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
Lrcusdt
Ready to flySeems to be lifting off.
RR 5
Any feedback is welcomed,
This is not the financial advice,
DYOR
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
LRCTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
LRCUSDT 4H elliot wave analysisHi
Here is the elliot analysis of LRCUSDT
Please be the one who shares the opinion
Thanks
Double top?4 hour chart shows double top.
This will break down to 2.30 area and possibly back upward from there. If news is fake or doesn't happen soon we will most likely retrace to 1.50-1.60.
Lrc(potential bullish)Lrcusdt has potential to complete triple bottom pattern, buy after breakout
Stop loss: under 2.65
LRC ready to ?Hey Traders,
Keeping it simple,
- If the breakout moves up we LONG
- & then we SHORT as the chart has created a BEAR FLAG .
Manage your risk and share your thoughts on this.
LRC gearing up to finish a cup and handle or ascending triangleEither way those two patterns can create a strong push to 7-9 dollars in my opinion. This coin has great fundamentals as well, it is believed to be the long term solution for scaling Ethereum among other rollups. It is a long time keeper for the next two years. Enjoy the ride!
LRC LRCUSDT LOOPRING: Set Alert For Potential PumpSignal: Set Alert For Red -> Green, Context: Green
or
Structure Breakout: The Ascending Trend Line and Several Previous High Resistance
LRC LRCUSD LRCUSDT LRCUSDTP LOOPRING CRYPTO
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
LRCUSD Update - Time to say goodbye• I know that there are people from the Loopring Reddit who are reading my analyses, and this analysis is dedicated to them.
• With more data points, the descending parallel channel can now be better drawn. LRCUSD has not left the channel yet.
• Note that channel lines have measuring implications. Once a breakout occurs from an existing price channel, prices usually travel a distance equal to the width of the channel.
• *If* this is indeed an ABC correction, and the sub-waves add strength to this hypothesis, then breaking down below the parallel channel to the vicinity of $1.2 (depending on where the parallel channel is broken). This seems positioned to lead LRCUSD to a devastating H&S pattern.
• *However*, if this is not an ABC correction, and LRCUSD does indeed break out above the parallel channel, then even if she were to break out now, she will not re-establish a price above the previous ATH from this breakout alone.
• Even if LRCUSD breaks out to the upside, if she does not pump beyond her previous ATH and enter price discovery quickly, momentum will be lost and hopium will fade.
• If LRCUSD breaks out to the downside, then the dump will be ugly indeed.
• For long-term trading, LRCUSD no longer possesses even reasonable profit potential.
• For short-term traders, you may wish to short LRCUSD.
#LRC Buy Setup LRC /USDT
Call type Spot + future both
Buying zone
3.23$
3.10$
Try to buy in two parts
Target
3.30$✅
3.35$✅
3.60$✅
3.70$✅
3.80$✅
4.00$✅
4.50$✅
Stop loss Hold
LRC / Loopring, breakout a possible move to 5.5+ USDT soonLRC looks exciting, made a bullish penant. A breakout above 3.1 USDT Target 3.1(3.8-1.1) = 5.8 USDT feasible in few days
LRCLooks like exchanges are running out of LRC for people to buy, but the chart is Looking to make us wait for just a little while longer.
Loopring bearish continuation part 2Loopring continues its bearish trend as it failed to sustain a price of @ 2.3. With bitcoin trading in a range. the trend may continue so added some capital on my short position.
Part 1 is linked below.
Loopring bearish continuationWe just broke 4hr bullish support zone. With my bitcoin long, I have to hedge against myself.
Now loopring has done 785.90% profit in 13days. We have never gone into the bearish control zone .
Conclusion : If i was up 785% on a altcoin with bitcoin making a 1 month low. Even with a dip in bitcoin of 50%. I would still be more than 350% in profit if i buy bitcoin now.
LRC/USDT 4 HOUR UPDATE Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
LRC/USDT is making bullish flag pattern .
Entry: CMP
Targets: 50% to 70%
Stop Loss: $2.37
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
LRC looking for next movelrc is now in the nice place of channel , we should see the next move soon , don't forgot to look for the price action
"the market will never end"
