Short LRC

Loopring (LRC) is a L2 blockchain built on Ethereum. It is a protocol to facilitate the construction of Decentralized Exchanges (DEXs).

Prices broke the longterm weekly trendline and was rejected after retesting it.

A proposed short setup with R:R = 2 is in chart.

To see better the price action, here below is a bigger view (on 1W TF)

Not

LRC was down, 9% of profit from entry

Not

LRC is still slowly bleeding (with low trading volume) with negative and doubtful sentiment of markets. The final target is still on the table but one should book a partial profit (10%) here.

İşlem elle kapatılmış

LRC's trade has reached 16% profit.
BTC and the whole market are strong. Better close trade here and wait for a reactivation later.

İşlem aktif

Trade reactivated

İşlem elle kapatılmış

Trade closed because BTC has some early sign to breakout
specially with MFI (to be confirmed)

evasivesteering

Aynı zamanda::

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

evasivesteering

Aynı zamanda::