Hello Traders and everyone, I AM HADI KARAALI, KNOWN AS SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
LRCUSDT, as we can see from daily time frame price is clearly overall bearish
Making clean lower low and lower highs
However, price is now forming a new swing high around the trendline we need for the swing to be completed...
Loopring ( LRC ) Price Prediction 2022
Loopring ( LRC ) holds the 90th position on CoinGecko right now. LRC price prediction 2022 is explained below with a daily time frame.
The above chart of Loopring ( LRC ) laid out a Descending Channel . Descending channel also known as the falling channel . A descending channel is formed by two parallel trendlines . The...
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.
LoopringUSDT chart after consolidating at bottom showing a breaout
Also Rounding bottom formation at base & after small breakout again consolidating in small range from last 4-5days
Positionally looks good above 1.232 levels for positional target of 1.45/1.63 with SL of 0.81 levels
Above levels are for education purposes only
Do your own analysis...
Loopring has been consolidating in a range and lately testing the upper resistance. It has also been able to close above 200 EMA and looks good positionally above 1.2322 for a positional target of 1.669.
Buy positionally in spot and intraday in futures.
Learn & Earn,
Dr. Tanya Kumar
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...