LBC/BTC has dropped to historic lows.
Keep in mind, this is a real company with a real development team creating real software. One of the few shitcoins with an actual team behind them.
When altcoin season begins, pumps will be in low cap coins, just like LBC. LBC has a lot of room to move, as well. The resistance zones are way above the current price.
LBC Ascending triangle, look for break of upper limit. Upper limit coincides with 0.786 fib level. Once broken, we're looking at each fib for targets
Target 1: 1100 sat
Target 2: 1250 sat
Target 3: 1450 sat
Target 4: 1700 sat
$LBC is in accumulation phase. It's one of those alts with low capitalization, liquidity and huge PPT.
PPT can be even higher 5392% is quite conservative based on the chart.
Team is quite active in Twitter and GitHub and community as well.
Green - buy. Red - sell.
It's not a financial advice.
Trade carefully and good luck!
Looking at LBCBTC 1D
Sitting at the bottom of the range
Also sitting on the POC
2 very nice notched in VPVR that needs filling
Very healthy OBV with positive flow
Willy not yet stupidly over sold
Would like to see some divergence in histogram
Broken out of downward trend
Target is the 382 fib which is former resistance
* Don't forget to hit that like button and...
At the moment, there is a minimum price range for this market, as you can see, the absolute minimum has recently been reached. In the long term, a rise in MACD is seen, at a time when the price was falling. Such a divergence gives the market a good chance to make a rebound and step significantly higher. The RSI periodically was in the oversold zone, but now...
Here I follow the MV strategy
We observe three indicators
When the MV 14 is breached from the 28-day MV-28 index, the purchase is done with stop loss
As the diver completes up to 50 MV and the price starts to move down the upside move is confirmed
Here we find JUL 1/2018 The price started to move upwards and prices started to move above the...
LBC, like many other altcoins right now is showing potential for upcoming growth.
I'm setting 3:1 reward to risk ratio and 8:1 reward to risk radio and am betting for the growth of this coin.
The reasons why I'm doing this is bebcause of the classic 1-2-3-4-5 Elliot Wave Correction and because it's hitting crucial support at 900 satoshi. There is a bullish...
LBCBTC is at long term support and is currently sitting at the bottom of the buy channel. Additionally, RSI is starting to turn up even as new lows are made (bullish divergence).
If interested, I would use a relatively tight stop as you'd be in uncharted territory (literally) if it breaks the last support.