tusila

LBC does what BTC tells it to. Currently breaking below 0.5 loc

BITTREX:LBCBTC   LBRY Credits / Bitcoin
LBCBTC is currently breaking down the 0.5 fib of a down subtrend of an upward retracement of a bigger trend. Although, one may find some upward curling on lower timeframes, those a reflective of the BTC moves, and many expect BTC to continue retracement. We can easilly break through 4500 (0.382 local fib), if BTC retraces to 7500-8000 - Id buy more at 4482, had i had any spare cash left
On the opposite - perfectly touched 9365 (0.718 fib of the more global retracement upward) will be the target, should the direction change (like McOvfefe tweeting BTC is going down?)
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