LRCBTC
Loopring High Volume Inverted Hammer (Weekly & Daily)Loopring (LRCBTC) just printed a high volume inverted hammer which is visible on the daily and weekly time frames.
Daily:
Weekly (needs weekly candle close for confirmation):
Here is the long-term chart with long-term targets:
We can also notice the RSI oversold.
Bullish divergence on the MACD.
These signals indicate that LRCBTC can start moving up from this point forward...
So keep an eye out on this one.
Feel free to follow, comment or hit like to show your support.
Thanks a lot for reading.
Namaste.
$LRC Testing resistance level at ~550sats with increasing volumeAlts market is moving up & now is just catching the ones that are moving slower than the rest...
$LRC Testing resistance level at ~550sats with increasing volume
UCTS Buy signal on the 6h
If manages to cross over it and flip it, then we can aim for ~680sats lvl (20%)
#LRC
[LRCBTC](238%) Second Chance At Loopring @alanmastersLet's give Loopring (LRCBTC) a second chance, we get a lower buy-in now after our stop hit, so we get more tokens and higher profits potential.
On the chart we have:
Break above EMA10.
4 Bullish candles in a row.
Bullish MACD and RSI.
Increasing volume.
New low just hit.
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Trade: Loopring (LRCBTC)
BUY: 0.00000820 – 0.00000950
NEXT SUPPORT: 0.00000770
TARGETS:
(1) 0.00001260
(2) 0.00001620
(3) 0.00001880
(4) 0.00002220
(5) 0.00002570
(6) 0.00002780
(7) 0.00003150
STOP: Close weekly candle below 0.00000670.
-------------------
Thanks a lot for reading.
Feel free to hit like to show your support.
This is not financial advice.
Namaste.
[LRCBTC](266%) Loopring Trade Signal @alanmastersLet's give Loopring (LRCBTC) a second chance, we get a lower buy-in now after our stop hit, so we get more tokens and higher profits potential.
On the chart we have:
Break above EMA10.
4 Bullish candles in a row.
Bullish MACD and RSI.
Increasing volume.
New low just hit.
-------
PAIR: Loopring (LRCBTC)
BUY: 0.00000820 – 0.00000880
NEXT SUPPORT: 0.00000770
TARGETS:
(0) 0.00001040
(1) 0.00001260
(2) 0.00001620
(3) 0.00001880
(4) 0.00002220
(5) 0.00002570
(6) 0.00002780
(7) 0.00003150
PROFITS POTENTIAL: 266%
(Buy calculated at 0.00000860)
STOP: Close weekly candle below 0.00000670.
-------
Thanks a lot for reading.
Feel free to hit like to show your support.
This is not financial advice.
Namaste.
LRC : Upto 125% Profits for the Mid Term RSI : 37.5
Volume : Showing a good increment.
Note : Falling wedge broke out by the past 3 days and at least a 3 wave uptrend is expected.
Accumulation Area : 810 sats - 830 sats
Distribution Area :
Target 1 : 898 sats
Target 2 : 962 sats
Target 3 : 1040 sats
Mid to Long Term Targets
Target 4 : 1040 sats
Target 5 : 1170 sats
Target 6 : 1263 sats
Target 7 : 1349 sats
Target 8 : 1444 sats
Target 9 : 1625 sats
Target 10 : 1882 sats
Stop Loss : 736 sats for short term traders and 670 sats for long term traders.
Note : The first 3 Targets are for short term traders and others for #Hodlers who are willing hold LRC for the duration between mid to long term investing opportunity.
Risk : 15%
Capital Allocation : Upto 6%
$LRC Reaching strong support at ~1100sats... $LRC Reaching strong support at ~1100sats... If we compare August-November bars we will get an amazing mimic of what is happening today... see second picture...
If thats the case we will see some sideway in #LRC prior a new bulltrend.
Set some alerts for future reference!