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 divergence on RSI and also bullish crossover on MACD which indicates the potential bottom. Ichimoku is not showing any signs of recovery unfortunately, but due to everything written above, I think that this has very good potential to start growing.
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 divergence on RSI and also bullish crossover on MACD which indicates the potential bottom. Ichimoku is not showing any signs of recovery unfortunately, but due to everything written above, I think that this has very good potential to start growing.
Note
Accumulating more at these levels. Chart is showing signs of accumulation based of short spikes of growth.
Note
This thing is lookings like it's going to pop at any moment. The highest buying and volume in general has appeared since March 1st which was almost 8 months ago.
Very good short term and long term sign.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.