- Loopring is currently trading and making a wider base
- Loopring is Trading at a real sweet spot to get picked up
- Loopring can easily throw up 50-100% from here
- Keep yourself positioned in Loopring for 2-3 quarters if you wanna double your money with patience
- The only downside protection here is 10% I am not going to risk anything beyond that risk on...
As a trader one must always look for a High Confluence setup. At least 3 technical points should meet at each other to be called as high confluence setup.
In this case of $LRC
1. Price crossed trendline
2. Support zone successfully retested and created a demand.
3. Price also reversed from 50% Fib retracement.
I am loving this, I am taking trade in it with entry,...
LRCUSDT target & ideas
A bullish symmetrical triangle is a bullish continuation chart pattern, the movement preceding the triangle's formation must be bullish.
Lrcusdt kissed botton support on 4hr chart near to break triangle patten, you can start entry in part buying.
Banned from Reddit loopingorg for life for posting this as a meme at the 'to the Moon' paperhands guys.
LRC needs to get back into and above now or it's going to take its sweet time getting back to its original trend line. 60-70 cents.
*There is NO resistance down to 60 cents*
LRC has shown reversal signs, but hasn't shown any sign of real strength to...
* LRC in Daily time frame forms a Symmetrical triangle pattern.
* Symmetrical triangle occurs when the price consolidates between two parallel trendlines slightly sloping towards each other. The price is squeezed until it breaks the pattern.
* Symmetrical triangle is considered to be either trend continuation or trend reversal pattern depending on the pattern...
LRC Formed Multimonth Breakout in weekly pattern, Start Accumulating at Current price for the target of $6-7$ within 2 years..Which is almost 600-800 % return.If we see past the History of LRC it formed a pattern and given a good return.