$LBC / $BTC Update, Sitting on supportAn update to my last post on LBC.
Looks like a massive bullflag is formed. That and a strong support has been verified. And Bullish Divergence is present.
DYOR, this is for eduaction. GL out there.
LBCUSD
LBC USD NorthI attempted to point out one of the solid chart patterns above. This is on Librabry Credits. We are in an Ascending Broadening Wedge.
I think LBC is in a pattern now that will see us move north and possibly we see a little resistance as we cross the 200 Day ema, but if so we can initiate a stop below the EMA, wait for the break North and trail north until we hit the purple box at the top which is roughly a .618 fib hit.
If we see a pullback to the south, the purple box below should be where we see it go which would be a bounce of the 0, completes a double bottom and then pushes north.
For more analysis from myself or team members visit us at Coinmarketresearch.org
LBC is super ready to moonshotThere is a little bit of everything here from what I see.
I'm in love with this chart because its literally a market cycle chart to a exact T.
Volume is up, it may be down a little from the peak euphoria of the BTC run, but its still 5x the volume of the last pump.
So far the fractals are strikingly similar.
Bullish Div predated the last spike. Off of the second touch of the bullish div is where is makes the run, and thats where the price sits right now.
At the bottom of the BB right now as well.
You can confirm the bullrun with a RSI move above 50, and likely that entry would still be a great buy in. But this is currently my heaviest bag.
This is for education. And for Bob Ross birdies, thats all.
$LBC / $BTC Chart, seems to be repeating itself, +500% plus?Tons of similarities about this current fractal LBC is forming right now.
Both formed very shortly after exiting the 1D cloud
RSI beginning prior fractal =67, RSI beginning current=71
Ending RSI of prior fratal before pump =41.97, Current fractal RSI =42.92
As long as we don't break down below the support line and retest the cloud this one should be good for a +500% over the next few months.
This is not advise, this is for education, you should DYOR.
LBC - LBRY Credits "Content Freedom"LBRY is a great project which decentralized media content by using blockchain technology. In the future censorship by youtube could be an issue, we see many content creators already having troubles with monetizing their content and projects like these give them full control! Check out their website for more info.
"What is LBRY exactly – is it a protocol, an app, a website, a company?
LBRY is many components working together. For most users, it will just be a place where they can find great videos, music, ebooks, and more. A vast digital library available on all of your devices.
But behind that experience is an ecosystem that can be hard to understand at first – especially because we tend to refer to all the pieces and the system-as-a-whole as “LBRY”. (We’re working on clearing that up.)
It might be easier to start with what LBRY is not: it is not just another corporate media service like YouTube or iTunes or Spotify. It is first and foremost a new protocol that allows artists to upload their content to a network of hosts (like BitTorrent) and set a price per stream or download (like iTunes) or give it away for free (like YouTube without ads). What makes this all possible is the blockchain technology developed by the founder of Bitcoin. Do you have to understand any of this to use and enjoy LBRY? No. Does it still matter to users? Yes!
Gmail has built an extremely popular email service on top of the near-universal SMTP protocol that everyone uses to exchange emails. Anyone sending email with SMTP can communicate with Gmail addresses, no matter what email platform they use (Yahoo!, AOL, iCloud, etc.). Google can’t interfere with someone emailing from a @yahoo.com address to an @aol.com address – and users are free to switch between services at any time, taking their emails with them. Users have a lot of power in open protocols that is often taken for granted.
Compare this to a proprietary, centrally controlled service like Facebook Messenger. If you conduct all of your social communications via Messenger, you’re stuck in that environment – you cannot move your messages or contacts over to Google Chat or Skype. And if Facebook changes the way Messenger functions by censoring conversations or sharing your information with advertisers or governments, tough luck.
Even platforms that are ostensibly designed with the user’s control and privacy in mind are susceptible to corruption if they are centrally controlled. WhatsApp comes to mind. WhatsApp built a huge global user base claiming to put users above advertisers. Then Facebook bought it. Now users may well have their personal phone numbers and metadata mined for Facebook’s advertising algorithms.
There is no such risk of top-down corruption with the LBRY protocol. Content uploaded to the decentralized LBRY network remains publicly accessible so long as the community finds it valuable and continues to host it.
Now, the LBRY project is more than just a revolutionary new protocol. It is also a company, LBRY Inc., which is developing a LBRY app to allow users to easily interact with the protocol. So it’s as if Google had developed the email protocol, released it to the world for free, and then built Gmail to help people make use of it. Not only is our app completely open-source, but others are welcome to create competing apps that also use the LBRY protocol. For a content creator, your uploaded content will be available to all of these apps at the same time.
Do you see the difference here? YouTube can afford to push around its creators and users because they’ve created tremendous lock-in. LBRY is challenging this model from the ground-up. Everything we’ve built is open-source, decentralized, and belongs to the community using it. LBRY Inc. could go bankrupt tomorrow and the LBRY protocol will live on. Can YouTube say that?"
lbry.io
Targets for now are,
TP1: 5555
TP2: 10000
TP3: 12250
Currently trading at 3000, so good gains to be made!
Good luck trading!
The "LBC" sneaky perfect chartAs you can see from the chart, on the down trend there was so much of short trades which means trader loves the coin. The good news is it's totally a hidden gem or maybe sneaky coin trying to reach 0.38% level which is the crucial point where it should break above. Keep an eye - Set your alert wait for 0.38 level. The simple formula for Alt-coin is to trade vs USD because it get complicated with USD_BTC_ALT triangle.
The trade is valid as long as the King " BTC " keep breaking records and regular small corrections.
LBRY is a free, open, and community-run digital marketplace.
You own your data. You control the network. Indeed, you are the network.
Hollywood films, college lessons, amazing streamers and more are on the first media network ruled by you.
lbry.io
Don't forget to hit like, if you agree. Ask questions
LBRY Credits breaking out of a falling wedgePOLONIEX:LBCUSD
LBRY Breaking out of a falling wedge with huge volume, big MACD positive divergence on the daily charts. Looking good, lots of upside potential, 5 to 1 if it reaches previous highs. And of course, I'm expecting to surpass it. But it may take a couple of weeks or months.
Good Luck to You All
