Loopring
Long
Updated

LRCUSD Technical Analysis

726
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
Note
Average Winning Trade:
19.05%

Average Losing Trade:
-2.66%

Average Risk To Reward:
3.238

Average Win Rate:
55%

Total trades, total winning trades, total losing trades:
9 total
5 winning
4 losing
Trade closed: stop reached
The stop-loss has been hit! The trade is over.

Disclaimer

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