The GME marketplace cant save the entire market. My 3 scenarios for lrc depending on whether bitcoin on the monthly stays strong on 30k band. If it does not I expect a 75% retrace minimum (17k area). I will not sell to rebuy in lower but add in at each resistance down to my original buy in. Bitcoin at the 17k area would mean LRC would be near that last major...
Is a Crab taking us to 100% to mimic the previous trend line dip? Maybe May 5th isnt a launch date? Still long on LRC.
My plan remains the same from previous charts. - Keeping it basic without clutter - 15 or so indicators I use do point towards a bottom having already happened - still depends on the rest of the globe no matter what - no convoluted chart zoom ins If we break below for a bear market I expect 30 cents. If the market picks up I still expect LRC to go well beyond 4...
on 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 ❤️ Please support our activity with your likes 👍 and comments 📝
LRC, 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.
As you can see a strong treadline has formed on the daily for Loopring dating back to March 15th. This treadline is respected at the time. But, if daddy bitty decides to dump more this treadline will probably be invalidated. The line in the sand for LRC is $1.00 - $1.04. It can even wick down to $0.96 as long as it doesn't close at that level. Closing under $1.00...
The 50MA seems to be imperative in prices evolution on this weekly chart, price has recently touched it and been bullishly rejected The orange trendline is dominant and seems to be hodling strong All MA's are spread this is the best state for likely continuation
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...
🌀 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 (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...
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.
StopLoss: 1.25💲 Target: 0.97💲 Risk/Reward Ratio = 3
Let's get ready for the after-party. I'll meet you all up... phew. --there. 🚀 Classic LoopRing cup-and-handle. This historically tends to be the way that LRC tends moves to test new highs.
Two new channels popped born from my original blue dotted positive trend line --that i thought LRC was going to cross violently, and then go down. However now, if we can continue on the top of this trend line and not enter either of the new channels at alll even better
We are directly at the apex of this triangle. If we move back up to test resistance, I don't believe we will push through (notice the descending stick values of the 3 times that we've already tested this. Wait until the weekly pivot of about T1.05 --that would be what I'd do. We should expect to see another jump up from there, but all-in-all I am labeling this...
Thoughts on: the new resistance level being tested @ ~T1.16 new positive trend established heading currently into breakout-- I believe will break UP. HOWEVER, I do also believe the resistance at about T~1.16 is going to get pushed through during the next test.
Continuing my LRC idea - waiting for more confirmations of trend movement, but It is starting to look good although a little underwhelmed at the response of the recent news. Volume needs to pick up considerably for us to break the next few upcoming areas, but with all the information coming in we really see it pushing sideways for months as an accumulation phase...
Little bit of an accountability video from me. I believe I posted here yesterday, my elliot wave prediction for LRC. I was wrong. It broke straight through my upper negative resistance trend and has now hit it R2(..? 🤯) weekly pivot. I'm still going to be posting this in a short position for LRC, because I do still believe that we are going to see a descending...