LRC: DCA your entry
falling wedge
good fib retracement level to buy
SMI bullish DIV
but mostly some influencer is calling it
For all the reasons listed above this can break out, just DCA your entry and/or use stop losses because I think BTC will go to 40K and this can drag everything down, LRC included.
Good luck
Lrcusdt
LRC Still believe LRC is going to touch 1.50-1.60 area first (which would be bitcoin at 42k) before reaching that 7 or 8 mark.
But..
Im posting this after seeing the current volume from the last few months. That alone tells me to keep holding with big rumors like Nike, MSFT, Alibaba and the bank of China upcoming. Paired with confirmed yet unannounced like GameStop.
LRC -LAYERING ECO -- Only buy in recommended zone -- Signal ID# 207
COIN: LRC/USDT
Exchange: KUCOIN, BINANCE
Direction: Spot AND LONG
------------------
Position: 2%
Risk: med
Entries :
E1: 1.81
E2: 1.68
-------------------
Targets:
TP1: 2.25
TP2: 2.7
TP3: 3.3
TP4: 9, 18 , 50
-------------------
Stop loss: 1.57
LRCUSDT | Getting Ready for Another Bullish Wave..!!
#LRCUSDT (Update)
Forming Falling Wedge Pattern in Daily timeframe Chart..
Getting Ready for Another Bullish Wave so Don't miss the Ride..!!
In case of Upside Breakout, Midterm Target Would be ~4$
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Thanks for Your Love & Support..!!
LRC ForecastHi,
LRC has formed the descending triangle.
support area is marked in purple.
RSI is moving down to bottom area. price movement may move to sideways or go down to retest the support area.
Volume is keep getting low
MFI is moving downwards
future targets have been marked
ROI is good.
Good luck
signalsforecasts
LRC/USDT Loopring is showing a lot of strength despite the current situation on the market. I may be wrong but we can observe a ascending broadening wedge, it still needs to be completed but for now in my opinion it looks like it.
I will be waiting for confirmation, if I observe that I will make an update to this analys.
It is not a financial adbice, I'm just sharing my personal opinion.
Loopring (LRC) has to decide - support on RSILoopring has to decide - support on RSI
Further support by MA Ribbon and green price trendline channel since summer 2021.
Current low volume at consolidation compared to high volume during bull run looks healthy 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing