Hey all nice E2E on LBA/BTC it looks bad based on the daily candle but BTC dumped out which usually causes this to happen, 2 it gave time for the 100MA to be retested along with the kijun and tenkan.
I like the look of this, the only part that looks so so is the chikou span, but still good R/R of minimum 3R stop loss around 120sats just below the cloud you can...
Cred (LBABTC) bottomed out and is starting to wake up.
I have just a few simple signals for you on this one... Let's start by mentioning that this is the long-term chart on the weekly timeframe.
Cred (LBABTC) Bullish Signals
Massive volume (multiple higher than average)
Break above EMA10.
MACD bullish crossover.
RSI trending up.
- Falling Wedge Breakout & Retest Done in Daily Chart..
- Major Indicators Are Turning Bullish & Volume is Increasing As well..
- Grab Some & Hold it For Midterm..(Expecting Huge Gain in Coming Days)
What is LBA(Creds) ??
A decentralized lending ecosystem that facilitates open access to credit anywhere and anytime based on the Ethereum...
LBA (Cred) (Update)
- Looks Interesting In Daily TF.
- Bottomed Out & Indicators Turning Bullish.
- If Missed it Last Time So Grab It Now.
- 100-150% Profit Potential In Midterm.
What Is Cred(LBA) ??
Cred is a decentralized global lending platform that facilitates open access to credit anywhere and anytime. Founded by former PayPal financial...
Cred (LBA) is an amazing project, with loads of VC backing, it is set to disrupt the entire peer to peer lending industry.
Here is a good entry point
Close the trade if a candlestick closes below the .382 fib
Cred (LBABTC) has been doing great numbers on Bittrex, the chart is pretty impressive, but it might be reaching a top.
Feel free to hit like now so that we can get started, if you want to, and let's take a look at these signals together...
Cred (LBABTC) Chart Analysis
LBABTC hit peak price (all-time high) on the 10th April, on a big green candle and high...