POLONIEX:LBCUSD   LBRY Credits / 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
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