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Loopring / Bitcoin

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LRCBTC trade ideas

Some good growth expected for LRC (Binance) !As BTC is entering a stabilization phase, Loopring (LRC) might be a coin you could consider on adding to your portfolio for the next 24 hours or so on Binance. From a TA standpoint, MACD has crossed on the 4 hour, and the oscillators are showing strong momentum. This is a classic setup for a coin to make like 10% in 1-2 days, especially on Binance coins. Now, people have lost money on the bitcoin correction and that might add a FOMO factor that would increase the price even more. Furthermore, the Stoch RSI is around 70-60. So yeah, if you stick to the technicals, LRC has a lot of potential for short term, because it has some room for growth on the 4hr. But of course pay attention to BTC, this nasty lil kid could always ruin this investment. As always, don't invest blindly on the coin I'm analysing. Do your own research and pay attention to the market sentiment for BTC -0.06% before investing.
Long
by Oklassay
LRC/BTC - Great Latent PotentialHello guys, welcome for this 3rd Educational Post ! Today, we will talk about LRC, who has great potential, but who is also stuck due to the general market sentiment. The analysis here is more mid term-long term, so I choosed the 1day graph to present my first thought on this. So what does the chart tell us ? First, we see that LRC has complete the 2 first stage of his Eliot waves (A & B). If we take a lower cycle, we see that LRC has indeed complete a 5-3 cycle. Reaching his lowest when the BTC crashed around the 16-17th of January (it is the case for most altcoins), we see that LRC first moved up again, in the direction of point C. Then, and it is quite clear on the 1day chart, the volume started to decrease, and LRC is since stucked in a sideways channel. What next ? We have to wait for some volume to come, if we want to break the resistance of the channel, and return to our path towards the C point of the Elliot wave. As for the other trade, I will monitor this one as long as we remain in this sideways channel. Incoming news (which can bring more volume) is likely to help break the resistance. The real question in when ? Thank you for your time, and again, it is not an invesment adivce, DYOR please ! Any comment / suggestions are welcome ! The goal of this post is to share and benefit from the knowledge/experience of this community !
by Atoxal
1
LRCBTC Easy 6% Long OpportunityLoopring has been stuck in a tight channel of 9000 to 10200 since a week. Lets exploit this opportunity for a quick 6% profit. I truly believe that 2018 is the year of Decentralised-Exchange Coins. The day LRC releases a prototype nobody will remember BNB or KCS. Buy - 0.00009400 - 0.00009500 Sell - 0.00010000 - 0.00011000 Stop Loss - 8900 For those who think 6% is small. (Some food for thought) “Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.” ― Albert Einstein
Long
by ShounakShetty
6
LRCBTC - LONG - 60% Profit Break Out TradeLoopring - BINANCE:LRCBTC Loopring is a protocol layer for decentralized exchanges and has a lot support in China. It had a long down trend and recently broke it. It has a lot of positive news coming out about it and it held well against the bitcoin correction. There was very strong buy volume and multiple low points. It had a strong retrace after the All Time High of 0.00018641 and bounced off of the .786 retrace after an ABC wave correction. It looks to be making a new market cycle, so short term, we can capitalize on 60% profits, but long term this looks like it wants to run. There are multiple types of ways to trade and in this case, we are hoping bitcoin will move sideways and allow some of the alts to run. This is known as a breakout trade after it showed it's intention to turn around at the .786 level. Good luck and happy trading.
Long
by jacobcanfield
2
Trend + Support + BTC situationA converging trend near to the end can be spotted. In the last 2/3 days volumes confirmed downtrend and we basically withstood to a "Shield against Shield" of Placed Order/Sell. This characteristic is common to many coins in the last days due to the BTC conditions. We would expect an uptrend or a substantial flattering of the market. LRC seems a nice project but I need to expand my knowledge on the subject. (PRO: can interface with every blockchain which supports Smart Contract) Feel free to Comment and share your opinion
Short
by TAO7
LRC/BTC - A 4.5 R/R which leads to 75 % profits. Let's go!Hello. I've seen LRC quite recently on the move, the btc volatility caused the coin to retrace hard. I believe this is one of the best R/R currently offering on the market. The coin is similar to ZRX it's basically a protocol, you can read more about it on coinmarketcap, it's new but the devs are booming, community vastly growing. I am opening this trade now and collecting profits at 1, 3 and 5th waves, by adding on the dips/corrections. Pretty textbook trade here. Good luck Targets written on the long position opened.
Long
by IvelinAngelov
1