According to the Fibonacci Time Zone indicator, today Loopring enters the new cycle, which does indicate that it cold be the time to act now. Price has tested the low at $0.11, where it has rejected the upper trendline of the descending channel. All-in-all the trend is bearing and it is hard to argue with that. But it could be the very bottom and the end of the...
Directional movement indicator shows low price fluctuations and a gradual rise according to MACD, Stoch RSI and Ichimoku clouds. Moreover at the long term timeframes the price is going to form bullish Gartley butterfly pattern. If this happens the price will break out from descending triangle and will consolidate for the further long term growth.
Hello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by the end of the year by day trading altcoins. I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile. Trades this far: Day 1 BTS: +5%...
- Divergence on OBV Oscillator - OBV high/low cross for big move - Tapering volume - Retested support - One of the coins that didn't blow up like every other coin
Technical analysis: . LOOPRING/BITCOIN is in a downtrend and beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 40. . The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased. Trading suggestion: . The price is in a downtrend and we forecast the...
Technical analysis: . LOOPRING/BITCOIN is in a downtrend and beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 40. . The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased. Trading suggestion: . The price is in a downtrend and we forecast the uptrend...
LRC is sitting in a strong support zone at the moment. It is also in the golden pocket between the .618 and .786 FIBs from the previous run up. If it breaks out of the ascending triangle and clearly above the upper red line, this may signal a reversal. ALSO, they are airdropping $LRN beginning July 5th. If a major exchange announces support, this could rocket price IMO.
Hello hello! Please take a moment to read the description on my profile. Ensenada, Mexico needs our help! Anywho, LRC appears to be possibly bouncing off a strong support here and moving within a very slightly descending channel. I see it as a fairly easy 8-10% trading within the triangle and below/at the 200 day EMA. This support line had strong bounces all the...
Recently Loopring found the support at 61.8% Fibonacci retracement level, that is 6500 satoshis. Along with the Fibs support, the 4/1 Gann Fan trendline has also been rejected suggesting the continuation of the uptrend. The consolidation now has taken almost two week, but price still failed to break below the support level. It seems that LRC/BTC is ready to...
Criteria's is on the chart! Nice bounce from there and at the moment small pullback where You could enter the trade! It could be short-term "pump" but launching platform is there ;) Good Luck!
Looking good here, wooood buyit yit
The beautiful cup and handle formation is in the near future.
Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 25th of April 2018. Using this buy in point and selling at today's price, you would have expected to net 29.63% PROFIT!!! The increase in price may also be explained by positive developments including: 8 April: Loopring gets listed on Bitfinex. 12 April: Deployment of LRN...
LRC BTC 1 HOUR BINANCE UPDATE (STRONG UPTREND)
seems that LRC is forming a possible bullish pennant right now if entering there is all you need to know as described on the chart . happy trading
watching the fractal pattern closely as it made a nice 5 wave cycle on 4 hour chart