LRCBTC trade ideas
Correction is over: time to buy!Market wide correction is over! I expect a bit of sideways action of Bitcoin for the next few days and possible one more wick to the downside before blasting of to 70K+. I'm shopping altcoins and bagged up with:
LOW cap:
Benqi (QI): 2 to 10x potential (defi on AVAX)
Ultra (UOS): 2 to 10x potential (metaverse / gaming)
MID cap:
Quant (QNT): 2 to 8x potential (interoperability for institutional adoption of crypto / CBDC)
Loopring (LRC): 2 to 5x potential (layer 2 / trading)
HIGH cap:
Fantom (FTM): 2 to 3x potential (infrastructure)
Algorand (ALGO): 2 to 3x potential (infrastructure)
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
$LRC, 25% up on the daily (450% since latest 1D UCTS Buy signal)$LRC
25% up on the daily (450% since latest 1D UCTS Buy signal)
A break above ~4900 sats its all it needs 🤞
#LRC
LRCBTC LONG. Target: 14k sats 4H MACD crossover on the way. Moreover, fractal pattern indicates next move up.
Last bullish move: 1700 sats --> 5800 (x3.5)
If multiplier applies in next move up: 4100 sats (support) *3.5 ~ 14k sats target.
This would increase LRC in USDT value up ABOVE $10.
LRC does not follow classical crypto dumping patterns. GME investors are programmed to HODL. Dips are relatively small. Moreover, Grayscale is contemplating to invest in Loopring.
Include the NFT announcement that WILL take place in Q4. LRC is primed to make big big big moves. In addition, only 3 percent of the supply is left out of circulation. This will cause a large supply shock.
Everything indicates a very bullish setup.
$LRC, something to watch if it can recover the daily a little $LRC
something to watch if it can recover the daily a little (looks kinda ugly rn)
#LRC
Loopring want to combine centralize and decentralize exchangesCentralized exchanges are currently the main mode of operation for crypto trading services. While highly popular and convenient, using a centralized exchange carries a number of risks, the chief of which is their custodial nature. Because these exchanges hold users’ funds for them between the points of depositing and withdrawing, those funds come under the risk of being partially or fully lost due to potential hacker attacks, malicious actors inside the exchange or regulatory intervention.
Loopring is operable on Ethereum and Neo blockchains with plans to add support for the Qtum blockchain. Each of these networks has its own token: LRC and LRN for Ethereum and Neo respectively; when launched, the Qtum network token will be called LRQ.
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Loopring Price (LRC)
$0.5718
8.62%
0.000009807 BTC0.33%
0.0002022 ETH5.06%
LRCBTC LONGLong this LRCBTC PAIR COIN
TA
ENTRY _0.89, 0.99,1.00
TARGET _ 1.22 ,1.38,1.55,168
STOP LOSS 0.65
before Trade just check with your analysis
Loopring - Still in a downtrendKeeping a eye on loopring it has a clear trendline that can broken in the next 3 months if it holds the support below.
Check Back alot of order blocks at monthly vwap . price most likely will react to that area . i think we will check back where we were in 20-30 days ago
LRCUSDT is below the daily resistanceLRCUSDT is below the daily resistance and 4h dynamic resistance. IF the price is going to have a breakout, 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.
LRC/BTC { LOOPRING } - BULLISH SETUPANALYSIS 🔎
- LRC/BTC was bounded in a descending triangle pattern.
- Price brokeout above the descending triangle's inclined resistance.
- The market hit a swing high and retraced.
- The retracement is currently testing the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There's an uptrend continuation potential.
BUY ENTRY ⬆️
- Current market price.
TARGETS 🎯
- Horizontal resistance level (@0.00001611).
- Horizontal resistance level (@0.00002094).
SETUP INVALIDATION ❌
- Initial invalidation: breakdown below the 0.786 fibonacci retracement level.
- Final invalidation: breakdown below the descending triangle's horizontal support level .
Loopring (LRC) is preparing to pumpLRCBTC chart has broken its long term trend line and it seems that it is retesting the broken trend line. It retesting done successfully, the chart may pump to higher targets.
$LRC 👀, On a 40% daily candle, showing really strong volume...$LRC 👀
On a 40% daily candle, showing really strong volume...
Will like to see how it goes toward the daily close (still 40% to 2021 highs)
$LRC - Waking up from a long downtrend$LRC is the Ethereum-based cryptocurrency token of Loopring, an open protocol designed for the building of decentralized crypto exchanges.
We have a nice break-out from long-term downtrend on LRCBTC chart.
We have also an Adam & Eve double bottom formation on LRCUSDT chart.
It's about to fly guys !
LRCBTC AnáliseIt might fell inside the triangle but it will probably go up after that.
Poderá cair dentro do triangulo mas provavelmente romperá a resistência.
BxY the deep!Hi 🖖🏽
LRCBTC have anice uptrend in daily time frame and bullish pattern (W pattern on uptrend and a nice triangle in weekly time frame),...
LRC on weekly time frame have a bullish stochastic cross and bullish RSI formation in daily and weekly time frame,...
i think now LOOPRING have a nice RR so i'm buyer on green lines and set SL if white static line goes to break down and TP on dashed red lines for short/mid term, TP on red normal lines for mid/long term and if the down trend breakup we can see a nice pump to 2000sats
i'll share other time frames below this idea,...but as always this is my trade setup not FINANCIAL advice 💚
DYOR 🥂
Loopring, The Time Has ComeThis one's set for an explosive move of unparalleled proportion.
As always, it's important you educate yourself and dyor! This is purely a speculative personal analysis.
I've been stacking LRC for quite a while now. This is the one of the few remaining layer twos that hasn't seen its day yet. Largely in part because of its novel complexity(ZK-rollups) and the recent market correction, it has been difficult for the average joe to wrap their head around its utility. That's all set to change very soon.
This is some of the most bleeding edge-crypto tech of its kind. We've seen Vitalik acknowledge this on several occasions.
“In the medium to long term ZK rollups will win out in all use cases as ZK-SNARK technology improves” — Vitalik Buterin (creator of Ethereum)
vitalik.ca
This is one of the the most stacked teams in all of the crypto ecosystem with some serious pedigree. Pioneering the next generation of L2. The product is about to reflect that real soon, making it one of the most popular decentralized exchanges of its kind. Comparable to its centralized counterparts like Coinbase, Binance, etc.
medium.com
medium.com
miro.medium.com
OBV - We're seeing buying pressure remain consistent in its trajectory. Seeing a consistent multi-month climb of OBV, regardless of the recent market volatility, it has maintained its structure. Overall it's looking good.
RSI - Bordering on oversold, RSI's cooled down since the recent market correction and lying dormant, ready to accommodate an explosive climb.
MACD - Looks like it has been weighed down long enough by BTCs gravitational pull. Flipping bullish after nearly a month.
STOCH - We've been able to flip the stochastic from a recent downtrend, altering its trajectory back into a climb.
LRC/BTC - BULLISH SET UP Intro:
As the alt coin season continues and BTC dominance shrinks a lot of alt coins are showing promising patterns. Loopring ( LRC ) is another juicy mid cap alt that has the chance to go for a nice 200%-250% move, when the money flow slowly starts to enter the mid and low cap alt coins.
Pro:
- Bullish Pattern is forming quite clearly
- Volume on the third impulse up shows that buyers are coming in
- Good possible entry points
- Potential Risk/Reward Ratio = 9
Contra:
- Due to the low market cap, a potential exit could be quite expensive (Minimum - 30%) --> Watch your sizing!
Entry:
Option A: On the third impulse down in the reload zone between the 0,618 and the 0,786 Fib. First buy order is set at around 1.060 Sats.
Option B: Wait for the brake out and the confirmation through a potential retest of the upper trend line.
Option C: Scale in on both options.
Exit:
Bullish:
- A measured move price target from a potential brake out point at 1.320 Sats would mean a 250% move from my first buy order at 1.060 Sats.
Bearish:
- In case of a bearish turn, my Stop-Loss would be at a clear brake of the second impulse down at around 750 Sats.
Enjoy and never forget: NO FINANCIAL ADVISE! :*
BINANCE:LRCBTC
