Loopring seem to be forming a Bull flag on a weekly. Prices are quite stable and holding the levels. The breakout would be huge for sure. Let's hope btc won't spoil it.
Technical analysis:
. LOOPRING/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 40.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001310 to 0.00001110). if so, traders can set orders based on...
#LRC has been doing good from past weeks irrespective of #btc movement,
check out here my chart it has formed potential inverse head and shoulders at the movement.
Target-2100-2200
#current 4th hr candle looks good and bullish one
get in now and thank me later
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Technical analysis:
. LOOPRING/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary...
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...
chart looks bullish and all indicators are giving looking gud and ready for breakthrough.
Also have upcoming events: LRN airdrop for LRC holders.
LONG LIVE CRYPTO!!!!!
