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Lbry

#LBRY accumulation phase before a new move.Last monthly support level was around 900 satoshis. After it was lost #LBC has been trading pretty much in a downward direction and mostly not hitting a bottom. There have been few weekly levels that have been formed and tested out as the moves tried to recover. Currently trading at 180 satoshis, it sits between 2 daily levels recently recorded at 170 satoshis and also at 241 satoshis. I think that it just started accumulation phase to probably test the old monthly support level of 901 satoshis which if successfully tested will indicate a recovery. If the move fails to reach it it most likely hit the previous weekly level of 666 satoshis. The likely weekly level to be tested sits around 300 satoshis and is a good target even for a short position.
Short
by raserrano
1
LBRY Credits LBC - Alt Coin Analysis - Point SystemPerspective MATTERS! Alt Coin Analysis - Points out of 10 Date : Since 2016 ( 6 / 10 ) Volume 24 H : 11 BTC ( 2 / 10 ) Available Markets* ( 4 / 10 ) Social Media Rate ( 6 / 10 ) Ranks **382 ( 5 / 10 ) Website ( 4 / 10 ) Type Decentralized digital library Overall ( 4 /10 ) It looks like LBRY found the bottom. 98% down from June 2017 ! That's crazy. I remember Lbry's ATH like it was yesterday. Everyone was talking about this coin. It was a great time to in March 2017 and out March 2018. 1500 % PROFIT!!!! I am in a bit early in Nov 2018 and Down 40 % , It was my fault that I forgot this coin ( stop & loss ) What is next? A ) It will break downtrend-line and pump 2x - 4x ! B ) It will break the support line and down around 50 % Dont take any action before seeing any strong open close 4H candle!!! * Considering top 10 crypto exchanges ** Top 100 coins on coin market cap get 10 points
L
by CryptoEngineering
4
LBRY Credits LBC - Alt Coin Analysis - Point SystemAlt Coin Analysis - Points out of 10 Date : Since 2016 ( 6 / 10 ) Volume 24 H : 11 BTC ( 2 / 10 ) Available Markets* ( 4 / 10 ) Social Media Rate ( 6 / 10 ) Ranks **382 ( 5 / 10 ) Website ( 4 / 10 ) Type Decentralized digital library Overall ( 4 /10 ) It looks like LBRY found the bottom. 98% down from June 2017 ! That's crazy. I remember Lbry's ATH like it was yesterday. Everyone was talking about this coin. The coin is still alive. However, It has to list on some more exchanges to survive in this bear market. Otherwise, There is no hope for it. If you want to gamble, It is your coin. I am holding some LBRY and already down 50 % !!! * Considering top 10 crypto exchanges ** Top 100 coins on coin market cap get 10 points
by CryptoEngineering
LBRY LBC set to take off soonThis idea depends on how BTC will behave in the next few weeks and how Bitcoin ETFs will impact the cryptocurrency market in general. LBC is currently ranked #289 with a market cap of $20.30 M USD. With a line of good releases this year and potential good news LBRY could easily retest the all time highs or even go beyond that. This coin has previously behaved quite well in comparison to BTC and seem to follow closely the price action of BTC. RSI and MACD on the daily seem to be quite identical to previous bull-run to ATH. Also I will be posting soon the LBCBTC chart for complementary information. Good luck to all and remember this is not financial advice :)
LLong
by Poukitoun
LBRY Credits / BTC on 20X TRACK ON BREAK - CryptoManiac101We have extremely first support which is basically guaranteed that it won't break since it held through most of history of this coin. There has not been much news on this coin and many might say that it has no potential. Maybe yes, maybe no. There is not much you can risk on this trade with adequate stop loss for risk minimization. We would not go more then 10% of your portfolio in this. Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Long
by CryptoManiac101
LBC almost at a crossroads - Break out to the upside? LBRY's native token has been in decline ever since it hit it's all time highs this time last year, since then we've seen it slowly drop back down close to it's all time low back at the beginning of 2017. Fundamentally the token is sound, the project is one of the few innovative projects in the crypto space and the software is improving all the time. With this in mind the LBRY credits are in my opinion currently highly undervalued and the RSI adds weight to to this opinion. But aside from the fundamentals as you can see we have been in a downward trend for a year now in a large descending triangle which is about to bottom out. The next 24 - 48 hours are critical, if it breaks below 0.000015 BTC expect a collapse down to the 0.0000135 BTC region, however if it can reach up above 0.000018 BTC and hold for at least 12 hours it should lead to further gains as a new trend to the upside is established. Of course with all eyes on Bitcoin at this point any sudden large drop in the king of Cryptos can often drag all the other markets down with it, but even harder! I'll check back in 48 hours to see where we are with this, in the meantime if your not familiar with this project head over to lbry.io
LLong
by thecoinweaver
LBRY Credits Double Bottom FormationLBRY Credits currently finding the support near $1.4 area. This is the level of the previous support established back in April 1st. The current support is also confirmed by 261.8% Fibonacci retracement applied to the corrective wave up after the breakout of the ascending channel. At the same time this support corresponds to the 327.2% Fibonacci channel trendline, that adds extra confidence to the potential trend reversal, if the support will be rejected. Currently price only produced a spike below the support, but failed to close lower. If it stays above the support, the trend reversal could take place. But it is important to remember that close below $0.135 might result in further decline and price could reach next support level at 327.2% ($0.11), that corresponds to the lower trendline of the descending channel. 
LLong
by CryptoPAMM
LBRY Credits Uptrend ContinuationFollowing the previous idea on LBRY Credits , price has reached the upside target, that is $0.3 resistance at 38.2% Fibonacci retracement. Not only it has reached the resistance but it broke above it, suggesting continuation of the uptrend. The next upside target is seen at $0.64, that corresponds to the 127.2% Fibonacci retracement level as well as the crossing between the uptrend trendline and the 8/1 Gann Fan trendline. This means that the over 100% growth could be expected in a relatively short period of time. On a downside the support is based at previuos resistance level, that is $0.3 area. In the worst case scenario LBC/USD could get back to $0.15 form a double bottom, but it doesn't seem like the downtrend is valid, and chanced of growth are much higher than the downtrend continuation.
LLong
by CryptoPAMM
LBRY Credits VS Bitcoin Buying OpportunitySince January, on a corrective wave down LBRY Credits already lost 74% to Bitcoin, while the current low has been found at 2400 satoshis. At that level, LBC/BTC rejected the upper trendline of the descending channel, formed back in December 2017. However, after bouncing off the channel, price failed to break above the downtrend trendline, leaving some uncertainty behind. At this stage, LBRY Credits could continue to consolidate between 2400 and 3250 satoshis, but the break above the local resistance could trigger a wave up, towards 5k satoshis resistance. This is the 38.2% Fibonacci retracement level, which also corresponds to the uptrend trendline breakout point. But, if the resistance will be respected by the market, the price might go lower towards 2k psychological support, and break below that price could push it even lower, back to 1000 satoshis area.
Long
by CryptoPAMM
LBRY Credits Chance Of ReversalLBRY Creadits downtrend could have come to an end, as price found the support at 0% Fibonacci applied to the uptrend trendline breakout point. The support has been rejected cleanly followed by the break above the downtrend trendline. The chances that the corrective wave up will follow are quite high, although this could take some time. Price still could go slightly below the $0.15 support or produce a double bottom prior to moving higher. The very strong resistance area is based near $0.3 and could be the key level in the medium term future. Break above $0.3 should confirm the trend reversal, while rejection could extend the consolidation.
LLong
by CryptoPAMM
4