mablack15

LBC/BTC - Bouncing off Fib Level

Long
BITTREX:LBCBTC   LBRY Credits / Bitcoin
LBC/BTC is looking pretty good in the short term for a swing trade. I meant to post this earlier but got caught up with work. LBC has been playing pretty well with the fib retracement from its last serious correction. I am buying in at the 360-370 sat support on the green line. The coin is starting to break out so if you didn’t get in, it’s not too late. But as the ship begins taking off please take caution. Technicals on the 1H look great so I’m hoping to hit a few targets.


Entry: 360-370 sats (if you don’t want to wait, you can still enter below 400 sats)
Stop Loss: 350 sats
Targets: 400, 415, 440, 460 sats

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