LRCUSDT trade ideas
Play The Algos.Finding similarities to catch pumps before they happen, Theme here is layer 2 scaling and it's clear they're on a similar Algo, is it really hard to figure out what's coming next on Skale(SKL), Skale is also a very good project and I have previous calls on it > see you guys in the future where SKL moons hard.
LRCUSDT long* I was toying with this chart and teaching my 9yo daughter the relationship between chart patterns and market psychology yesterday. Unfortunately, I did not publish my idea prior to the pump. Well...
* This pump may be the result of Loopring releasing news relating to Layer-2 NFTs. More news to be released soon.
* Anyway, LRCUSDT has broken out of the ascending parallel channel, forming both a potential inverse H&S and a cup and handle. Confluence and the levels align very nicely with the fib levels.
* Those who bought in near the bottom of the ascending parallel channel can take profits now.
* Or do so upon completion of the confluent inverse H&S and cup and handle.
* I personally favour the latter approach.
* Of course, nuch depends on DXY (see linked idea).
LRCUSDT is testing the daily resistance 🦐LRCUSDT is testing the daily resistance 🦐
IF the price is going to have a breakout According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
LRC falling wedge breakoutThe price broke out of the formation and is currently consolidating on an important level (0.4066). Claiming this level should trigger more buying pressure.
-- NOTE: In general altcoins started to be more sensitive to bitcoins moves which means some sort of uncertainty came to the market --
TP: 0.4845 (~20%)
TP2: OPEN++
SL: 0.3765
LRCUSDT - Ticker requestLRC is trying to set a weekly higher low. Once the daily trend is changed to the bulls the weekly higher low is set and we can scout a weekly lower high.
Thanks for taking your time to check out my idea 😎😎! Often, my ideas are fast gone from the front page because there are so many ideas on the platform and the algo picks the one with more likes 🤖🤖. I think once I have around 20 likes/idea my idea will be shown in front 🥳🥳. It would be awesome if you could like my idea, (only if you really like it of course) 🤪! I believe that the more we can interact with each other, and share thought about an idea, the more we can learn! 👩🏫🧑🏾🏫👨🏻🏫
Furthermore, I made a challenge for myself, I will add 1 idea for every new follower🦹♀️ So if I have 1 follower each day, I will add 1 idea. If I have 10 followers, I will add 10 🏌️♂️ It’s fun for me and you! More followers = more ideas = powerful community! 💪💪💪 Besides, all the ideas are … FREE 🥳🥳🥳
⚠️⚠️ If you want to know how my previous ideas played out, > push the play button on my previous ideas and check it out 🕵️🕵️
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If you Loop it, then you shoulda put a Ring on it. Get it.. LoopRing.
Not my best one, but I'll let you know when I come up with another one.
LRC is a decent project that does not get enough attention as you would think. To my knowledge.
By the time of this posting, LRC still has a week left for it's Liquidity Incentives round. Incase you were unaware.
Please DYOR (Do Your Own Research)
My posts are obviously not financial advice, if my lame joke was not proof enough.
LRCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
Currently, the price is fluctuating inside an ascending triangle and has broken the resistance ahead, and is fluctuating above the line.
If it can be fixed above the line, it can touch our target over time.
But if it can not move up and penetrate below our resistance line, we consider a fall.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
LRC moving soon?LRC looks like it's ready to move up, VOL decreased, RSI SRSI, and MACD all look bullish in 4hr chart. LRC wants to break this descending trendline that is much better defined on the 1hr chart. I would wait for the price to break the previous support level before entry... Set alarms. Good luck traders
LRC > Time to bounce-back? > Support & ResistanceHello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of LRC.
According to my technical analysis, LRC is going to reach its next Resistance Zone(Potential target). Now, we are expecting a fall to support zone and a rise!
"My analysis is valid until We don't see a breakout from support zone"
I hope my analysis is pretty clear to you guys.
Kindly do your own research and follow proper risk management.
Feel free to share your views in the comment section. Like and Follow!
Best Regards,
Shaswat Naman
TradeThrill, India🇮🇳
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.