$LRC Tightening Right Up 👀👀$LRC getting squeezed even more imbetween the BB bands, all within the descending triangle. Interesting to see what happens in next couple of hours 🔥🔥 (Not FA).
LRCUSD trade ideas
Day intervals? What do you think?I already did DD on LRC and im already convinced this thing is going to the heavens but i wanted to discuss what people think about this idea? seems theres day patterns with the trends. Has anyone else noticed this?
LRC gearing up to finish a cup and handle or ascending triangleEither way those two patterns can create a strong push to 7-9 dollars in my opinion. This coin has great fundamentals as well, it is believed to be the long term solution for scaling Ethereum among other rollups. It is a long time keeper for the next two years. Enjoy the ride!
LRCUSDwaiting for a break over 3 with a stop at 2.8.. Looking for a double from here to sell half.. Trailing with 10,20sma's
5% of account in trade
LRC - Daily setup looks great Loaded the boat at $2.67. As long as this trend line holds, we’re headed to ATH. I think this could be a $30+ crypto with L2. GME news could also send this higher.
LOOPRING IS MY DAD AND HERE IS WHYHERES WHY LOPRING IS MY DAD: Do you see the chart? It never drops. Yes read that again. IT NEVER DROPS. IT HAS A MASSIVE RUN UP AND SLOWLY TRICKLES SIDEWAYS. Do you know what happens after it trickles sideways? IT has a massive run up again. Its following a pretty steady uptrend pattern that make my tits hard off of for days. I am not a financial advisor nor do i ever want to be one. I do charts for a living and this chart is doing me. Hope that makes sense. Im not here to convince anyone that its a good investment im here to state the fact that they own a PATENT to make a decentralized exchange which would change the world. Thats all. god bless.
LRC Channel Dec BREAKOUTLRC Will make a run in the next week and a half. This is my channel narrowing in on the date where we will see a breakout. Early December is the forecast
LRCUSD Update - Time to say goodbye• I know that there are people from the Loopring Reddit who are reading my analyses, and this analysis is dedicated to them.
• With more data points, the descending parallel channel can now be better drawn. LRCUSD has not left the channel yet.
• Note that channel lines have measuring implications. Once a breakout occurs from an existing price channel, prices usually travel a distance equal to the width of the channel.
• *If* this is indeed an ABC correction, and the sub-waves add strength to this hypothesis, then breaking down below the parallel channel to the vicinity of $1.2 (depending on where the parallel channel is broken). This seems positioned to lead LRCUSD to a devastating H&S pattern.
• *However*, if this is not an ABC correction, and LRCUSD does indeed break out above the parallel channel, then even if she were to break out now, she will not re-establish a price above the previous ATH from this breakout alone.
• Even if LRCUSD breaks out to the upside, if she does not pump beyond her previous ATH and enter price discovery quickly, momentum will be lost and hopium will fade.
• If LRCUSD breaks out to the downside, then the dump will be ugly indeed.
• For long-term trading, LRCUSD no longer possesses even reasonable profit potential.
• For short-term traders, you may wish to short LRCUSD.
LRC betaNot financial advice, just sharing my observations.
LRC, the child of GME, has been really moving lately. OTHERS.D is looking prime for a bounce, barring a large uptick on BTC in the next couple of hours.
If OTHERS.D 5D % charts bounces from the .854 fib retracement, we could see a nice long entry on LRC if some shorts jump in.
Keep in mind market.d and trends
LRC, CRO, MANA all the movers are slightly more difficult to trade with all the activity on them. Be mindful that many ideas are melting together on these charts.
LRC - Bullish Extravaganza!!This is an AMAZING setup!
We're forming a cup and handle. In the handle we have a potential back test of the $2.85 resistance AND the handle is a falling wedge. For me, this is a banger.
LRC - back test $2.85 would be perfect I wish we could go straight up but we can’t. A textbook pullback to 2.85 resistance would make a ton of sense. It’s also .618 of this run.
Ready to add at 2.85 and then it’s ATH test.
Impulse or corrective?Up 30% since last post! Atm its looking more like another impulse is being put in for a new high, but not putting the jet skies trailer before the Ferrari. The 2/B is pretty big so, for the right look or proportions sake, some distance from there would make things look a lot more pretty. It could still be putting in some kind of sideway correction still as well so some paths im watching. Some nice pitchfork play as well!
LRC - Break out. ATH comingI really think LRC can easily 3x if not more. I’m holding this long term but always reward yourself with a little profit on the way up.
LRC - BULL FLAGLRC broke out of the flag and currently testing previous resistance as support.
A confirmation of this support will continue it's bull run.
UPT:
3.90
4.34
5.70
DPT: 2.15
Stoch RSI: Oversold Conditions
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader
Awaiting price to pass 2.75 to place a long position.
Ascending Triangle
Zig Zag, Zig Zag....Zig Zag? Its got the look of a double Zig Zag, not perfect but dece. Now a 2xZZ could turn into a 3xZZ but those are said to be rare, so we shall see. Breaking 2.89 would make a 3xZZ even more unlikely so that area alarmed. Some nice grindage on the channel too!
LRC double bullish batLRC going over 3 soon
double bullish bats
bounce off major .618 and 100 ema 4hour
LRC - SOL similarities? I'm aware of the GME news but I'm not a Stocktwits and Reddit hopium inhaler. With that being said, I do believe the chart looks similar to Solana when it broke out of the 40's and into the 60's before rocketing to $200. I wish I was smart enough to overlay the charts but I'm not. I do think LRC can make a 10x jump when people start figuring out how this is going to change L2. I hope I'm right because I passed on CRO for this.
LRC >30% in 16 hoursOn the 4 hour graph, LRC has exhibited a ~2-day bear run followed by a rapid 16-hour bull run. White trend lines represent the bear run while yellow represents the bull run. Interestingly enough, the bull run has been around 16 hours each time.
By Sunday 10:00 PM (UTC-6), LRC could be expected to hit 1.85. If this current trend continues, a new entry point could be at 1.90 (after waiting for confirmation, of course!)
The exit point would be 2.60 or no later than 20 hours afterwards. If you're feeling greedy, you could also wait for the chance that it breaks out of this existing trend if it hits 2.7.
Since this would be an overnight position, I recommend a stop loss at 1.80 or an alert.
Disclaimer: This is my first published Idea and I am not a financial expert offering you certified advice.
