May be forming a large W with the inner M formation acting as the 'lips' for the W structure.
If this scenario plays out, congratulations to all the holders.
Your patience through a very volatile coin has paid off.
At first glance you probably think "what is this sorcery?" But take a closer look, symmetry helps with these formations.
A close up look at LBCUSD as of time of writing.
Wicked run following the downtrend line. Once it touch the uptrend support (violet), this is where we continue upward or dip in a dirty reality of BEARNOIDs.
Regardless of VOL I am cautious as considerable connection with BTC is in play (in some occassion, heavy drop from BTC does not affect LBC)
LBC wich could be the next Youtube but decentralized looks like its going to explode soon if the W pattern plays out ! It bounced already of the FIB 0.618 ;)
Reached the top of the Gaussian channel on the weekly chart
Even though this looks bearish
I would not recommend selling if you are long, as the Gaussian channel is absurdly thin, and looking to turn green for the first time in years.
Replace youtube? - My opinion.
LBC is an ascending channel
a flag has formed which could be acting as the flagpole for a strange bull flag
LBC has performed incredibly well so far
lets see how much steam she has left
If u notice guys...Price has bounced for over than 135% after touching the POC of volume Profile(pointofcontrol) so it's verystrong buying zone...and if u notice also..Price is Over the MA200(The best moving support and resistance)...we are building triangle ...for safe trade people
must wait untill the breakout..but me as a longterm player..i m gonna buy now and...
LBRY has made a bullish break out of the fibonacci spiral
LBRY still needs to determine its fate entering a new fibonacci ring within the circle.
LBRY has also formed a bullish scythe on the USD pair, one of the best scythe examples ive found so far.
