💎Technical Analysis Summary💎 BINANCE: LRCBTC -Looping is trading within a rising wedge on an RSI divergence -This is technically Bearish in terms of chart pattern -It is still unconfirmed until the upward trendline is broken down -I recommend to Sell if a Bearish candle closes below 2k sat -The downside target is the previous Resistance/Support at the 1400s...
LRC/BTC -Potential daily breakout candle -If candle closed bullish, priority is upside -Buy zone is between 444-415 sats -Upside target is 570-660 sats -Stoploss below 100MA
Technical 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...
Technical 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...
Technical 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...
Technical 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...
Buy Price: Yellow Line TP: Green Lines Maximum Profit: Yellow Area SL: Red Line Invest Suggestion: 5-10 Percent Profit Expectations: 5, 10 or >20 Percent Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am...
Technical 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...
Technical 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...
Buy Price: Yellow Line TP: Green Lines Invest Suggestion: 5-10 Percent Profit Expectations: 5, 10 or >20 Percent Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck! ...
LRC Is in a cup and handle pattern on the 30min chart. This is a short trade with large gains. cup has formed. Handle is finishing now.
Normally I'd say LRC has about topped out, but there is a lot of new volume there, so its possible the volume may propel us to new levels and new heights. Target unknown, use a trailing stop if you have one.