LRCBTC trade ideas
Textbook ATLT/BTC play on Loopring building.Minimum 10X gains on the LRC/BTC chart, buys at 260 sats for a nice run up if altszn fires off. LRC available on Binance.
loopring price analysis - pullback on weeklyLoopring analysis pullback
top 100 crypto.
currently price
$0.191717 USD (0.58%)
0.00001023 BTC (0.44%)
0.00035624 ETH (-5.41%)
LRC/BTC LongAs you see price cross up green bearish trendline up and have hidden divergence MACD. green surfaces illustrateTake profit limits that shows by TP
LRCBTCIt seems that another dive to the blue line is eminent. Look for long of also the ADX is promising.
LRCBTCIt has been squeezed between resistance and support lines.
If it can cross up the resistance triangle formation can work.
LRC/BTC (Sign of Weakness?)💎Technical Analysis Summary💎
BINANCE: LRCBTC
-Looping is trading within a rising wedge on an RSI divergence
-This is technically Bearish in terms of chart pattern
-It is still unconfirmed until the upward trendline is broken down
-I recommend to Sell if a Bearish candle closes below 2k sat
-The downside target is the previous Resistance/Support at the 1400s sat
-Wait for the confirmation and don't rush into the trade without a plan
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Up In The Uptrend | Loopring (LRC) Likely To Go HigherLoopring (LRCBTC) is 100% bullish in its uptrend... With room for more.
Right now we have an upper trendline which is being aggressively challenged, all the signals are pointing higher.
In the chart above, I've marked the next target as well as the most important support.
Namaste.
LRC/BTC analysisAs you see LRC is in an ascending triangle. If the upper line is broken validly then LRC goes for the target ,also the price has break the komu cloud and macd has a positive signal too.
Loopring (LRC) in a bull channelThis setup is easy, buy the bottom channel + EMA 200 and ride the uptrend until it stops.
LRC/BTC run early entryStill tuning algo to pyramid into positions ahead of full bull, but regardless ... I'm willing to ride this out ahead of the entry signal.
I was also not aware LRC was commonly bundled into the DeFi movement.
