LOOPRING LONG SETUP LRC/USDT
Loopring currently sitting down at the .886 and at the POC of the entire range and printing HL and HH
for a market structure change .
I have measured some regions on the chart pulling Negative Fibs and Standard Fib retracement tool for areas of confluence
although I have kept some info at a minimum to keep the chart looking clean .
I decided to take away all the Daily/weekly levels except for a few as these areas will add to the resistance at those regions.
Not all levels are displayed again just to make it easier to read so pls do add your own levels if need be .
FIB Speed fan also used from High to Low and aligns very well with our areas of confluence that are highlighted.
As seen in the chart I have outlined 3 regions for taking profits but its your responsibility to determine your own
invalidation and entry .
If BTC decides to drop then no alt coin will hold regardless of how bullish the asset is so ensure to follow your Risk management plan
and have awareness of BTC.
for a market structure change .
I have measured some regions on the chart pulling Negative Fibs and Standard Fib retracement tool for areas of confluence
although I have kept some info at a minimum to keep the chart looking clean .
I decided to take away all the Daily/weekly levels except for a few as these areas will add to the resistance at those regions.
Not all levels are displayed again just to make it easier to read so pls do add your own levels if need be .
FIB Speed fan also used from High to Low and aligns very well with our areas of confluence that are highlighted.
As seen in the chart I have outlined 3 regions for taking profits but its your responsibility to determine your own
invalidation and entry .
If BTC decides to drop then no alt coin will hold regardless of how bullish the asset is so ensure to follow your Risk management plan
and have awareness of BTC.
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