LRCBTC trade ideas
Loopring LRCBTCBreak out all resistance lines. I will keep this coin in the medium term. good working technology, after the last correction has fallen in price, a good opportunity to buy and hold. I want to do X2.5
Loopring is not only a protocol but also a decentralized automated execution system that trades across the crypto-token exchanges, shielding users from counterparty risk and reducing the cost of trading. By pooling the liquidity of cryptocurrencies, we are building the financial system of the future.
LRC bag holder exit o_^I've been trading off the 10-11k support line bounces since the top but it looks like the fun is over and things are about to breakdown and not in a good way. If you're still holding any LRC I'd get rid of it now. Start scaling out, at least half asap but if you are desperate for one more bounce I've included a target although it's not likely since we're deep into the triangle and the breakout could happen any time now. If you see a full 15 minute bear candle below my little green resistance line I'd say the game is over for now. Sell out and scale back in when it hits the included target, if you're married to this coin that is.
Elliot Wave 4 complete in LRC - BUY SIGNALElliot Wave 4 complete in LRC, confirmed by 1) long term uptrend 2) 100 MA support and 3)descending triangle. Only thing that isn't making this a 100% hit, is the lack of volume. I still feel confident in this call. Prior Waves 1 & 3 were 100%, and we know that Wave 3 can't be the shortest wave, so my target would be roughly 75-95% from bottom of Wave 4 for the completion of wave 5. Thanks and get after it.
LRCBTC - Now is the time to buy! 100% profit in a weekLoopring, has been growing at a rapid pace over the last month or so.
With the minor setback with all cryptos at the moment, now is the time to purchase more LRC while it's cheap. This will be an easy play, once all the FUD around Korea is over.
Remember, people make the most money when they buy during uncertainty. I'm very long on this project.
Good luck and happy trading.
LRC 15 minute longLooks like a bull pennant/flat dealy to me! :-D I'd put in a stop loss at 0.000120000 if you're feeling aggressive since it found resistance there before. Sometimes these things don't always perfectly follow the pattern but break out anyway, especially in this crazy market. If you're feeling more conservative try 13000 or sell on any full 15m candle that falls below the trend line of the pennant.
LRC: 1000% PotentialLoopring is very undervalued and is currently ranked 194 on Coinmarketcap. If Bitcoin continues to consolidate and not make new highs. Then we should continue to see alt coin rise. If that is the case, I believe Loopring will have a decent run in the coming weeks. It is currently up 150% since I got involved in it. What are your thoughts?
Trade with care.