Loopring (LRC) formed bullish Cypher for upto 31.5% rally


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Hi dear friends, hope you are well and welcome to the new update on Loopring token.

On a 2-day time frame chart, the price action of LRC has formed a bullish Cypher pattern.



https://www.tradingview.com/chart/LRCUSDT/u272tZy2-Loopring-LRC-formed-bullish-Cypher-for-upto-31-5-rally/



Buy and sell targets:
Buy between: $0.5316 to $0.4894

Sell between: $0.5648 to $0.6445

Stop loss:
The maximum extent of potential reversal zone $0.4894 can be used as stop loss.

Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 31.5%, and the loss possibility is 8%.


Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.



For more harmonic trading ideas you can join:


https://www.patreon.com/moon333



Link for Binance exchange, the best place to buy or sell Crypto:


https://www.binance.com/?ref=11256882

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