POLONIEX:LBCUSD   LBRY Credits / US Dollar (calculated by TradingView)
LBRY Creadits downtrend could have come to an end, as price found the support at 0% Fibonacci applied to the uptrend trendline breakout point. The support has been rejected cleanly followed by the break above the downtrend trendline .

The chances that the corrective wave up will follow are quite high, although this could take some time. Price still could go slightly below the $0.15 support or produce a double bottom prior to moving higher. The very strong resistance area is based near $0.3 and could be the key level in the medium term future. Break above $0.3 should confirm the trend reversal, while rejection could extend the consolidation.

Trade closed: target reached
Comment: It might correct down now, but if it breaks above, long term uptrend shall be confirmed
Any new ideas on this coin? :) Would love you to check my idea about this coin and get your thoughts. Looking forward to see updates on this one! :)
HiTech Poukitoun
@Poukitoun, It'll moon
HiTech Poukitoun
@Poukitoun, will try to do idea shortly
+1 Reply
Great Great Great!!!

I missed this unfortunately :(
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