LBRY's native token has been in decline ever since it hit it's all time highs this time last year, since then we've seen it slowly drop back down close to it's all time low back at the beginning of 2017. Fundamentally the token is sound, the project is one of the few innovative projects in the crypto space and the software is improving all the time. With this...
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.
Good project, good team, great concept. decentralized media sharing platform. needs TIME. lots of bag holders, notoriously slow. patience tester. looking for an entry in the box. LONG TERM. have placed major resistance levels, but these wont matter in the 1-5 year range.
Beginning of the upward cycle Buy zone: 2800-3200 Targets: 8200 13000 17500 Mid term
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...
Since January, on a corrective wave down LBRY Credits already lost 74% to Bitcoin, while the current low has been found at 2400 satoshis. At that level, LBC/BTC rejected the upper trendline of the descending channel, formed back in December 2017. However, after bouncing off the channel, price failed to break above the downtrend trendline, leaving some uncertainty...
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...
Bullish TK Cross followed by cloud entry. Looking for price to bounce to 3878..
Looks like a head and shoulders pattern for LBRY. As you can see there was a strong 600% impulsive wave up. W2 corrective may drop to about 1780 satoshi's. OR maybe the strong impulsive wave up will counteract the effects of a decline from the Head and Shoulders . But if affects of H&S kicks in, we could see a significant drop in value. **** This is not...
FA LBRY is a decentralized, open-source protocol that is controlled by its users. LBRY facilitates a similar experience to services like YouTube, Netflix, and Apple TV... but LBRY is entirely decentralized! TA We have good amount of data with LBC to do some analysis. LBC has gone through a major correction since June-July and has bottomed out at December. It...
I've been day trading a couple coins like LBRY recently because they are so in line with linear high and low resistence. Running an Elliot Wave sequence on our current position you can see new highs on the horizon
LBRY has been on my watchlist for some time now. It basically is a marketplace for artists to upload their content to the blockchain and share it with anybody who is willing to pay a little LBRY. It has been described as a decentralized Youtube/Netflix. The team is constantly developing the product and a new website will be launched in two weeks. I have not...
$LBC Fractals are at play, volume and TF analysis hints that this is a short term accumulation period after breaking the downtrend resistance. Once we exit the blue box the breakout will bring an impulsive move up to our target. Hold for a few weeks and reap the rewards of patience in a month.
LBRY credits has gone under the radar for a while now but the DEV team are still active and publishing updates. It is about to cross over the 100 day MA and this will confirm trend change if it can use this as support. There is increasing BULL volume on the Daily which is a positive sign. A LOT of Bull volume has just come into LBRY. The biggest all year in...
LBRY Credits (LBC) A new opportunity, this coin does good when it takes off. So once you join, make sure you do for long. Buy in: 2300 - 2700 Stop loss: 2155 Indicators: - MACD Positive divergence; never fails. - Uptrend on all indicators (RSI, STOCH & MACD) - Strong bounce from bottom. * All time high 0.000382 (June 20th, 2017) Diversify and stay...