Loopring LRC/USDTesting/Tracking Elliot waves. Please do not trade off idea without stop loss.
This one is for all the GME fans. I know that some of yall aren't invested in crypto, but because this coin is related to GME, you might invest.
If you're already invested in LRC or will be looking to buy some then the data here should be valuable for you.
On this chart it shows us that we've already gone through a -95% drop. This is normal in the crypto world. Most altcoins will go through a period where they drop -90-98%.
With that being said -95% is already high up there so there's a possibility we may go a bit lower down, but that's a very small amount compared to the possible upside.
If you hoover over to the today's price R/R you can see that from here you have a R/R ratio of 31.6 with the stop loss being underneath the Z wave drop. The Z wave drop is around a -97% drop from ATH.
R/R ratio from today's price: 31.6
Possible upside: 1915%
Possible downside: -60%
R/R ratio from Z wave: 656
Possible upside: 4975%
Possible downside: none. Personally I will not use a stop loss at all on either one.
I would dollar cost average into both and if there's a slightest possibility for another drop from Z wave then I would buy more too.
Do not go all in, especially if you're using leverage, a -60% drop is still big. Better to play it safe than sorry. If you go all in and you can't buy more when Z wave hits, you're out of luck.
From the Z wave I would consider adding a lot more (if we ever get it). This is not financial advice.
Chart timeframe is on the weekly. Expected timeline for this to play out is roughly within 2 years for the wave 3 top.
LRC
✴️ Loopring | Many Reversal SignalsThere are many signals supporting a reversal/change of trend on the Loopring chart. LRCUSDT.
Let's spend a few minutes of our time looking at some of those.
#1 - LRCUSDT has gone to new lows and then dove a bit lower, this is good for bottom fishers.
#2 - A very strong shakeout can be seen on the chart. Shakeouts can be indicative of upcoming change.
#3 - The August downtrend has been broken.
#4 - The Cup pattern we see very often, always at support and many times signals a low being set.
#5 - The increase in trading volume happened in November, recently buy volume is predominant on this chart.
#6 - The RSI is super strong at low levels, signaling that the trend can change soon.
#7 - Loopring is trading above EMA50 and EMA100, not possible to be bearish above these levels.
A change of trend is a major development.
A change of trend can lead to years of growth.
In the worst case scenario, these signals can lead to multiple months of a bullish wave/relief rally... Good in any case.
Namaste.
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.
LRC usdt let's dip our toes.market has been frantic so i chose not to trade as much the past few days.
this is a pretty small risk trade and i am will to take it.
i will short LRC at 0.2485
take profit
0.2468
0.2454
0.2443
stop loss if 15m candle closes above 0.2495
you have to keep an eye on it since it is on a 15 minute timerframe
FOLLOW FOR MORE
#LRC/USDT PARALLEL BREAKOUT AND RETEST READY TO PUMP 1200%Welcome to this quick LRC/USDT analysis.
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
SPOT CALL
Hold it for a long time to come, it can give good profit, as BTC will pump, all the calls will give you good profit and most important stop loss
Entry:- CMP $0.2400
Stoploss:- $0.2400
Target:- $0.4000, $0.5000, $0.6750, $0.9780, $1.31, $1.66, $2,$2.67, $3.77
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you...
Loopring LRC Crypto Market after the ElectionsMy forecast is that we will see a bearish outcome for the crypto market after the November 8th Elections, especially for Loopring LRC, which is overvalued.
LRC/USDT short
Entry Range: $0.34 - 0.37
Price Target 1: $0.33
Price Target 2: $0.30
Price Target 3: $0.28
Stop Loss: $0.43
LRC : CAN BE THE HIGHSTE % BREAKOUT IN TOP 100 COINS SHORT TERMWe did study the LRC and found some patterns on it that can show the historical price action of 2021
The coin did increase by 766% to the top.
And it seems That LRC can get the breakout of the top 100 coins.
This is as we did scan all the top 100 coins
The most important target is $0,83
In highest range that this coin can go is above 2 USD.
Never enter a trade before you have studied it well and that you did confirm it.
This is our view about the coin since we did confirm some trends and not trading advice.
Know that some gains can take time.
If you are a day trader, never trade without SL.
we choose it depending on Algorithmic trading and the pattern view that we have about it.
So let's see or we can see soon the $0,83 first target.
LRC/USDT - LONG ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
-------------------------------------------------------
⚡️⚡️ LRC/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Regular (Long)
Leverage: Cross (1.0X)
Entry Orders:
1) 0.2713 - 24.829% ✅
2) 0.2628 - 24.986%
3) 0.2540 - 25.078%
4) 0.2452 - 25.106%
Take-Profit Orders:
1) 0.2836 - 50.0%
2) 0.3126 - 25.0%
3) 0.3416 - 15.0%
4) 0.3714 - 10.0%
Trailing Configuration:
Entry: Percentage (0.5%)
Stop: Breakeven -
Trigger: Target (1)
LRCUSDT - Ready for ALT SEASON ? 🚀Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
I've been making updates on altcoins that have massive upside potential and good risk to reward rations. These ideas are all spot focused accumulation phase positions, by using the dollar cost average method. LRCUSDT / Loopring is another altcoin that previously went up 2000% the last time we reached this level ! We're still due for the final bottom, but the time to accumulate is NOW.
The idea above is for medium term to longer term. This is my take for the NEAR term:
Interested in XRPUSDT ? Take a look at this setup 👀
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
LRC/USDT GOOD R:R TRADE SETUP!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this RLC/USDT trade setup.
RLC looks good here. Breaks out from the big falling wedge pattern and currently retesting the wedge. Holding the important support level so far. Expecting a good 40-50% pump in October. Accumulate this one with low leverage.
Target:- 40-50%
SL:- $0.27
Lev:- 2x-4x
Buy some now and add more in the dip.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
LRC Bull Case OpeningBINANCE:LRCBUSD Heavily oversold but not yet completed impulse down.
Looking for reversal around 0.2525 - expect confirmation prior to entry then aim for 3+ R:R to TP#2 - SL as appropriate for risk
HFT showing pressure building to cover shorts and gap up into (*suspect temporary) recovery
Expect a break in trend around PRZ > with reversion and retest of new support as entry #1
TP#1 & TP#2 as set - meeting fair value HTF gaps
Good Hunting