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Loopring / TetherUS

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LRCUSDT trade ideas

A continuation of my ideaContinuing my LRC idea - waiting for more confirmations of trend movement, but It is starting to look good although a little underwhelmed at the response of the recent news. Volume needs to pick up considerably for us to break the next few upcoming areas, but with all the information coming in we really see it pushing sideways for months as an accumulation phase begins. To reiterate what we said in our previous posts - we are still looking to remain under 2 dollars until August. People say TA doesn't work but that's only because they don't understand what they're doing. It is achievable for the regular person to turn 5k into 100k with, of course, some ups and downs. This chart here is a very basic look dumbed down to show a new person what they're looking at and to give me clarity when I come back to look at it like speaking ideas out loud. TA is much more involved and complicated than just this chart with 3 indicators. It took me 4 years to really understand and get my emotions under check.
Long
by Bobron
6
LRC LoopRing breakout but don't chaseLittle bit of an accountability video from me. I believe I posted here yesterday, my elliot wave prediction for LRC. I was wrong. It broke straight through my upper negative resistance trend and has now hit it R2(..? 🤯) weekly pivot. I'm still going to be posting this in a short position for LRC, because I do still believe that we are going to see a descending triangle breakout. In this video I also share about how important it is to locate, chart, and follow your positive and negative trend/channel convergences. Watch till the end to get a little advice on using the strength index. PATTERNS , baby.
Short
by FutureAmericanExpat
LRC $3-4 if market stays favorable This would be a beautiful way to finish off the 5th wave for LRC. the macro 3rd wave hit a 4.32 extension. A lot going on in this chart. smaller yellow impulse is all that matter right now. wave 1 and 3 are in creating a 4th wave as I write this. Interestingly enough the 3rd wave didn't hit a 1.618 extension so lines up that we could have an extended 5th wave here. Brining in some nice 50%+ gains. Price target short term for yellow 5th wave is 1.57.
Long
by A-GermanUFO
4
LOOPRING (LRCUSDT) MID to Daily tf Range Updated till 23-3-22LOOPRING (LRCUSDT) midtier to Daily timeframe range. if you look at the hyper aggressive pump from November 2021. you can be sure about that its a high risk and reward alt without any doubt. from its top to bottom its provided some reasonable swing positions. the dump from its top was not as aggressive as the pump which is a surprise and it tells why those swing positions are reasonable here. its pretty straight forward chart here. from very basic rules of TA if one can utilize its range could end up in profit from both sides.
by cryptoforever1