LRCPERP trade ideas
Loopring looking goodYesterday the price broke out to the upside and closed above the EMA ribbons for the first time since the correction.
Over the last few hours we see the price turning resistance into support and having a nice bounce.
The MACD is close to a positive crossover and the rsi is sitting nice at around 50%. The one thing missing at this point is volume, but this is just a matter of time as the Loopring team on Discord mentioned a big announcement is nearby.
Price target would be between the previous high and ~$1.
As always we've to keep an eye on what the Bitcoin price is doing.
Loopring- send it!Broke out of the consolidation in the sym triangle and retested it a couple hours ago
Send it^
Crypto Market & LRCUSD Technical Analysis & Predictions 3/3/21*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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Loopring: Let's Do This!Here's an LRC/USD swing trade that has great potential to go intergalactic if BTC plays nice. Go long for the buttercup, or scalp the waves. If you haven't learned yet, the more patient you are in crypto, the more money you'll make. Even if you go upside-down at some point (and we all do from time to time), time heals all wounds (and usually restores all funds too). Nevertheless, use a damn stop-loss, cuz waiting for the healing still sux.
* Not trading or financial advice; trade at your own risk. Utilize a stop-loss to mitigate that risk.
**Follow me for more lucrative swing trades in the making; I regularly publish new ideas and easy-to-follow charts to maximize your swing gains. However, please use your own due diligence before investing in any asset you come across. These are my own trade ideas, my own opinions and I'm often trading them right alongside you. I've been crypto swing-trading since 2017 and have done quite well for myself in that I am able to do it full-time. If these help you in any way, please let me know! I provide solid TA, including Elliott Wave Count for all 37 USD-paired cryptocurrencies featured on Coinbase. Good luck and safe trading!
Paul (Jalapablo)
LRC (Loopring) bull trend intact - buy the retest!Looks like it'll continue from where it left. A healthy pullback and ready to go back up.
LRC - Price Prediction - Recent Very Positive News!Hello Traders,
LRC is another great project that hasn't shown its true colors yet.
We have to remember that LRC once traded at more than $3, which leaves a lot of room to grow to previous highs. I believe it's very undervalued as of right now and there could be huge potential down the road. Some very positive news came out recently.
LRC is currently being looked at as one of the top layer-2 DEFI exchanges, closing more than $590 Mil in transactions this year. "Cointelegraph wrote, traders are migrating to Loopring to escape the higher/ raising fee's currently associated with Etherums mainnet. "
Though I do believe we are still in the infancy of what Loopring will be able to offer to its user and what the true value will become of its native toke, LRC. As of right now, the LRC token makes up more than 40% of holdings currently on the DEFI exchange. But once we start to see some of that love spread out between other coins, we should see an increase in LRC's price.
Price Prediction: It's quite possible that the current market cap of $699,908,577 could increase to around $1.4 Bil - $1.8 Bil.
Broken down: 1.3 Bil. (est. Circulating Supply) / $1.4 Bil - $1.8 Bil (est. Market Cap) = $1.07 - $1.38 (by end of 2021). This would result in a 130%+ ROI from the current price.
This is a long-term approach but for the short term, we may see a small breakout to retest recent highs.
Also, take a look at how close the ALT. Prep. and LRC is following each other on the hourly chart. I'm keeping an eye on both to help better understand where LRC's price is moving to next.
Good luck!
Current fib extensions and warning zonesJust quick plot of zones to be aware of and fib extensions.
Blues are hopeful supports, trend lines show ranges of likely to less likely projections.
As always DYOR and you are responsible for all trades.
Watch these linesShould give you an idea of what to look for. As always all investments at your own risk.
LOOPRING LRC/USD CRYPTO 4H ANALYSISLoopring looks promising to me and I have made several trades on this currency already. I anticipate that price will follow the ascending 4H trendline. It has pushed through the resistance, and now could find it as solid support for another leg up. Watch for price action confirmation to go long on the lower timeframes.
Breakout around midnight?Looks like its going to complete the triangle today and breakout will either be late tonight or early morning tomorrow.
Loopring Blasting Off to 38% GainsAfter briefly re-testing support, Loopring is blasting off to go intergalactic in cryptospace. This should be a juicy gain if all goes according to plan -- almost 40%. As always, keep a stop-loss in place and keep your eyes on the target. Patience is key to the big money swings in crpyto trading. I personally like to count Elliott waves -- the tops and bottoms -- and use a 13/48 EMA crossover strategy with a 12/26 MACD double-confirmation when navigating. Safe trading to all!
Bright futureLRC fundamentals are stronger then ever. TVL is increasing on a daily base and as soon as more pairs are added, people will be running away from the ever increasing ETH gas fees.
LRCUSD Technical Analysis Introduction
Hello Tradingview! This post is about LRCUS, which might be headed for 0.96$ from it's current price of 0.77$. That signals a 24.79% increase in value, a decent profit.
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Technical analysis
There has been a breakout from the upper trend line of the triangle pattern. That calls for a rise in price, and LRCUSD could go as high as 96 cents. Here is the rest of the information concerning the trade:
Entry: 0.7748
Exit: 0.9674 (24.79%)
Stop-loss: 0.7452 (3.66%)
Risk to Reward: 6.78
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Final thoughts
Down below are the statistics on every single crypto trade I've posted (RR, win rate, etc). There are also links to some of my past successful ideas. Good luck and great trading everyone!
*not financial advice
Bear harmonic patterns in 20 and 80 min charts, up in 5 minI am not a financial advisor. But check out those harmonic patterns homie. Might just go straight up though
LRC support and resistancesThis isn't trade advice, I'm not a pro, I'm a noob. But check this out. Current long and short term resistances plotted. Moving along the short term resistances pretty solid for a while now actually, they're really like the same term resistances, its more just the middle ones are the ones it bounces on the most and the outer ones are the major spikes and dip potentials (for now). Looks like its hitting peak on the RSIs, Phoenix and RMIs all and setting up to either go down or sideways in a bit (probably mostly sideways and a little down) and then I'm expecting some strong action up. Scalp on lower time frames if you're feeling brave, as LRC can move fast but if you watch it its predictable enough for the most part. Hodl for the longer time frames. Maybe purchase more on this next small dip although know there could be more dipping before the next boom. Looks like the next micro term sale is happening VERY soon.
Not trading advice, you're responsible for what you do with your money, not me.
