LRCUSDT trade ideas
Loopring ideaI've taken profit and watching for the next move
If this head and shoulders plays out it may take price down to my next buy Target
LRC - Update- We Aren't Done Yet!Continuing my theme recently, if you followed my last LRC trade it was good for.... 244%...
Yeah - I don't know how that happened either.
Anyway, looking at the chart, we saw almost a 30% retrace in value since hitting ATH at .6 area, nicely bring us out of oversold.
Uptrend appears to still be in tact on MACD, interestingly the weekly has a ways to go still on RSI, see below
Think we're good for at least another 120% here.. Likely higher as this has seriously legs behind it seemingly.
Loopring Price (Short): +20% in profit by the end of this month?It's time for a correction
> We broke through the trendline
> The asset is over-purchased
> Net network growth is low
> 0% in large transactions
LRC - Potential for a breakout? Charts starting to shape up!LRC is seeing some good signs shape up on the chart.
Pretty clear bullish bat just ended, already yielding +40% and giving us a clear parallel wedge.
Volume seems to be breaking out, we'll have to see if it can sustain this.
MACD is showing first signs of reversal.
Potential room for growth on RSI, though with the distance from the top resistance on the wedge being so large it's likely we'll see a reversal before the action completes.
Pretty strong indicators for a breakout in the works. I'd aim to buy a retrace or a retest.
This is not financial advice. Want financial advice? 2 words: Pet Insurance 🐕
LRCUSDT - Potential buy entry 🔼LRCUSDT has been consolidating in a symmetrical triangle pattern.
Potential breakout.
Buy entry ⬆️ - breakout above the symmetrical triangle resistance.
Target 🎯 - resistance levels, ascending channel resistance.
Setup invalidation ❌ - breakdown below the ascending channel support.
LRCUSDT - Daily analysis LRCUSDT is consolidating in a symmetrical triangle pattern on the Daily timeframe.
Potential breakout.
LRCUSDT shortRisk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck!
LRCUDSTPERP - Long - Potential 10.21%LRCUDSTPERP - Long - Potential 10.21%
Entry- 17789
TP1- 18379
TP2- 19605
SL- 16569
- Optional Leverage 3-5X
- BTC - breaking new highs always chance of big sell off now, be careful
- RR - 1.55
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No
LRC USDTin this chart we see that :
1- the price now at 0.155$ which facing resistance level 0.157 $
2- there is no positive buy signals right now
what we have to do right now ?
1- wait until we see at least two positive buy signals
2- the candle cross the resistance 0.157$ and close above it and one positive buy signal
trade with your own responsibility
LRCUSDTPERP - Short - Potential 9.11%LRCUSDTPERP - Short - Potential 9.11%
Entry- 17592
TP1- 16883
TP2- 15990
SL- 18381
- BTC Volatility in effect - V.High Risk Trade
- RR - 2.03
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No
LRCUSDTPERP - Short - Potential 7.13%LCRUSDTPERP - Short - Potential 7.13%
Entry- 18071
TP1- 17353
TP2- 16791
SL- 18688
-Optional Leverage 3-5x
- BTC next move not confirmed - high risk trade
- RR - 2.08
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No
