATL at this point can lead to mainly two scenarios; Growth right away or a lower low followed by a strong bull-market. Which one of these two we get is pretty tricky... Let me explain. First, let's show the two potential scenarios with a chart: #1) #2) There can be additional variations between these two scenarios but this is the main idea. Now, how do we get either #1 or #2? It depends on how people interact with the market. The centralized exchanges own the market. The insiders own the coins. The bottom being in is fully decided by the exchanges and insiders. ➖ If the exchanges and insiders decide to start buying (stop-selling); the bottom is in. ➖ If the exchanges and insiders decide to wait (continue-selling); there can be lower and lower as the bots continue to sell. For us on the outside, it is hard to tell. One can always start buying; spot, not margin nor leverage, and accumulate at every drop thinking of the long-term. ➖ If many people move to buy now, after this new ATL is in, the exchanges and insiders see the buy orders, their bots go wild and they start to sell strong. This creates the dynamic that would lead to #2. ➖ If there is no interest and the general public is not paying attention, then the insiders start to buy to create awareness and momentum; prices grow and this can lead to scenario #1. Whenever there is a buying-rush, expect a dump because the bots adapt live to market conditions. For a retail trader/buyer/holder, people like you and me... It is wise to buy slowly and in portions, because regardless of what you do, you will be tricked. They have all the data, all the numbers, all the orders; they know everything we think and do and we cannot know nothing about what is going on behind the scenes. The fact that we have a new low but no volume indicates that this bearish move is weak. 👉 The bearish wave is coming to an end... After a bearish wave comes a bullish wave. 👉 We should see the strongest bullish action we've seen in 3-4 years... It can be anything between 10-30X. This is not financial advice. I am sharing my experience based on many years looking at the charts. Let me know if you enjoy this article. Thank you for reading. Namaste.
Long
by AlanSantana
1
$LRC/#BTC [#Loopring]: Resistance_Breakout_Confirmation SuperTreWe have identified both a Super Trend pattern and a Resistance Breakout on the $LRC / $BTC chart. Both indicators are signaling a bullish trend, with the Super Trend showing a bullish trend and the Resistance Breakout confirming this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.00001882 | 0.00002147 | 0.00002687 and the major support zones are at 0.00001342 | 0.00001067 | 0.00000527. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision. Technical Metrics : Current price: 0.00001866 24H Volume: 152.0700 Ƀ 24H Price change: 2.923% - Pivot Points - Levels : Resistance: 0.00001882 | 0.00002147 | 0.00002687 Support: 0.00001342 | 0.00001067 | 0.00000527 Indicators recommandation : Oscillators: NEUTRAL Moving Averages: STRONG_BUY Technical Indicators Summary : BUY - In-depth LRCBTC technical analysis on > Tradingview TA page What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here
by Crypto2AF
Loopring vs Bitcoin 114% Potential Mapped | Great RRRLoopring has been in an uptrend for almost 3 years vs Bitcoin. As I mentioned in the Decred vs Bitcoin (DCRBTC) article, higher lows lead to higher highs... Now, for LRCBTC the low was hit around January 2020. And we have a very strong uptrend/bull market, higher highs and higher lows ever since. We are looking at the action that has taken place recently since the May 2022 low. After this low and the current the day, the indicators and signals are flashing green. With a bullish break above EMA50 30-Nov., LRCBTC price can now continue to increase. We also have 3 consecutive green candles, another bullish pattern, with a strong RSI... These signals are enough for me. As usual, we look for pairs BEFORE they start to grow strong. In this way we can extract trades that are low risk with a high potential for reward. In this case we would use a tight stop-loss of less than 10%. While the pontetial targets go beyond 111%. Think about it... This is a great Risk Reward Ratio. Trading is a numbers game. Namaste.
LLong
by AlanSantana
LRC/BTC 1DAY UPDATE Welcome to this quick LRC/BTC analysis. I have tried my best to bring the best possible outcome in this chart. Reason of trade:-LRC/BTC bullish flag ready to buy the green zone spot buy and hold Entry:- 0.00002270,0.00002630 Traget:-100% TO 250% Stop loss:- 200MA down side cloge 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. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
LRCBTC Weekly Timeframe Bullflag#LRCBTC 1W & 1d timeframe. Since October 25, 2021, LRC has skyrocketed. Now it has moved into calm waters. Sideways movement. On the 1d timeframe good to see. It moves between the red and green lines. Top and bottom lines. If you look closely you can see a bullish pattern. Bull flag. It may move back and forth between the lines for a while, but it remains to be seen when it breaks out to the upside. The idea is no longer valid when the green line breaks. Overall, it looks good in the long term. Trading is and remains a risk business. If you want technical information about a coin, leave a comment
Long
by Byungie
LRC maybe going up soonLooking at the MA, and how the asset has been going for the last month or so, with a consolidation that lead into a quick rally I think the rally will come soon, I think around the next time the 50 and 200 day average meet we will have a breakout, I might be terribly wrong tho, I started investing a few weeks ago, so my opinion is highly subjective, probably wrong and terrible financial advice, but hopefully it will be enough for you to take a look at the asset and reach your own conclusions. Any advice is always appreciated, thanks for your attention and have a nice day.
by MrSassySausage
1