LRCUSDT trade ideas
LRCUSDT - Potential for BullishNote : If you have any questions, feel free to send me message
Please give your comment/idea. Thanks
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Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :LRCUSDT - Potential for Bullish
Note : If you have any questions, feel free to send me message
Please give your comment/idea. Thanks
A RETEST OF THE ORANGE AREA IS A BUY FOR MELRC looking really good, back inside the main range after deviating to 0.2$ area, clear sign of strength and an area that needs to hold.
A close above this grey area, and ATH will be next imo.
For position taking, I will be waiting for any retest of the lower range (orange box), thats a clear buy zone for me, and an area that needs to hold as support. Closing back below would be pretty bad.
Good luck!
Textbook Cup n HandleBucking the trend once more. After an 82% correction from its May 12 high of $.90 LRC spent 41 days to reach its June 22 low of .17. This is where it was at the beginning of the new year in January. Nice base encompassing 101days to form the cup, heavy volume on the pumps, this should have some great upwards momentum. Enter at .54 Stop at .44 TP1 @.89, TP2 @1.06, TP3 @1.35. I will add trade setup in an update.
LRC below a strong resistance zone#LRCUSDT
$LRC is below a strong resistance zone, but above a broken ascending resistance that confirmed it as support.
If you still hold it take some profit and keep eye on it , if break out the orange descending support line buy more.
and if break down the ascending support line take all profit.
LRCUSDT - Support Test ☂️Loopring is testing support, a zone that was once resistance. If we can hold this zone, i believe that we can move back to set a higher high.
ALTS are looking great today!
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LRCUSDT had a breakout from the ascending channel 🦐LRCUSDT had a breakout from the ascending channel and now the price wants to test the weekly resistance. IF the price is going to have a breakout,t According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
BINANCE: LRC/USDT (Wyckoff Accumulation)🛒 Pair: LRC/USDT 🛒
== SPOT==
⏰ 1400/05/22 ⏰
🕰 13/08/2021 🕰
Duration:
📈 SHORT - MID📈
Ex: Binance
#260
🛒 Buy : 0.30 - 0.31 🛒
👉Sell Targets👈
🎯TP1: 0.345 🥉
🎯TP2: hidden 🥈
🎯TP3: hidden 🥇
🎯TP4: hidden 🚁
🎯TP5: hidden ✈️
⛔️ SL: 0.275
High Risk Trade as btc might see correction.
LRC just broke out of Wyckoff accumulation pattern with good volume. BTC did local break out from fib.0.5 level at 46800 and this caused bullish momentum on almost every chart in crypto market. for LRC, Money flow shows good money inflow to this market. but in indicators like RSI,CCI, St.RSI we can see overbought condition which gives the vibes of correction. that is all we need to jump in. i missed the best buy above POC at 0.28 but it's okay. market is full of opportunities.
Synchronized with btc, market healing and moving up. Bitcoin aiming for higher targets at 48k and 51k as two key resistances. Bitcoin dominance broken out of falling wedge in daily tf and looking for a S/R test. imo tomorrow will reject from this level and alt season will resume. this move will make enough room for altcoins to breath