LBCBTC
LBCBTC - LBRY Credits with great potential 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 has started to pick up and is showing bullish divergences (one of the main things I look at) and looks set to test the resistance at 10k sats. Stoch RSI is pointing up as well so 1d candle looks good!
This should follow similar behaviour as STRAT so expecting to moon sometime in the next few months.
This is a strong long-term trade.
LBC/BTC3h trading above the cloud, Stoch RSI looks good, Heikin Ashi has more than 3 green candles and it already touched 100% from original entry 18 days ago
This may still be a good entry after it breaks the daily cloud (blue area)
and we may rally up to the 3d cloud
Current Elliot Wave set can become the leg of a larger move.
We also can head to a new all time high.
This idea updates
$LBC TradeLBC looks healthy. Accumulation. RSI all positive.
Cloud exit on 1D, has potential to really run with this setup.
Compare this volume to the last run, and this alt looks super cyclical (alt life cycle) and its got huge potential.
GL.
Not financial advice, DYOR and DD.
@CryptoTout on twitter for more charts
LBC 493%+ profitsLooking at this coin we can easily see long term gains in this coin.
The macd shows a promising steady growth from hitting a low for so long
This coin is now bullish breaking all resistance lines of the Ichimoku cloud and lines
We can see the coins previous gains and highs, this coins is at its low and is in a good position to buy with its recent bullish movement
200% profits is easily reachable, if you'd like to hold longer you can aim for 400% and more in profit.
Entry
0.000045-0.000064
Stop Loss: 0.000035
Targets
.000098 53%
.00013 103%
.0002 (strong resistance here) 212%
.00026 306%
.00038 493.75%
LBC Can Go Up A BIT.Take Caution For BTC bounce up please.Buy your alt coins with partially not full at once and use %5 of your capital as my advises.
Here in this analysis LBC tested our Accumulation Area. Broke its Resistance and now using it as Support Level. Take Profits level are shown in chart. Please don't forget to manage your postions and put stop-loss limit.
(I won't put stop in this one bought in accumulation level sharing later on sorry for this one totally forgot to share.)
Potential Loss/Profit Play : %50/%2500
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Ref Binance: www.binance.com
Ref Kucoin: www.kucoin.com
For TIPS :
BTC : 14rMykknikABAyYhBAMg5JwPGnjgbE4UWJ
LBC ready to move?I do have a position on this coin currently. Based on TA it seems very ready to make a breakout here.
Volume and RSI recently really picking up even with the holidays slowing (some coins) this one seemed unaffected.
Good shot at +50% or more in the next few weeks.
Just a puppy in this, not advise. GL
LBRY: longterm textbook breakoutLBRY 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 entered LBRY before since it has been going down since its listing on bittrex. However, the volume has gradually been increasing over time and is peaking at the moment. It also broke out from the long term trendline fully according to the textbooks as you can see below. The trendline has been tested a few times and after 3 failed tries, it finally broke through the trendline . This trendline has now successfuly turned into support as shown by the fact that it got retested twice. This is usually a verry bullish pattern .
Not sure how this will play out in the short-term since BTC is also moving again and no clear pattern is forming at this point. But I'm confident that with the attention this coin is getting and the constant development, we can see a very nice return in the longterm (see targetboxes).