Loop Ring (LRC) is Heading Towards 0.000265 BTC (254% Profit Potential)
SUMMARY
Loop Ring (LRC) is just about the initiate the handle formation of the Cup & Handle pattern. It likely will coincide with wave 2 and so the most ideal time to cast the buy ladder will be at the terminal end of the handle pattern. The reason for such commonality of these Cup & Handles is mostly related to the uniformity of sentiment across the cryptosphere. The Elliott Waves show wave 3 to target 0.000233 BTC and wave 5 to tag 0.000265 BTC or 254% profit potential!!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**
