Lrcusdt
Two. Four. Six.Now that channel on 1 hr was denied we could possibly go downward more to test 2.3 ma again. If interest wains we see 1.80 or less within the next week is starting to make a lot of sense. It would then get very hectic to get out if looping/gme was delayed. We would see 1 pretty quickly.
This could get ugly fast unless someone or something happens in the next day or two.
LRC/USDT LOOPRING CONTINUATION FOR THE BULLS!!!?????RC/USDT BYBIT LOOKING FOR CONTINUATION TO THE UPSIDE AND IS CURRENTLY IN A BULL FLAG ON THE 4 HOUR CHART!
PRICE HAS RETRACED SLIGHTLY AFTER TRYING TO BREAK OUT OF THE BULL FLAG YESTERDAY AND HAS HAD A BIT OF A COOL OFF!
I Believe Buyers will return and have shared with you my targets for a long set up on the chart!
Measuring the flag pole would take LRC/USDT to the fibbonachi 1.5 Extension, even though this is a target i would still take my first take profi at the 1:1, remember ladies and gents nothing in trading is a guarantee we have to lock in pr,ofits to be profitabe traders!! My Take profit 2 is at the 1.236, Then take profit 3 at the 1.618.
Using a stop loss below the local support makes this trade a good risk to reward ration.
Just thought i would share this with you if you have not yet discovered this set up!
ALT SEASON IS UPON US AND I BELIVE DECEMBER TO BE A MASSIVE RUN UP FOR A LOT OF ALT COINS AND I WILL BE SHARING MY IDEAS SO FEEL FREE TO GIVE US A FOLOW SO YOU DONT MISS OUT! ;)
HAPPY TRADING AND WISH YOU ALL THE BEST OF LUCK WITH YOUR EVERYDAY TRADING, LETS MAKE MONEY TOGETHER :)
LRCUSDT , We need more pullbackHello everybody
Whats up ? how is your last week ?
In here we have one the most powerful project in layer 2 of ethereum use Zk-rollup technology
The price break the downward trend line and had some pullback to it but we think its not enough and we need more pullback to the trendline and the price can come to our zone we shown on chart and support from their to the target that we shown it
Guys in zone at first take signal then take in position , signal like hammer , ascending cover , pattern price or ...
Dont forget use stop loss and observe money management
Good Luck
LRCUSD at a critical point• LRCUSD has been in a descending parallel channel since her ATH on 10 Nov'21.
• She seems to be in her last sub-peak of Correction Wave A.
• Unless there is a sustained break out of the parallel channel, then the above two assumptions could not be invalidated.
• LRCUSD has been behaving in a rather masochistic manner since her ATH. I was expecting a H&S instead of this prolonged pain. I suspect this is due to the hopium found in abundance in LRC's reddit threads.
• There is a chance that she will break out above the parallel channel, new hopium will be injected, and a new ATH may be established.
• However, there is a greater chance that this will not happen. *If she bounces off the topline back into the parallel channel*, then the hopium would persist, and LRCUSD will continue with her prolonged pain.
• *If she breaks below the parallel channel*, then the hopium would run out, and that would be the start of the end.
• This does not look good.
LRCUSDT - Channel Breakout!!LRCUSDT - Channel Breakout!!
LRCUSDT(2h chart) Technical analysis
LRCUSDT(2h chart) Currently trading at $2.76
Buy level : Above $2.8
Stop loss: Below $2.12
TP1: $3.26
TP2: $3.75
TP3: $4.2
TP4: $5
Max Leverage 3x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
LRCBTC LONG. Target: 14k sats 4H MACD crossover on the way. Moreover, fractal pattern indicates next move up.
Last bullish move: 1700 sats --> 5800 (x3.5)
If multiplier applies in next move up: 4100 sats (support) *3.5 ~ 14k sats target.
This would increase LRC in USDT value up ABOVE $10.
LRC does not follow classical crypto dumping patterns. GME investors are programmed to HODL. Dips are relatively small. Moreover, Grayscale is contemplating to invest in Loopring.
Include the NFT announcement that WILL take place in Q4. LRC is primed to make big big big moves. In addition, only 3 percent of the supply is left out of circulation. This will cause a large supply shock.
Everything indicates a very bullish setup.
LRC/USDT TRADE SETUPLRC is gearing up for another bullish move.
Place orders between $2.797 to $3.319
Stop Loss: $2.416
Targets:
$3.797
$4.415
$5.218
$6.132
$7.171
$8.204
We will accumulate this coin with a tight SL and low leverage.
Note: Do not use high leverage and accumulate the dip to average the entry. This is not financial advice. I have done my own research and trading at my own risk. So, do your own research before investing.
LRCUSD is getting off her bed• As LRCUSD enters Wave 5 and starts to reach for her 2nd and probably final top in this bullrun, it is worthwhile to update our post on LRCUSD.
• Trading is primarily a matter of managing one’s emotions in the context of risk-reward management. FA is a tool to identify opportunities. TA is a tool to quantify and thus visualise potential growth and areas of profit taking.
• Besides contributing to the community, sharing posts on TradingView is also a good way to document one’s thoughts so as to prevent FOMO and FUD as emotions get high near TPs.
• Back to TA, given that LRCUSD has woken up, it is now time to focus on profit taking. I don’t think LRCUSD has peaked yet, but it is good to plan ahead.
• *Assuming* we are currently in Wave 5, keep in mind that according to Elliot Wave Theory, there would be 2 intermediate peaks within Wave 5. I believe we have already seen both of them—the 1st on 5 Nov’21 and the 2nd on 8 Nov (it’s easier to see them on the 4hourly with Heikin Ashi candles).
• I’ve filled in 3 sets of Fib levels. The 1st from crypto winter (Jan’18 to Mar’20), the 2nd from Wave A-C (Feb’21 to Jul’21), and the 3rd from Wave 3-4 (2-4 Nov’21), with the more recent Fib levels being brighter in colour. Note how well these Fib levels have served as support and resistance.
• As indicated in our previous post on LRCUSD, she has been consolidating after forming her 2nd intermediate peak. This is healthy and will confirm the current resistance as support.
• My gut tells me that LRCUSD will punch through the resistance levels at around $2.81. But watch volume and momentum during this breakout.
• My gut also tells me that LRCUSD will break out of the parallel channel she has been in since Mar’20 and enter heavy resistance between $3.48 to $4.92. We should be taking profits within this region.
• Note RSI levels. **Re-evaluate TPs when LRCUSD hits *and* exceeds RSI(14) of 90% on the daily *and then* the weekly. Given how RSI is calculated, cf Wilder’s New Concepts in Technical Trading Systems, this might take several days from now. Don’t burn out. Take profits on the way up **and** on the way down.
• At the same time, don’t forget fundamentals. LRCUSD’s top might be heralded by an announcement on a partnership with GME or ETH. Don’t forget LRC’s role wrt to ETH. There are interesting things happening on the ETHBTC chart.