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Loopringeth

Scenarios for THIS reversal pattern & where price can be headed*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. 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. *Follow me for the latest cryptocurrency analyses on my watchlist *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *Thank you to those who donated, I very much appreciate it.
COINBASE:LRCUSD
by CryptoRush_
1
There is a possibility for the beginning of an uptrend in LRCETHTechnical analysis: . Loopring/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 34. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00034500 to 0.00031700). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00034500) Ending of entry zone (0.00031700) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00040800 TP2= @ 0.00045800 TP3= @ 0.00049600 TP4= @ 0.00061000 TP5= @ 0.00081000 TP6= @ 0.00100000 TP7= @ 0.00115000 TP8= Free
Long
by ForecastCity
4
There is a possibility for the beginning of an uptrend in LRCETHTechnical analysis: . Loopring/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 34. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00034500 to 0.00031700). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00034500) Ending of entry zone (0.00031700) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00040800 TP2= @ 0.00045800 TP3= @ 0.00049600 TP4= @ 0.00061000 TP5= @ 0.00081000 TP6= @ 0.00100000 TP7= @ 0.00115000 TP8= Free
Long
by ForecastCity
4
There is a possibility for the beginning of an uptrend in LRCETHTechnical analysis: . LOOPRING/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 45. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00039780 to 0.00033700). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00039780) Ending of entry zone (0.00033700) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00045800 TP2= @ 0.00049450 TP3= @ 0.00056170 TP4= @ 0.00062600 TP5= @ 0.00069420 TP6= @ 0.00079130 TP7= @ 0.00091500 TP8= @ 0.00100400 TP9= @ 0.00114500 TP10= @ 0.00145200 TP11= Free
Long
by ForecastCity
2
There is a possibility for the beginning of an uptrend in LRCETHTechnical analysis: . LOOPRING/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 53. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00039780 to 0.00031330). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00039780) Ending of entry zone (0.00031330) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00048360 TP2= @ 0.00053500 TP3= @ 0.00061610 TP4= @ 0.00080470 TP5= @ 0.00095660 TP6= @ 0.00110790 TP7= @ 0.00132430 TP8= @ 0.00159920 TP9= Free
Long
by ForecastCity
A trading opportunity to buy in LRCETHTechnical analysis: . LOOPRING/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 53. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00044300 to 0.00038850). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00044300) Ending of entry zone (0.00038850) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00056080 TP2= @ 0.00063120 TP3= @ 0.00081630 TP4= @ 0.00096570 TP5= @ 0.00111550 TP6= @ 0.00132780 TP7= @ 0.00159920 TP8= Free
Long
by ForecastCity
A trading opportunity to buy in LRCETHTechnical analysis: . LOOPRING/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 53. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00044300 to 0.00038850). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00044300) Ending of entry zone (0.00038850) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00056080 TP2= @ 0.00063120 TP3= @ 0.00081630 TP4= @ 0.00096570 TP5= @ 0.00111550 TP6= @ 0.00132780 TP7= @ 0.00159920 TP8= Free
Long
by ForecastCity