Double bottom on the daily, breakout probably mid September tho. Oversold.
accumulating, anything under .008 looks a good buy DYOR
Here, I thought it would be interesting to look at correlation coefficients and explain the inefficacies of measuring percent change in trying to understand complex behaviors and relationships between some of the top digital assets and some of the newer ones. Percent change is useful for measuring volatility. It shows where there is a lot of price movement, and...
Open beta for LBRY.IO is coming soon, meaning when they hype comes it will be a straight moon shot. More buys than sells means noobs are selling into whales who want cheap LBC without jacking up the price.
Technical Analysis LBC has been completely exhausted and now has a lot of wiggle room to propel upward. As LBC dips slightly more I will look to buy. On the HTFs Bullish momentum looks like it is about to kick in we are at this point just waiting for the Smaller Time Frames to correlate and catch up to what we want to do :)
LBC looks like it might be poised for a rally once BTC price settles down a bit, cup and handle are potentially forming but need to wait for confirmation, the handle is right along the lower bollinger band and we should look for it to touch .14k or the FIB line before curving and trying to break 20k resistance and other poential resistance levels above. Target 1...
A pennant seems to be formed in LBCBTC. Further breakout is possible when pennant breaks to the upside (mind the oversold STOCH RSI). However, when pennant breaks to the downside, price may fall to around 13.7 - 14k, assuming it will bounce on the larger triangle we can see when zooming out on LBCBTC.
As we can see on the chart; buying signal happened. It should be the end of wave 2; announcing that wave 3 will be up soon.
This is a raw, long-term, long trade idea for LibraryCredits based on the market's relative respect for key fibonacci levels, the formation of specific types of candles within the last few days, as well as consistent, long-term formations of higher highs and higher lows throughout the price action history. We set our profit target (an ambitious 77%) based on the...
Looks like double bottom pattern. With the upcoming BCC split and people moving back BTC into cheap alts, we could see a general rise in the altcoin market. LBC has released MVP for closed beta already and open beta is coming. If we break 15500 it looks really bullish. Stopp loss should be abit under 11500, when it breaks support. Anything about 21000-25000 I...
LBCBTC may trigger soon. But it depends on BTCUSD, therefore all eyes on BTCUSD. When BTCUSD triggers, LBCBTC will also trigger.
#StatusUpdate LBCBTC LBCBTC broke through the trend line and the EMA's 20/50/100. Might retest support and afterwards test resistance (~ +31%).
chart looks like a lot of alts, held trendline beta release soon if the platform gains traction and pulls content creators from youtube, which is logical with greater financial incentive and censorship resistance, LBC gonna moooon grab some if you're not already in
Description inside
This is a very good breakout from descending resistance :) hope you follow along!
H&S w/ low volume after the price runup with the trend looking downward, Twitter whales stopped hyping the pump (anyone see $KORE this weekend? lol). With Open beta is coming in July we might see a couple good entry points in the coming days, not sure if those pink lines form a H&S on the 8-12h I dont have pro?