On this chart it can be seen that price is peaking as it moves through the Fib circle levels
First at 1.618, next 2.618 and now it is approaching 3.618 and looking for another move up
I have seen this pattern within the fib circle a lot lately
Buy for the next move up within 3.618
LBC has proven its affection for 0.618
bouncing three times of the fib level
Some trend lines can be drawn between the wicks and a wedge can be generated
Likely will break upward after a breakout of this formation
Scythe pattern present along with falling wedges
This coin is undergoing extreme accumulation
Yellow channel optimal by zone if the bullflag / falling wedge reaches there.
This is the four hour chart,
One of my preferred ideas for LBC :D
Library credits has formed a huge buy signal, supported by the Gaussian channel. On a smaller timeframe this can be seen as a Descending Scallop a bullish reversal pattern. A similar pattern can be seen in the early days of the release of the coin. Huge potential..
Descending scallop, a bullish reversal pattern! I have found to have a high success rate in crypto markets. Best to go long with this one.. I have linked my other idea which shows an 'absurd' Gaussian channel, huge potential in the long term.
