nicktussing77

Like a phone, lol get it?Okay, enough fun, time for the serious stuff.Loopring is at support area, where things are flipping in the bullish directionI don't know the exact point it moves, but I know .1 was an area of support on a past chart.Take this move and probably compress the line, which isn't as accurate and more a guide to show the idea of a potential trend move to the upside.Okay, here is help from AIHere's an analysis based on the chart provided:### Overview:- **Asset:** Loopring (LRC) against USD on the BITSTAMP exchange.- **Time Frame:** Weekly chart from 2023 projected into the future until 2028.### Key Observations:1. **Price Movement Analysis:** - The chart displays a pattern where the price of Loopring has been oscillating within a broadening formation, often referred to as a "megaphone" pattern. This is characterized by an expanding range between resistance and support lines, suggesting increasing volatility.2. **Technical Indicators:** - **Price Levels:** The current price is at $0.04002, with a slight decrease (-0.17%) from the previous period. - **Volume:** The volume on the trading day is 229K, indicating moderate trading activity.3. **Trend Analysis:** - **Support and Resistance:** The chart shows potential support around $0.02700 and resistance at approximately $0.07800. The price has been bouncing between these levels, with historical attempts to break above the upper resistance. - **Divergence:** There appears to be a divergence between the price action and the RSI (Relative Strength Index). While the price has been making higher highs, the RSI hasn't followed suit, which could be a sign of weakening momentum, hinting at a possible correction or consolidation phase.4. **RSI Indicator:** - The RSI is currently in the neutral zone, neither overbought nor oversold, which might suggest a phase of indecision or consolidation in the market for Loopring.5. **Future Projections:** - **Trend Lines:** The chart includes two trend lines drawn in a way that suggests an anticipated breakout or continuation pattern. The upper line acts as a resistance that has yet to be decisively breached, while the lower line serves as a support. Given the broadening pattern, there's an expectation of a significant move, but the direction is uncertain based on this chart alone.6. **Volume Analysis:** - The volume bars show periods of high volume followed by lower volumes, typical in a broadening pattern where the market tests new highs and lows with less conviction each time.### Potential Scenarios:- **Bullish Scenario:** If the price breaks above the upper resistance line with strong volume, it could signal a bullish trend continuation. This would align with the broader market's bullish sentiment if other external factors are favorable.- **Bearish Scenario:** A drop below the lower support line could indicate a bearish trend, potentially leading to a test of lower levels, around the 0.02370 region, indicated by the horizontal line.### Trading Strategy Implications:- **Entry Points:** For a bullish trade, one might look for a confirmation of a breakout above the resistance with increased volume. Conversely, for a bearish stance, a break below support could prompt a short position.- **Exit Points:** Setting stop-losses just below support or above resistance could help manage risk effectively. For profit-taking, aiming for the next significant resistance or support levels as shown might be strategic.### Recommendations:- **Wait for Confirmation:** It might be wise to wait for a clear breakout in either direction before committing to a trade. False breakouts are common in broadening patterns, so volume and price action confirmation are crucial.- **Time Frame Considerations:** Given the long-term nature of this chart, this analysis might be more suited for swing trading or long-term investment rather than day trading.- **Backtesting:** Before live trading, backtest any strategy you might derive from this chart against historical data to gauge its effectiveness.- **Market Sentiment:** Keep an eye on market sentiment and news related to Loopring or the broader crypto market. Fundamental analysis might also be necessary to understand why such patterns are forming, especially in the context of broader market trends.### Conclusion:The chart suggests Loopring might be at a critical juncture, potentially poised for a breakout. However, the broadening pattern's nature implies caution, as it can lead to either a significant rise or fall. Traders should use additional tools like moving averages, MACD, or Fibonacci retracement for more refined entry and exit points. Given the chart's time frame, patience and a cautious approach are recommended. Always remember, in trading, patience can be a virtue, and understanding the broader market context is crucial. Remember, this is not financial advice, and while technical analysis provides insights, it's just one tool in a trader's toolkit. Always consider combining TA with fundamental analysis and market sentiment for a more comprehensive view.

not really, unless something super major happens which is outside of TA and puts the coin down to nearly nothing.Overall, RSI is bearish, but gearing up to move bullish for at least a little bit, at which point, it can reject the short term trend and continue to funnel down or it doesn't and the short term trend ends up moving LRC to the higher price targets.Everything is marked on the chart.This is the Monthly view so really long term viewpoint.Anyway, all the other LRC charts cover a lot of the moves, trends and price targets so this one is staying simple.

Loopring chart update to reflect an unlikely move, but also possible, and also allows for me to add in the higher lines and show the full potential retracement scenario. In other words, buy the dip, but like .9 is around a 200% gain from here. Don't be greedy at that point, be greedy now and on the way up. I'm not sure what else to add.Follow the trends. Something is definitely going on with crypto and the alts. Good luck!!Holding this zone is good, what we'd like to see from a bullish viewpoint is this price level holding followed by a jump back up and over trend, followed by a jump off a trend to get us back on track and still following a path and pattern to see a big upside move.What we'd like to see and what we will see can always be two very different things, so remember that .199 is a very real price target for the next move.big spot for the alt coins.

Another crazy looking chart. Here's a neat chart that gives a picture of BITCOIN when you look at it from a bigger picture. This is a scary point for BTC, it's somewhat on the edge of a cliff. And if you look at the EMA's, There are a few times when they have looked this overextended with the smaller EMA starting to come down closer to the 20. Marked with flags.So what does this chart mean?Does it mean BTC will definitely go to 17k?Idk, hard to say, but what I can say is bitcoin has some weird indicators and weird spring like trends starting to form. Cycle wise, we should be topping out.Which can really take the price down low.But when we project out the numbers, and see BTC as a whole, and then consider where the price could be (100k to 1.2mil) we can see that a drop to 17k before a run to 120k wouldn't be the worst thing in the world as it allows the price to settle over the 50k mark, probably for a very long time. But can we assume a drop to 17k?No. But we can project where a drop with a springlike move to the upside can take us. So to follow the chart, connect the colors. IF drop takes us to blue, and holds, good chance, we head back to blue. If drop takes us to red, assume bounce back is huge. I wouldn't be surprised to see 41 to 38k again in the near future.If we start to break out, catching support at 62.9, watch for a sharp 70 or 80k rejection into a very similar move (steep drop, big return). If downside is sharp and fast, it likely returns to 52k to 62k pretty quickly, which then allows for the same confirmation at 62.9 without the need to return to 17k. That breakout at 62.9 with the downside having already completed should likely be a "launching point" in price, taking us to that 120k price target. Why can we see such a big movement in a short period of time?I'd assume or guess that it has to do with the nature of bitcoin, the news a crash could cause, a rush of institutional buying, and a drop in the overall market, and panic, lots of panic. NOTE:Projection line is a rough guess at best to show an idea, follow the price targets, as again, it doesn't have to drop that far, it doesn't have to drop that fast. But if it does, at least this chart will give you a rough idea of when you could try to buy into that fear.yellow to yellow, orange to orange, red to red. Be careful, no big deal if profits need to be locked in to limit risk and maximize profits. Other than that, no opinion on price movement in short term, I haven't looked close enough.good luck everyone!Alt coins maybe. The barking ones.

I still prefer dogecoinHOWEVER, I think there is a chance to make money on a lot of thingsSHIB is one of those for a lot of reason.Technicals is the focus here so I'm not getting into fundamentalsHere is the chartAll rejection trends, no support trends, however they are all trading in the bullish directionThis chart has some sell targets (light red)Buy targets (light green)Rejection trends (red)Remember, a breakout can go pretty high and overextend this chart. If I don't have a new one by that point covering the movement, please comment because I currently have a lot of open charts and keeping all of them updated is.. not the easiest thing in the world, so I definitely miss old charts at times. I have literally zero issue with anyone ever commenting asking for an update because I'm slacking, wrong or really anything.I'm still bullishThis price is going up because something weird is happening behind the scenes. IDK what, but I have guesses. BUT. Even at a bullish look, there is still a lot of chances to lose a lot of money so don't jump into a dumb trade just because. There is always time to be patient and time your buy even if you miss out of some potential profits.Crypto moves fast and sometimes can really burn you on a high side buy. GOOD LUCK!!approaching buy targetthis a buy target.I'd patiently be looking for entries depending on strategy. Remember, price can go lower. It doesn't have to hold.The bounce off .00002033 (.2031 was the actual bottom on that tick up, and the exact retracement to that level looks great, imo for a move to the upside, which go figure, has SHIB seeing 100+% Something big is about to happen, like black swan big and the market is going to crash and rocket similar to the covid v shape recovery to all time highs, with a slight correction over almost a year into an all time high again.

Really nice trends and price targets defined on this chart.No idea what this coin is.But technicals only, it looks like a really good buy. Support is building at looking to potentially take off for a decent gain, before falling back to trend, which can spark the potential for another big gain.I drew a line to represent something similar to what I'm seeing, but you don't want to follow this line, it will likely be inaccurate and is better for me to backtrack and remember what was going on with each chart at different times. I wouldn't hold any higher than 2.3 or so for sure, but I have a hard time saying it will get there before Nov or Jan of 2024. But.. It is a very real price target for this coin.The downside, percentage wise, is huge. So be careful and watch for a trend break.Price target marked.Feel free to ask if questionsI know I keep these a little quick on the discussion, but I try to make my charts pretty self explanatory. I'm trying to make a lot of charts for earnings, potential market crash and more. I'll link related ideas.climbing well along trend. If it breaks, you'll want to prep for the dip, if it holds, you'll want to keep buying along this trend.With the dog alt coins popping, I'd say the fear into this dip might be the move.either I was wrong about this coin, but I still kinda believe maybe I mistimed it because that is super difficult to do and I can only really get so close and sometimes I'm flat out wrong. BUT I still think there can be something with this coin. So either it is prepping for the big move or I'd say cut losses. But truthfully, I don't know. Technicals are the only thing keeping me on this chart.stupid coin anyway, lol. I'm not sure about this one at all anymore.Every so often I see views on this coin, which has me look back every so often because this is one of the coins I was way off on prediction. So, who knows but theme fits into December as far as ELF name. As far as what I know about this coin, literally nothing other than what I see on charts. As I look at my prediction vs reality of price action, the trend broke and then price support lines where close, which means if you still believe in this coin, it could be undervalued, however, I would check some fundamentals and make sure you know more about it as this chart is 100% chart and TA which can be inaccurate and you always want to make sure you're buying into something that is longer term which allows you at least the benefit of a bad trade returning to a value where you can return a loss or at least break even.

Holy rocketship.Trends and price targets marked.Trend 1 and 2 are fairly significant trends moving in the bullish direction, however they are rejection trends.The third trend is a small downtrend, still significant but more likely to reflect the drop leading right to some massive support. Spartan 300 support line. It holds and rockets, or it dips way below. Watch carefully because the price targets literally go up to $299 without much trouble.That is a rare scenario and more likely, a $8 is likely. Downside is marked. Imo, if it dips below trend, you'll probably want to buy the dip.This coin looked so bullish, I couldn't not share.Good luck.Hope you make some bank!!PLEASE TELL ME SOMEONE CAUGHT THIS MOVEMENT!!I WOULD LIKE TO HEAR FROM YOU IF YOU MADE MONEY BECAUSE OF THIS CHART. PLEASE REACH OUT TO ME. THANK YOU!uh..... I'll be honest. IDK right now. Not totally sure what to say about this one.Almost seems like it needs to step down a tiny bit more, but then it might flip right back to super bullish again.this price and lower forms a buy zone, the zone is big because this coin is volatile and I can't tell where it stops, take that however you want, but hopefully you took it as, I'll be carefully buying the dips.BIG UPDATE:Support trying to build at 5.92 to 6.3 If that level holds.Big potential movement up.Takes us to 12.6 Then that retraces a tiny bit but ultimately takes us up to $18.I would not be buying past like $7. That won't be the time to buy. The time to take on risk is on this dip into support with favorable odds for bulls. Good luck!!!MAKE TONS!!BE RICH!! GO ENJOY LIFE!!I'd put a bunch of rockets and moons here but I don't think I can do emojis. okay. that should cover it.I shouldn't say this because it's a stretch, but 72 is a real price target should this one really just go to space. Then 129. BUT VERY UNLIKELY.$18 is a good exit target, but also it can melt up to $23. STICK TO PLAN, BUY INTO THIS FEAR IF YOU'RE BULLISH ON THIS COIN.IF NOT, don't. BUT DON'T START YOLOING THE DIP AFTER a 2.7% drop around $14. You're already more than 100% behind at that point. Again, can't stress this enough, yes, you could potentially lose buying into this dip and fear, but you're backed up with probability meaning better than normal odds to just accidentally make profit somehow.5.5 is fine so far, the hold here also takes the price to 12.Lower targets take it up higher, but lower targets suck because of the losses, ya know. Watch carefully, but the return move up is big at and below this price. 5.9 and 5.54

Something is going on with this coin on the technical side. There is literally no downside target that I can see right now, so I just labeled in MASSIVE SUPPORT TREND.It looks like it is really close to making a move to the upside.Somewhere around .8Then it will likely hit some resistance there, but has a lot of potential to keep building support and climbing. This coin looks incredibly bullish right now. Things can change fast and if they do it will likely be a break of this trend (green).The run up can take it to .45 and maybe a little higher, but the buy the dip price looks to be around .245. which would then take price higher to over 1 and beyond. I'm gonna go with 3684 looprings for sonic. What even is a loopring?I'll attach more crypto TA to this idea. oh and don't follow the guideline, pay more attention to the trends and price zones.totally forgot about this chart. Does anyone need an update? I'm only going to post one if there are still people actively following and needing a chart for thisThanks for the comments! Will definitely get another chart put up as soon as possible.new chart! Wish I had a better idea of where this is heading, and I do, but I'm not confident in my answer until I see more data on the charts, which could take up to a few weeks, which is why I don't want to give a really detailed projection. I think there is still upside to see, but how much downside do we see before the upside? Can the upside break up and over and keep going? Lots to consider here.Chart is also linked in related ideaspattern is definitely parabolic in the making. A lot of alt coins are. Find one with a low market cap and high potential and you'll be rich.A drop to .26 (Maybe a buy target of .2707) and holding would take the price up to potentially as a high as 1.02One thing is for sure, it's close.Low side is still as low as .1999ishSo do be careful. However, when I get an overall look at the chart, I have a hard time believing anyone buying under .29 would see paper losses for too long of a period of time.okay, that's better, it's following my chart fairly well and I think I have this one decently tracked to where I'm somewhat comfortable saying that you want to buy into this fear. I'm not sure if it is done dropping yet, .1999 is a low side target and so are .14 and .09, possible but for right now, unlikely before some kind of bounce, but again, very possible.I think this is a nice retracement for the alt coins which is going to spring them up another 100%. Doge, shib LRC, ETH, FIL and more all fell right to projections, and the speed of the move will make the upside move a big, steep movement should it occur.I like the looks of .2112 but whatever drop is showing, should it occur, it should be steep, quick and provide a quick return back to current prices.High target I see currently is 2.09 at the max! Here is the bigger picture of the pattern this coin follows.thats probably the buy zoneThis is the dip you want if it holds this mark. It can dip slightly under into .9 but we'd expect to see the spring to take us right to 1.6Good luck, no reason to completely bail on this coin, it has projected fairly well to this point.

ADA chartRSI favorable on smaller charts, not so favorable on bigger charts. Potential to see a dip and BIG run. One support trend. Buy zone markedPrice targets markedPotential to see a wick down to 10 cents, but lots of potential to hold that sub 30 cent price. I'd be patient, and see what happens before jumping in, but having said that, short term could rocket the price, however, it really needs to clear 63, in my opinion. I think the potential is there to see a quick drop to price targets and a run to all time highs, which aligns with a lot of the crypto market.target zone on the upside reached, it is technically a sell target for a potential dip. Does this mean sell asap, no. But depending on your strategy, you may decide to take profits, wait or buy into this range hoping for more upside. Lots of potential moves.this chart still kinda reads bullish.I didn't look very closely so don't take my word for it. Might take a closer look later if time. good luck!Personally, I think our buy zone will hit. There is a rejection point incoming, a sharp downward trend, and a large support trend. It would be much better to see the price hit the lows before the run.Projection gives a rough guess as to what it could look like, but time frame is going to be the question. I would have cash free to buy the dip should we see a strong drop to those low targets, which would be a 40% or greater loss in the short term, but should you buy the dip, you can easily make and save a lot of money on some quick movements. If you're buying to hold, you're simply collecting the dips, following your strategy. As far as price, I think the buy targets marked are the ones to keep an eye for. .34 and .26So turns out that was a great buy zone. at least for now.

Chart is marked with targetsYes, I realize the targets that I've markedWhen it crashes, it might be BIG. It won't make it to 25 without retracing on the way up.I could see it top out around 6.9 in an alt coin pumpPersonally, I'm quite bullish on this coin.moon coin.lol yolo dips. (under 3? maybe??) good luck, see ya on moon.If you're bullish on this coin, these are the dips you want to be buying. Statistics favor the bullish position still.A drop to 2.54 or so bounces support again, however, it doesn't fully need to make that move. I'd say buy, but buy with caution as there may be a slightly better price available before the next move to the upside. Having said that, I'm not entirely sure on the timing, but it will definitely be soon.big, this chart worked out well. Still pretty bullish on cake. but also be careful because this is the up and out zone, meaning it's breakout if it goes higher. If we see the retracement first before any other move to the upside, we'd want to buy the dip as we'd have favorable odds.parabolic with the wedge into the breakout at support right above major support. Looking interesting. I'd definitely take a look at this coin if you're not already.here this is kinda a really bad drawing of my really bad description.really bullish movement to trend on the breakout which is a potential confirmation. BIG. 6.9 can easily go over all the way to 10.2, big range, but also big movements need to be dialed in when the price is actually moving and showing enough data.Still bullish looking, but crypto is showing some signs overall of some kind of massive drop and quick return. Should that happen, this price likely sees 1.9 to 2.4If not, price is likely to jump from this current area and return to trend.