LBC has just broke out from it's long term downtrend and is repeating the exact same reversal fractals it did in 2017.
https://imgur.com/a/7t40732
https://imgur.com/a/7t40732
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View post on imgur.com
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My fractal comparaison with2017 shows we have broken out of the long term resistance and we are currently retesting it, so this should hopefully be the last leg down before the new bull cycle
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I think we have broken the long term resistance in BTC as well and we are currently retesting it, this is perfectly in line with this coin LBC (LBRY) that usually is highly correlated to BTC which imo just broke out too and currently retesting the resistance line. Regarding BTC, on short timelines it is hard to draw the right resistance line but on the monthly all the noise is removed and it speaks for itself, so this could be the last leg down for BTC to levels we might not see ever again!
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The start of the new bull cycle might be very close ;)
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So the USD pair is going to hell due to Bitcoin drop, however the LBCBTC pair is holding quite nicely, from the fractal comparison of March 2017 we should start going up slightly in the coming weeks