LRC - Sine Line Says: Bullish!Hello TradingView Family / Fellow Traders! This is Richard, also known as theSignalyst.
The picture says it all!
📈For the bulls to take over and ignite the next bullish wave in line with the Sine Line cycles, a break above the $0.12 structure marked in blue is needed.
📚 Reminder:
Always stick
LRCUSDT | Weak Support, Strong Resistance — Proceed with CautionLRCUSDT is trading between clearly defined zones, where the red box acts as a significant resistance and the green box serves as a mild support level. However, the critical detail here is that the support does not appear very reliable — and that should make you extra cautious if you're planning to l
LRC: BULLISH divergence on daily chartBullish Divergence Confirmed:
Both the RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) are showing bullish divergence on the daily chart. While the price has made a lower low, the RSI and MACD have formed higher lows, indicating weakening downward momentum and a potent
LRC/USDT – Horizontal channel. Continuing to work.Loopring - is an open protocol designed for building decentralized crypto exchanges.
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Since the publication of my trading idea, the price has reached the resistance zone of the inner channel at $0.3338 (+158%). From there, it retraced back to the support of the outer channel,
Loopring (LRC/USDT) Daily Chart Analysis📊 Trend: Bearish (Descending Channel)
🔹 Key Levels:
✅ Support: $0.12 - $0.13 (Demand Zone)
🚀 Resistance: $0.18 - $0.35
Market Outlook & Strategy
🔸 Bullish Scenario: If LRC breaks above the descending channel, it could aim for $0.18 and potentially $0.34.
🔸 Bearish Scenario: If price fails to brea
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.