LRCUSDT - POSSIBLE SCENARIOHead and Shoulders pattern is formed on this chart and the neckline is broken, overall it's looking bearish, If the price broke the neckline then the next resistance will be 1.1959, and 1.2328 So watch out carefully.
LRCUSDT.P trade ideas
LRC shortPrice in range on daily chart, had fake out but broke back into range. Price formed head and shoulders type pattern, broke support and retested support turned resistance and 4h 20 day ema. Had a high volume breakout of trend line on 30 min chart, bears currently following thru.
Stop loss: Above chop, above resistance
Take profit: Above highest volitility level of total range, just above a daily resistance level near mid point of range
Head and Shoulders on the LRCUSDTon the LRCUSDT chart, a pattern of Head and Shoulders is formed and the neckline of the pattern is broken, the price is retracing and in case of retest ( pullback ) to the Neckline or Downtrend can made short position for the target specified on the chart.
I hope it will be profitable for you ❤️
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LRC on the declineLRC, after failing to gain positive momentum within the triangle, has broken down and will now most likely continue down to around the ~T1.05 mark or lower to test the weekly pivot.
LRC bounce on bollinger band. idea for a small long.entering a small long on this level expecting a bounce from the BB
LoopRing predictions (LRC), BTC back through 45k (for now) !LRC would have had a nice little run yesterday if it wasn't for BTC leaving the party.
Even so, definitely some great signals for LoopRing. Still bullish in the fact that LRC has had a resistance/support flip right around the ~T1.15 mark (blue dashed line)
Triangle now forming within what was once, a nice positive trend for ol' LoopRing, and is now a super mopey resistance trend. Let's hope for a breakout.
Definitely ~T1.15 or so would be a position I myself would be in currently if it wasn't for me getting stuck in IOST at a T0.0497 position (I hate my life 😅)
I still believe IOST is going to be at like ten cents by next week, though.
Happppppyyy candles. C'mon happy green candles, today.
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BTC just left the party (LTC cup and handle wrap)Bitcoin and the institutional 🐳s that provide the astronomic buys and sells to -in essence- move the BTC market as they see fit, -well they've decided they weren't having it, and decided to bail out on all us party people. Hey, it happens a couple times a month, even more so now over these last several weeks of geo-political turmoil and uncertainty.
Wait it out.
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LRC Darvas boxBINANCE:LRCUSDTPERP BINANCE:LRCUSDT LRC has formed Darvas Box,breakout will be huge from here.Care about downside risk too.Im personally LONG since 0.85$ so im not clong it until the breakdown.
LoopRing LRC a cup is a'comin! 👀🌀 LoopRing cup and handle is forming! ☕️
I wouldn't be snoozin' in the next several hours here 💤 because we could see a big ol' jump .
LRC seems to always move in these very violent strikes, hitting the pivot several times (forming a cup and handle).
Other tokens featured in this video are:
Algorand (ALGO
Zilliqa (ZIL)
Jasmy (JASMY)
🤫🐿♠️
LoopRing cup and handle resistance tests (+)LoopRing (LRC) is simply doing what LoopRing does.
LRC is a token that always seems to move in cup-and-handle chart formations.
🔹 We get a huge upswing,
🔹 We crash down,
🔶 We rebuild in violent strikes toward the the resistance point.
🔶 Two times... Three times... no dice.
🔶 By the 4th and 5th strike...
💠 We've now formed a LoopRing cup and handle, and are poised for new price discovery.
♠️🤫🐿
LRC/TETHER ANALYSISHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions and suggestions. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please adhere to good risk management. Also like, follow and cheer, thank you....
LRC Elliot 3rd wave imminent As the title states, LRC has had two jumps with one to go. Great little bull-run on EDT wake-up.
The "West... is the best- baby", as Jim Morrison so ominously put it. However it ain't so good for a trader 🙄.
Red vs. Green day. Let's go.
Lrc takes the decition and wants to goLoopring has been beaten down and shorted very hard over the last 3 months.
our indicator shows buy and trigger is break white box and we have divergence! its all done!
With LRCUSDT being shorted so badly, there's much opportunity for a potential bullish rally.
set stop: 0.75
targets are in the panel
Happy trading!
LRC retesting!Look like small bull flag printing, at the same time retesting the previous resistance zone. 30m chart looks bullish, 1 and 2H could turn up also. Anyway, the safest is to behave like its just a scalp trade, that will do no harm.
SL is A MUST. BTC bulls are not so happy since it printed lower high on 1H chart, I recommend watching BTC PA if in any trade... This is just an update of the previous chart, the link is below.
Good luck traders and if you would like to help me just smash that thumbs up button.
Thanks
🔥 LRC Return To Mean: Bubble Pattern CompletedAround 6 weeks ago I made an analysis on LRC where I talked about the bubble that LRC was trading in. As initially anticipated, LRC was trading in an area of despair and is currently reverting to the mean.
Smart money saw this area of despair as an opportunity to load up and accumulate. After a 85% drop from the all-time highs, LRC might see a strong pump in the coming weeks/months.
Not sure if we're going back to the ATH value, but a >$2 value is definitely possible.
Happy trading!
RR=1.92 sell idea bearish butterfly + bearish crab + RSI divergence
PS : never risk more than 2 % of your capital per trade
LRC next leg up? Will we see the next leg up? If that nice support holds, we could indeed. Set alarms, and be extra careful if entering before a possible breakout from that resistance zone above... We could expect a retest of lower support and that would be my preferred long entry. Good luck traders.
LoopringCurrent move up may be the reversal.
But I would wait for a better entry lower, as shown on the chart, it looks like the impulse down in the wave (c) is still incomplete.
Anyway, the large abc flat is on the chart, one can buy with DCA if market provides better prices.
Good luck!
