$Labs is bound to breakout soon. Price action is forming a symmetrical triangle, and volume is diminishing
which is what we like to see before a violet breakout.
Target is a shown. Good Luck !
#LABS/USDT TA Update:-
$LABS Currently trading around $0.0047
After Breakout It gave 65% Profit and From Retest level its 150% Up.
Now..?
As per chart $0.0042 is strong support level.
So That would be best entry IMO.
Entry:- $0.0042-$0.0047
Targets:- $0.0068/$0.0098/$0.16/$0.024/$0.04
Stop Loss:- If not Hold $0.042 Support
IMO if hold $0.004 Level then we...
LABS Update
1D/4H Charts
Labs came in to the 4H demand and golden fib having been accumulated with lots of doji’s formed on the daily showing equilibrium between buyers and sellers.
It formed another smaller falling wedge having broke out of it with supporting volume creating a new structure forming a higher high and currently correcting with lower volume...
Buy: 0.007 - 0.009
Stop Loss: Hourly close below 0.0065
IMO the Corrective wave has finished for LABS. If BTC remains stable I think we could get a nice move from it soon.
KUCOIN:LABSUSDT It can be seen on this chart that LABS had touched support and would go up in a zigzag like the pattern I made. My goal is 100%.
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