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LRCUSDT trade ideas

LRCUSDTThis is a 1D frame analysis for LRCUSDT As we can see, the price is currently fluctuating around our weekly support zone and we expect it to support the price like it has done in the past and not break below it. However, we must wait and see if the price can break through the first resistance zone and establish itself above it, then we can enter the trade with less risk for the second resistance zone. It is also possible that after hitting the first resistance line, the price may not be able to establish itself above it and we may experience a price pullback.
Long
by MarsSignals
Update after long hiatusI am not a user or have an understanding of Elliot waves, but looking here is something to study into the values of waves to see if they're valid here. After trying to follow the bottom with the market I believe it is in now in and am doubling down here. There is no chance the globe is collectively going to reset the financial world or dump us into a huge recession and i think capitulation in crypto is in. Watch gold closely. If the chart continues to follow fundamentals we should see sideways movement and gradual upward from here forward to MY single sell target of 24$ in 2025 *shrug emoji*
Long
by Bobron
4
LRCUSDT is grabbing new liquidity?Testing Key Daily Support: The current market situation involves LRCUSDT testing the $0.2 area, which serves as a crucial daily support level. Daily support levels are historical price points where buying interest has previously emerged, potentially preventing the price from declining further. Breakout Potential at $0.24: You've indicated that a potential trading opportunity could arise if the price effectively captures new liquidity and subsequently generates a new breakout above the $0.24 level. Plancton's Rules Application: In accordance with your analysis and following Plancton's Rules, you are considering a new long position if the price accomplishes the mentioned breakout above $0.24. A long position involves acquiring the asset with the expectation that its value will ascend, aligned with the anticipated bullish momentum implied by the potential breakout. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
11
LRC/USDT SHORT💡My Vision of a TRADE IDEA BingX💡 LRC/USDT 4H SHORT High Risk According to my analysis; Entering at 0.23500 this time coincides with the 200 moving average very close to the 0.50 Fibonacci level. On 12H and 1D charts, there are already selling configurations, taking a position with an RR of 3.61:1. If it manages to reach the previous minimum, which is very likely, then we have an RR of 4.68:1, and setting a stop loss at 2.26% allowing a ‼️MAXIMUM 30X LEVERAGE‼️ with a position size of 1% and the risk of liquidation for this position. 💡Mi Vision de una IDEA DE TRADE BingX💡 LRC/USDT 4H SHORT Alto Riesgo Según mi análisis; Entrando por los 0.23500 en esta ocasión coincide con la media de 200 muy cerca del 0.50 Fibo y en gráficos de 12H y 1D ya con configuraciones de venta, tomando una posición con un RR de 3.61:1 y si logra llegar al mínimo anterior que si es muy posible entonces tenemos un RR de 4.68:1 y dejando un stop Loss de 2.26% permitiendo un apalancamiento ‼️MAXIMO DE 30X‼️con una posición del 1% y con riesgo de liquidación de esta posición
Short
by alvarogalvan23