See y'all at the Top $LABSLSE:LABS looking like it's ready to absolutely run. Going heavy on this one
LABSUSDT
$Labs to make a run$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 800% Potential From here ( Kucoin GEM )#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 can see 800% Potential ( $0.040 ) from here.
Support:- $0.0042/$0.003/$0.0025
Resistance = Targets
LABS - breakoutLABS 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 showing harmony in the market between price action and volume. It rejected off the 0.5 fib based on the corrective wave of the smaller wedge and currently heading back to the BOS line that it should now be support and where the golden fib is located after this initial break out.
Expecting this to continue higher over the coming weeks with momentum increasing on the MADC.
I DCA’d on this while it was cheap at 0.009 based on my analysis posted on October 9th as I was waiting for the correction to come back into the major trend which it did and respected it.
Time to Accumulate some LabsBuy: 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.
Perfect to Buy LABS with 100% potential profitKUCOIN: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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