LRCUSD trade ideas
Loopring longA correction to major bullish trend stopped around Fibonacci 0.5 level. A continuation of ascending trend to 1 Fibonacci level is expected to happen.
Two Thumbs Up Chart Pattern 4 LRCHahahaha sorry if you had to see this and your reading this, its a good drawing I know! No but in all seriousness LRC hitting resistance as shown in purple rectangle. Hoping for a bounce down to suppport below and hopefully take off again to higher gains following this drawings lower arm :0. (NOT FA!)
LRC/USD retest ATHif we have a pullback that zone 1.5-2.1
is worth for jumping on this market
keep it simple
good luck
trade based on your decision
My analysis on Loopring. Hello, this is my analysis of loorping.
I am bullish long term on looping but bearish on the short term.
There is a lot of hype going on for the 8th of December which is the press conference of GameStop, I do not think they will announce anything on that day that will create a sell-off.
I am also predicting that BTC goes down towards 47000 then 42000 then 38000 until it bounces back before the end of December.
I think the announcement of GME x Loopring will be end of December
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Thank you for reading my analysis.
Have a great day.