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.



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


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

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