wmcphail

Solana 3 month speculation. NFA -- ideas are my own. Text is there to help guide you on the thesis. This was just something fun I made on a Friday. This type of price action could occur if an ATH run of BTC is playing out alongside it. We shall have to see with seasonalities and changing market conditions.

BTC Breakout of 28k rejected, LTC to resume back into descending channel?

BTC Breaking down out of its consolidation. To me, it looks like a head and shoulders on the 4H.

Double bottom pattern on the OB, riding long and grabbing some pips. Thanks!

PLEASE POST HOW YOU SEE THINGS in the comments!!! I love hearing from others; I am always looking to gain a new vantage point. Let me know what you think!

for my own purposes; mock long position; want to work out the trade on paper or google sheets; R:R/ margin / leverage; practice

this post is for myself to track my own ideas; brief description not really needed here, just filling up character limit... thanks trading-view but yeah idea is a projection of a sin curve w/ tilted angle; don't know what candles will say; look like inflection point on 200 Day SMA if BTC relief rally --> ETH rally --> ALTS rally as rising tide lifts all boats; not fin. advice

With minimal costs and fast speeds, LRC competes in the L2 space as a better version of ETH. GameStop intends to - and is rolling out - their NFT marketplace using Looping which competes for the 39B NFT pie. The AMM Liquidity pools on loopring.io offer .2% trading fee for liquidity providers on all swaps, totaling to around ~17% APR. This is really good for people trying to hold and grow the platform. TVL in LRC is currently 325.92m. But TVL for LRC in the AMM pools on L2 sits at ~70B. My hypothesis is that LRC has the technology, momentum, and intrigue to continue raising capital from investors. I could easily see TVL gapping up massively to around ~1-2B. From there I could see it gap to 20B in the decade to come. DeFi-Lama reports that current TVL for all of crypto currently sits at 212.2B. Loopring is coming to eat that lunch sooner rather than later. Overall, I think LRC is poised for a breakout. My eyes are peeled.

Average weighted price is currently 1.50. The current price of is .99 cents. LRC is a fantastic project integrating ZK-Rollups to reduce tremendous transaction costs. It's being picked up by big institutions and the API / back-end is well maintained to support development. Overall, fantastic product and ecosystem. I recommend it. Big adoption will be by main-players. Instagram, Twitter, Google + YouTube, Apple, GME, etc. I think the weekly time-frame is important when looking at places to park money in, unless you are scalping with high leverage. Not really sure, as always, let me know what you think. I think it has potential, and that's why I'm flagging it as an opportunity to share.

This is my TA for Loopring (LRC). I believe this token has the ability to double or triple in market cap in the coming few months. I think the risk to reward makes sense for this trade. Let me know what you think.