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Loopring / Bitcoin

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LRCBTC trade ideas

LRC: Moving within triangle, bouncing off strong supportHello hello! Please take a moment to read the description on my profile. Ensenada, Mexico needs our help! Anywho, LRC appears to be possibly bouncing off a strong support here and moving within a very slightly descending channel. I see it as a fairly easy 8-10% trading within the triangle and below/at the 200 day EMA. This support line had strong bounces all the way back in January and February. Coincidentally, It happens to land on the .618 FIB of the most recent run up and retrace, and lands in the golden pocket (between .618 and .768 of the all time high and low.) Could see some very health gains if it breaks out above the descending blue resistance line. In addition, they will be airdropping $LRN token to all $LRC holders on July 5th.
Long
by infbp22
Loopring vs Bitcoin May Shoot Up AnytimeRecently Loopring found the support at 61.8% Fibonacci retracement level, that is 6500 satoshis. Along with the Fibs support, the 4/1 Gann Fan trendline has also been rejected suggesting the continuation of the uptrend. The consolidation now has taken almost two week, but price still failed to break below the support level. It seems that LRC/BTC is ready to rapidly start moving upwards, while the consolidation comes to an end. Strong resistance is seen at 14300 satoshis, that is confirmed by 23.6% Fibonacci retracement level. This is a key resistance for Loopring, and if it manages to break above, further growth should be expected. LRC could go down, but in this case, daily break and close below 6k satoshis is required. Then price could decline towards the uptrend trendline or even down to 4k satoshis support.
Long
by CryptoPAMM
Loopring Buying OpportunityAfter a very bullish rally in January, LRC was also in a correction since then. After confirming its uptrend, its trying to make an elliot wave. Entry Point : 9000 Targets : Target 1 : 10966 sats Target 2 : 12792 sats Good Luck. Legal disclaimer: Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't gurantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications. With Regards. TeamTWA.
Long
by cryptotalk_et
1
LRC 6 Hour chart: Big potential in the mid-long term>?Hello hello! I already have a 30 minute chart posted, but wanted to take a look at the bigger picture. LRC has been looking awesome. It blasted through the current resistance zone and still has healthy RSI and other indicators. It looks like we are now forming a large bullish pennant on the 6 hour. If the pattern plays out we could see it elevate another 40% in the mid term. Currently on the 30 minute, we appear to be creating a rising wedge, which can be a bearish reversal pattern. I'll be looking for it to possible fall through this and retrace back into the pennant a bit before pushing up and out. I haven't entered this trade yet, but thinking of doing so within this pennant. ROOKIE trader; Follow at your own risk! -Solid horizontal orange line: I bought at that price -Dotted horizontal orange line: mock buy, not in the trade yet -Solid horizontal pink line: Stop loss/sell implemented -Dotted horizontal pink lines: Targets
Long
by infbp22
LOOPRING: NEW DEVELOPMENTS = 29.63% PROFIT!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 25th of April 2018. Using this buy in point and selling at today's price, you would have expected to net 29.63% PROFIT!!! The increase in price may also be explained by positive developments including: 8 April: Loopring gets listed on Bitfinex. 12 April: Deployment of LRN (Loopring’s protocol token on NEO) on the NEO blockchain, with NEO working on ways in which to allow LRC holders to recieve their LRN. 19 April: Potential partnerships with xGoogle Blockchain Alliance (GBA) which involves the incubation of high quality blockchain projects by ex-Googlers. 20 April: Loopr beta2 wallet opens for public testing. Its trading features were available to Ethereum addresses with 10K or more LRC. 20 April: Loopring partnered with gate.io, GEX, SYEX, IDAX, and Bitpaction to list LRN, Loopring’s protocol on NEO, on May 1st. 23 April: Loopring's wallet (Loopr2) test's coming to the final stage. 26 April: Loopring publishes update on LRN Airdrops to detail our the LRN airdrop plan. 29 April: Loopring finalises the timeline to distribute LRN to private investors and LRC token holders. Private investors will receive 20% of their LRN on May 1st, 40% on July 1st, and 40% on Sept 1st; LRC token holders will receive LRN airdrops on July 5th, Sept. 5th, and Nov. 5th. These factors have together with the substantial increase in trading volume have led to Loopring's increase in price. Most of the trading volume is coming from Chinese and Korean exchanges accounting for 100% of all trading volume.
by CryptoTradeSignals
3
LRC 30 minute chart: Another leg up?Hello hello! LRC seems to be accumulating for another push. If I decide to enter this trade, I would do so around the large, dotted orange line and set my stop loss at the large, pink dotted line. Some key factors I'm looking at: -All three EMAs have clearly crossed over the 55 EMA -Slight hidden bullish divergence starting to show -Accumulation in the wedge -RSI looks healthy A candle closing inside the red resistance zone would make me very bullish on this and I will probably enter the trade. My first target would be around the 0.00008986 FIB (3-5%) and let it ride from there on up until RSI reaches overbought or my EMAs begin to death cross again. Let me know your thoughts :) ROOKIE trader; Follow at your own risk! -Solid horizontal orange line: I bought at that price -Dotted horizontal orange line: mock buy, not in the trade yet -Solid horizontal pink line: Stop loss/sell implemented -Dotted horizontal pink lines: Targets
by infbp22
LOOPRING: 24 HOURS = 12.23% PROFIT!!Our "Crypto Scalper" Trade Signal has correctly identified a buy in point on the 18th of April 2018. Using this buy in point and selling at today's price, you would have expected to net 12.23% PROFIT!!! IN 24 HOURS. The increase in price may also be explained by positive developments including: 1. Potential partnerships with xGoogle Blockchain Alliance (GBA) which involves the incubation of high quality blockchain projects by ex-Googlers. 2. Deployment of LRN (Loopring’s protocol token on NEO) on the NEO blockchain, with NEO working on ways in which to allow LRC holders to recieve their LRN. 3. LRC got listed on Bitfinex where you can trade LRC with ETH, BTC, and USDT. Analysis using the Crypto Bull/Bear Signal suggests the move may be in line with an increase in buying activity as a result of this news. The crypto markets have been trending upwards with BTC dominance dropping suggesting that the movement of funds into alt coins.
by CryptoTradeSignals
2