LBCUSD Ascending BroadeningOn this chart it can be seen that price is peaking as it moves through the Fib circle levels
First at 1.618, next 2.618 and now it is approaching 3.618 and looking for another move up
I have seen this pattern within the fib circle a lot lately
Buy for the next move up within 3.618
Lbclong
LBC 0.618 Proven SupportLBC has proven its affection for 0.618
bouncing three times of the fib level
Some trend lines can be drawn between the wicks and a wedge can be generated
Likely will break upward after a breakout of this formation
Library credits - A closer lookScythe pattern present along with falling wedges
This coin is undergoing extreme accumulation
Yellow channel optimal by zone if the bullflag / falling wedge reaches there.
This is the four hour chart,
One of my preferred ideas for LBC :D
Library credits - A weekly opportunity - Gaussian analysisGaussian channel turning..
Looks great for long!
A radical LBRY Idea - WMay be forming a large W with the inner M formation acting as the 'lips' for the W structure.
If this scenario plays out, congratulations to all the holders.
Your patience through a very volatile coin has paid off.
At first glance you probably think "what is this sorcery?" But take a closer look, symmetry helps with these formations.
Library Credits Fib Waves - 1.618Looking for more bullish continuation through 1.618
linking my fib waves idea
cheers
LBC Furthering the moonshot?LBC is an ascending channel
a flag has formed which could be acting as the flagpole for a strange bull flag
LBC has performed incredibly well so far
lets see how much steam she has left
Library Credits Bullish BreakLBRY has made a bullish break out of the fibonacci spiral
LBRY still needs to determine its fate entering a new fibonacci ring within the circle.
LBRY has also formed a bullish scythe on the USD pair, one of the best scythe examples ive found so far.
Dartboard fractalcomparison of IOTA and LBRYcredits showing a potential breakout within the 1.618 Fibonacci ring.
Big money to be made here.
LBRY Rising WedgeRising Wedge on lbry credits, even though this is short term bearish.. i recommend going long on this coin
Nice scythe formation
Also a nice descending scallop
LBC, GAME, REP ComparisonBullflags? This formation is present across these three coins, i'm sure you'd be able to find it other places, looks quite bullish. All three are currently sitting above a long term resistance turned support. This is an addition to my last GAME post in which i analysed this pattern which seemed to have a repeating nature on the chart, leading to a bullish break. This are all on the USD pairs.
Comparison Pt.2 LBCLibrary credits has formed a huge buy signal, supported by the Gaussian channel. On a smaller timeframe this can be seen as a Descending Scallop a bullish reversal pattern. A similar pattern can be seen in the early days of the release of the coin. Huge potential..
LBC Weekly Descending ScallopDescending scallop, a bullish reversal pattern! I have found to have a high success rate in crypto markets. Best to go long with this one.. I have linked my other idea which shows an 'absurd' Gaussian channel, huge potential in the long term.
LBCUSD IdeaPossible bullflag formation, last time this formation was seen large upsides were seen. Will history repeat itself? Comparison.
LBRY Dragonfly DojiLBRY has printed a dragonfly doji on the weekly chart, this coin will continue to climb. Both LEND and LBRY so far observed have printed these doji patterns.
LBC/BTC Rounded bottom and strong preparation for the growthLBC, 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.
Library Credits (LBC/BTC) - LONG hold, high profit potential. Great one to watch now before the start of another bull alt season. Nice breakout of LBC after accumulation zone was reached, and rsi was at an ATL. MACD looks ready and rsi breakthrough, so will be holding this one long.
Wait for the retest into accumulation zone if you don't have a bag already (small bull trap), so be patient to get in some more low bids around the purple triangles. Also the impact of bitcoin will give library credits one more push down, so best accumulate piece by piece to get a good position in.
Been accumulating at 2600 and below.
Still have lots of faith in this coin although competition has definitely come about in recent months.
See/follow Library Credits roadmap here: lbry.io
Happy trading!
