Lrcusdt
Repeating some loops, Loopring?What seemed to be some slow growth with those loops up and down turns out be an admireable 3x upswing for LRC in one month. If the same pattern is repeated once more a great place to enter is at 0.7. Expected target with that pattern would be at 1 dollar. Remember, these patterns might subject to change without notice :)
Trade safe and take care
Cheers, Whoop
LRCUSDT (Waiting for the symmetric triangle breakout)LRCUSDT (4H CHART) Technical Analysis Update
Waiting for the Symmetric Triangle Breakout
LRC/USDT currently trading at $0.455
Buy-level: Above 0.48 (only buy after 4 h candle closes above 0.480
Stop loss: below $0.38
Resisace Level 1(Target 1) : $0.620
Resistance level 2(Target 2) : $0.850
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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LRCUSDT (LOOPRING) - UPTREND CONTINUATIONANALYSIS 🔎
- LRCUSDT brokeout above the symmetrical triangle(1) inclined resistance.
- LRCUSDT hit a new ATH and retraced.
- Price retested the flip horizontal support and 0.618 fibonacci retracement level.
- A bullish pin bar (hammer) was formed at the retest area.
- Price action is printing a symmetrical triangle(2) pattern.
- Breakout above symmetrical triangle(2) inclined resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Breakout above the symmetrical triangle(2) inclined resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension level 1.0.
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle(2) inclined support.
LRC Loopring Buy If Breaks Out 20210118LRC Buy If Breaks out
Signal: Red -> Green
Trend: Green
Trade close manually when: the above ribbons turns Yellow or better Red.
LRC LRCUSD LRCUSDT LRCUSDTP Loopring
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
LRC Ascending Triangle breakoutloopring cryptocurrency token
Ascending triangle pattern has very good risk and reward. ascending triangle breakout has really good success rate. just trade with cautions.and manage your risk
LRC cryptocurrency token breakout above the resistance zone
S/R flip above 0.46$
buy when price break above the 0.46$ on 4 hour
LRCUSDT - Potential buy entry 🔼Analysis 🔎: LRCUSDT bounced off the major ascending channel support and brokeout above the symmetrical triangle's inclined resistance. It also brokeout above the previous swing high.
Price is heading to the major ascending channel resistance.
The impulsive move is supported by an ascending trendline support.
Price is retracing to the ascending trendline support.
The pullback is resisted by a descending trendline resistance.
Potential bounce off the ascending trendline + key fibonacci retracement levels.
Buy entry ⬆️: breakout above the descending trendline resistance.
Targets 🎯: horizontal resistance level (R1), fibonacci extension levels.
Setup invalidation ❌: breakdown below the ascending trendline support.
Enjoy 🥂
LRCUSDT - Possible uptrend continuation 🔼Analysis 🔎: LRCUSDT brokeout above the symmetrical triangle's inclined resistance.
Price hit a new All Time High (ATH) and retraced.
Price is testing the flip horizontal support + key fibonacci retracement levels.
Price action is printing the inverse head and shoulders trend reversal pattern.
A bullish pin bar (hammer) was formed at the swing low (inversed Head).
Possible uptrend continuation.
Buy entry ⬆️: breakout above the inverse head and shoulders neckline resistance.
Targets 🎯: previous swing high (ATH), fibonacci extension level (1.0).
Setup invalidation ❌: breakdown below the right shoulder support level.
LRCUSDT - Dailly analysisLRCUSDT brokeout above the symmetrical triangle pattern as expected from my previous analysis.
Price hit the ATH and retraced.
Price is testing the flip horizontal support + 0.618 fibonacci retracement level.
A bullish pin bar ( hammer ) was formed on the Daily timeframe.
Price action is printing the inverse head and shoulders reversal pattern.
Possible uptrend continuation.
Buy entry ⬆️ - breakout above the inverse head and shoulders neckline resistance.
Targets 🎯 - previous swing high (ATH), fibonacci extension levels.
Setup invalidation ❌ - breakdown below the inverse shoulders support level.