Pump and Dump ?This was a really talked about coin in the uphold community can still be bought often times people mistake this one for Facebook's libra ,if that's the case then it may be the reason for the pump in recent months ,I've been watching it and it has really clean breakouts so a break of this wedge has it pointed to .02. Lower levels can come fast so that's why I use 15-20% stop losses wait to see where it consolidates and buy again with a stop. The team is really inactive which doesn't help any coin .
*Not a recommendation to buy ,just my observations and I have positions in everything I post.
CRED
Cred (LBA) - June 21Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
There is an elusive part to buy from your current location.
I think it's a good idea to make a purchase after confirming the support at 0.0108.
If it rises as it is, I think it would be good to check the support above 0.0129 and buy it.
If I get support at the 0.0129 point, I think there is a possibility of touching the important point, the 0.0180 point, in the low section.
I think the most important point in the low section is 0.0302.
The reason for introducing coins in the long-term investment area is that we are increasingly approaching 5EMA on the 1M chart and 50EMA on the 1W chart.
If you have an investment period or extra money, I think it is worth investing.
All investments are made at my own discretion and I am only making suggestions.
------------------------------------------------
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: Resistance point or section, where the counter is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
Cred Inverted Hammer | Over 500% Profits PotentialCred (LBABTC) bottomed out and is starting to wake up.
I have just a few simple signals for you on this one... Let's start by mentioning that this is the long-term chart on the weekly timeframe.
Cred (LBABTC) Bullish Signals
Inverted hammer.
Massive volume (multiple higher than average)
Break above EMA10.
MACD bullish crossover.
RSI trending up.
Plain and simple... The long-term targets can be seen on the chart.
Thanks a lot for reading.
Remember to hit LIKE for more.
Namaste.
LBA/BTC (Creds)|Breakout..!!LBA/BTC (Creds)
- Falling Wedge Breakout & Retest Done in Daily Chart..
- Major Indicators Are Turning Bullish & Volume is Increasing As well..
- Grab Some & Hold it For Midterm..(Expecting Huge Gain in Coming Days)
What is LBA(Creds) ??
A decentralized lending ecosystem that facilitates open access to credit anywhere and anytime based on the Ethereum blockchain.
Please, give us your opinion in the comments.!!
If you like the idea, please, hit the Like button and subscribe to the profile in order not to miss our updates.
Join Telegram Channe l for more analysis - t.me
The information given is never financial advice. Always do your own research.
LBA (Cred) 100-150% Profit Potential..!!LBA (Cred) (Update)
- Looks Interesting In Daily TF.
- Bottomed Out & Indicators Turning Bullish.
- If Missed it Last Time So Grab It Now.
- 100-150% Profit Potential In Midterm.
What Is Cred(LBA) ??
Cred is a decentralized global lending platform that facilitates open access to credit anywhere and anytime. Founded by former PayPal financial technology veterans, Cred has secured over $300 million of lending capital with offices in San Francisco and Shanghai. Cred’s mission is to harness the power of blockchain to allow everyone to benefit from low-cost credit products. Cred brings together a diverse team of entrepreneurial leaders, machine learning, and the power of blockchain technology.
Cred (LBA) Is Doing Great Numbers, But Can Start FallingCred (LBABTC) has been doing great numbers on Bittrex, the chart is pretty impressive, but it might be reaching a top.
Feel free to hit like now so that we can get started, if you want to, and let's take a look at these signals together...
Cred (LBABTC) Chart Analysis
LBABTC hit peak price (all-time high) on the 10th April, on a big green candle and high volume bar. It has continued to grow steadily but without being able to challenge again this peak.
The MACD peaked on the 14th April, marking bearish divergence compared to LBABTC's price. The MACD moves higher while prices are moving lower.
Trading volume has been decreasing on the last green candles, momentum is leaving the side of the bulls.
The MACD histogram is moving in favor of the bears.
The RSI is really strong and the price remains trading above EMA10.
So overall we have a very bullish chart which is starting to show early bearish signals. So there are big chances of LBABTC starting to retrace.
If LBABTC remains above EMA10 (green line), it maintains its bullish potential, but if instead LBABTC breaks and closes below EMA10, with good strength and volume, you can expect a strong retrace to happen that can push the price down to EMA50 at the least or lower.
This analysis is shared exclusively for my Trading View readers, followers, and amazing supporters and is intended for learning and entertainment purposes.
Thanks a lot for reading...
Make sure to hit like if you enjoyed this post.
This is Alan Masters.
Namaste.
