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LBC has just broke out from it's long term downtrend and is repeating the exact same reversal fractals it did in 2017.
buy between the two levels
0.046 until 0.023
we recommend to buy this coin in separate orders.
we will buy 20% at 0.042
than another order if the price goes down it will be probably 0.0235 - 0.03 usd
if price goes UP we will buy around 0.465 another 20% of our budget for this coin.
we will NOT use a STOPLOSS this time because we will buy in separate orders
LBC corrected during a long time and adopted a well know kind of ABCDE triangle correction. I expect LBC to consolidate near D & E levels before a good impulse up and behave like past correction cycle and form. I expect LBC to test 0.08 then stabilize near 0.06. I will be looking for a structure to confirm my projection in the mid term. Overall i will ...
This idea depends on how BTC will behave in the next few weeks and how Bitcoin ETFs will impact the cryptocurrency market in general. LBC is currently ranked #289 with a market cap of $20.30 M USD. With a line of good releases this year and potential good news LBRY could easily retest the all time highs or even go beyond that. This coin has previously behaved ...
You see the old projeciton structure in this chart. :
Right now, i see LBC going to test resistance again. These are huge and price is compressed between huge resistance and huge support. I still have the maximum profitable target buy zone for ...
Making this workld on demand. LBC seems to start a little retracement (ABC) after testing some major resistance.
overall LBC looks like it have enough momentum to keep up price gain on the mid term
LBRY Credits currently finding the support near $1.4 area. This is the level of the previous support established back in April 1st. The current support is also confirmed by 261.8% Fibonacci retracement applied to the corrective wave up after the breakout of the ascending channel. At the same time this support corresponds to the 327.2% Fibonacci channel trendline, ...
Just playing around with LBRY's fractal patterns... looking good, if we continue to play out the same pattern we could see a decent 800%
Time will tell.
LBCUSD may still move down some more before move up
Buy at $ 0.22
StopLoss for now at $ 0.1845
Target 1: $ 0.275
Target 2: $ 0.325
target 3: $ 0.465
target4: $ 0.582
Target 5: $ 0.862
Following the previous idea on LBRY Credits, price has reached the upside target, that is $0.3 resistance at 38.2% Fibonacci retracement. Not only it has reached the resistance but it broke above it, suggesting continuation of the uptrend.
The next upside target is seen at $0.64, that corresponds to the 127.2% Fibonacci retracement level as well as the crossing ...
LBCUSD retracement still not completed
LBRY Creadits downtrend could have come to an end, as price found the support at 0% Fibonacci applied to the uptrend trendline breakout point. The support has been rejected cleanly followed by the break above the downtrend trendline.
The chances that the corrective wave up will follow are quite high, although this could take some time. Price still could go ...
If it continues down that descending wedge for a few more days it looks like it could go crazy. But how does the entire market play into that? I'm very amature here any experience wanna help? As in, considering how bad bearish the market is right now will that affect the chart etc or does it still have the potential to pop? Or will it just be a small one if it ...
LBCUSD looks to stay in a range for some time
I attempted to point out one of the solid chart patterns above. This is on Librabry Credits. We are in an Ascending Broadening Wedge.
I think LBC is in a pattern now that will see us move north and possibly we see a little resistance as we cross the 200 Day ema, but if so we can initiate a stop below the EMA, wait for the break North and trail north until we ...
Not much to say here my TA says all.
active when the price broke the green trend line