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LRCBTC trade ideas

$LRC Bullish PotentialLRC broke above 1500 then had a fairly bullish charge as soon as it did. This was significant Support/Resistance for more than a week. The good thing is we have broken this barrier and have come back down to retest it. For the short term time-frame it is holding. 12Hr Time frame We have the Fib Retracement tool showing a deep retracement to 0.786 The current 12 hour candle is forming a doji which is potentially a 'morning star' in the making if people see this bullish potential. We have had a Bullish TK Cross which is good, but the Tenkan and Kijin are going to act as resistance around 1580+/- (Be weary) We are below the cloud, but depending on how slow the move up is the Fib Extension targets (shown on the 3 hour) are definitely possible targets depending on the speed of this move. 3Hr Time frame I have shown the Fib Extension tool, with targets being 1:1 up to 1:1.618. If we make this zone you can expect a 17-28% gain Right now we're testing the cloud, a good close above the cloud will be cause of Bullish-bias.
Long
by Seraphic
LRCBTC bullish divergence on the 4h, looking for a near-term popLRC is showing a nice MACD bullish divergence on the 4h chart that should give rise to a near-term pop. Recent lows of 1478 and 1471 have been set on diminished weakness on the histogram and the 12h MACD histogram is also tight and ready for some positive movement. Daily needs a little time, but that does not preclude the 4h bullish divergence from acting out within the context of the tight 12h and seeing a near-term wick toward 1585 or higher. Trading 1518, tight stop here of 1465. Buy 1520 or below.
Long
by EinsteinLabs
LRC - risky trade because aren't they all right now!LRC - risky trade because aren't they all right now! I'm hoping this trendline confirms and then we are looking at a similar push to local resistance as many charts have right now. I like LRC as it came down fast therefore didn't have a chance to build strong support at higher levels. Regardless, I am again taking conservative targets until the market shows signs of turning around. If any upcoming candles show green we will be looking at a bullish hidden divergence, and for the most part I am looking at stronger buy volume than sell volume. Entry - between now and the next horizontal at around 1615 if the diagonal doesn't confirm. SL - below horizontal at 1595 TP1 - 1760 TP2 - 1835
Long
by Trader-Elisa
Parabolic Advances All Over CryptoCrypto charts are flooding with parabolic action at the moment. Full market cycles are happening at time price momentum I personally haven't seen in a long time. A parabolic advance is essentially four consecutive advances with a base followed by a blow off top. Due to the speed of the move, the smart money play is actually to short the blow off top rather than long the advances as the blow offs are violent, abrupt and typically retrace 65-80% of the move There is also little hope for a bounce until 50-70% retace of the move after a blow off and since fomo people usually buy the top, there is also a ton of overhead supply. Loopring (LRC) Is one such advance and the entire parabolic move took less than 5 days which is why crypto trading is a ton of fun. This is not investment advice just wanted to share what I am seeing. Cheers.
Short
by Paradigm9
6
LRCBTC giving another chance to earn profitIn my previous post on 11 nov: With the grace of all might Allah the most high LRCBTC generated around 30 percent profit now it is again forming a bearish BAT and there would be again another chance to earn profit. I have defined the buying and sell zones but I would suggest that if you think that u have earned sufficient profit then you can take exit even before the sell zone its all upon your choice. Best of luck and regards, Atif Akbar
Long
by moon333
1
LRC Loopring Hello everyone! Quick Analysis on LRC. Wait for retrace on the 61.8 fib around 1850's, now there is a chance that this could hold above the 1850's support level i would keep an eye on volume. Once BTC has a nice RALLY i would expect this coin to have a nice move up to retest the KEY resistance around 2900's-3100's. Also if you want more ACTIVE UPDATES on some of you favorite ALTCOINS then make sure to join my DISCORD community LINK is below in the SIGNATURE box! Thanks, LiquidMEX DISCLAIMER:!!!This is not to be considered financial advice is my personal opinion, always do your own research before entering or exiting trades as i will not be held liable for any of your trades!!!
Long
by Liquidmex
LRCBTC ready for another 80%Loopring has had an amazing run up the last 2 weeks with a 100% increase from the bottom of 920 sats on 11/20. Does this coin have another leg up? LRC continues to stay above the red 100 day MA on the hourlies during this leg up. Price range is staying within the channel that I have drawn. So why do I think this coin has a little more steam left? I believe it will make a move similar to BQX. Similar conditions are present with LRC. 1. Bithumb just announced that they will be opening deposits/withdrawals on their site for loopring. 2. There is a 4:1 price difference between the Bithumb price and Binance price. The current price on bithumb is .32 usd. 3. A long in the tooth rally with most traders thinking this leg has reached its end with 3 attempts at breaking above resistance failiing. Traders are ready to go short then experience a squeeze. This is a pretty good arbitrage opportunity for any Korean trader to take advantage of that will keep this rally going. Coupled with the low cap and volume this coin might really pop once the deposits open. Obviously the arbitrage opportunity will be short since parity will be reached rather quickly after deposits are opened. Please comment or hit the like button if you agree. *all ideas are for my own record keeping.
Long
by J167889