Expecting an improvement in this coin and project itself.
$LBC is in accumulation phase. It's one of those alts with low capitalization, liquidity and huge PPT. PPT can be even higher 5392% is quite conservative based on the chart. Team is quite active in Twitter and GitHub and community as well. Green - buy. Red - sell. It's not a financial advice. Trade carefully and good luck!
LBC, like many other altcoins right now is showing potential for upcoming growth. I'm setting 3:1 reward to risk ratio and 8:1 reward to risk radio and am betting for the growth of this coin. The reasons why I'm doing this is bebcause of the classic 1-2-3-4-5 Elliot Wave Correction and because it's hitting crucial support at 900 satoshi. There is a bullish...
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...
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,...
LBC has lost -0.72% in the last 24 hours and has found support in S1 at $ 0.00002419. Without many fundamentals and low volume this week for the pair, no considerable movement is expected and the price will probably remain in this range. If this current support is broken, the price could go to look for S2 at $ 0.00002307, up, the 100-EMA is the immediate...
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...
FA: Actual working global digital library platform. Great team and consistently meeting roadmap deadlines. Marketcap ~$51M TA: On daily we have made a higher low in accumulation zone. Beginning to poke out of what I'm calling the "bird's beak". VERY little cloud resistance implies VERY little resistance. First target from here should be a quick ~160% gain. Second...
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...
This chart is pretty fun to mess with. DYOR and enjoy the crazy roller coaster that is crypto.
Potential short term bullish trade from lower 3000's to higher 3000's.
An update to my last post on LBC. Looks like a massive bullflag is formed. That and a strong support has been verified. And Bullish Divergence is present. DYOR, this is for eduaction. GL out there.
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...
There is a little bit of everything here from what I see. I'm in love with this chart because its literally a market cycle chart to a exact T. Volume is up, it may be down a little from the peak euphoria of the BTC run, but its still 5x the volume of the last pump. So far the fractals are strikingly similar. Bullish Div predated the last spike. Off of the second...
Tons of similarities about this current fractal LBC is forming right now. Both formed very shortly after exiting the 1D cloud RSI beginning prior fractal =67, RSI beginning current=71 Ending RSI of prior fratal before pump =41.97, Current fractal RSI =42.92 As long as we don't break down below the support line and retest the cloud this one should be good for a...
LBRY is a great project which decentralized media content by using blockchain technology. In the future censorship by youtube could be an issue, we see many content creators already having troubles with monetizing their content and projects like these give them full control! Check out their website for more info. "What is LBRY exactly – is it a protocol, an app,...
As you can see from the chart, on the down trend there was so much of short trades which means trader loves the coin. The good news is it's totally a hidden gem or maybe sneaky coin trying to reach 0.38% level which is the crucial point where it should break above. Keep an eye - Set your alert wait for 0.38 level. The simple formula for Alt-coin is to trade vs...