A beautiful flalling wedge from 2020, target .15 which would be a 20x from here.
The Judge with the assistance of John Deaton via amicus, got the SEC to agree that sales of library credits from the secondary market do not constitute a security and since that news came out lbry has had a big pump here. You can’t see it here on the weekly chart, but on the daily time frame we have also just seen one of the biggest daily volume candles we’ve seen...
The main thing to look at here is 1st bullish divergence 2nd the ULTIMATE MA MTF has turned green and 3rd the RSI must get over the yellow line and make it support. This is very important as it went parabolic the previous time it did so and the risk of a false breakout is lowered. Target is .35 to .39 cents This is a higher risk trade so please don't take this...
The monthly stochastic RSI is showing strength and momentum but price is still under the resistance. LBC needs to move above 3 cents and hold it as support on the monthly chart. doing so would make the next move be to the resistance of 7 cents and the same rules apply to this resistance area as the previous. Momentum growing I would not be surprised to see the...
Probability 1. (50% occurrence): Consolidation between $0.15 to $0.165 to break the resistance of $0.17 - $0.18 in the next hours or weeks Probability 2. (30% occurrence): break the last resistance in 4 hours of $0.205 and go up to $0.25 - $0.30 while maintaining the price Probability 3. (25% occurrence): Fall sharply and quickly to $0.14 and if LBC fails...
Probability 1. LBC is in the accumulation range between 0.18$ to 0.215$. This is the most likely for lbc over the next few weeks, to maintain the consolidation process at these prices Probability 2. Quickly climb to $ 0.3 and $ 0.40, maintain the consolidation at these prices and then quickly rise to $ 0.45 and $0.55. Probability 3. Fall quickly to $ 0.10,...
The consolidation process with Lbc may take a little longer, however it will surely return to the prices of previous days of 0.30$, even breaking that resistance. Probability 1. LBC is in the accumulation range between 0.21$ to 0.245$. This is the most likely for lbc over the next few weeks, to maintain the consolidation process at these prices Probability...
Probability 1. LBC is in the accumulation range between 0.20$ to 0.235$. This is the most likely for lbc over the next few weeks, to maintain the consolidation process at these prices Probability 2. Quickly climb to $ 0.24 and $ 0.265, maintain the consolidation at these prices and then quickly rise to $ 0.28 and $0.30. possible date of reaching this maximum is...
Technical Analysis LBC in 4h LBC above 0.215 still maintains the strong uptrend of previous days, although it may have an accumulation period of $ 0.20, however a quick rise to the target of $ 0.3 should not be ruled out. Probability 1. Fall to $ 0.20 and return to $ 0.22 - $0.235 continuing with the consolidation process at these prices. Probability 2. Quickly...
LBC is breaking an area of accumulation. The momentum we can look for is proportional to the first impulse before the accumulation area.
The LBC has just broken the resistance at $ 0.14 and is consolidating well, if it maintains the strong trend and does not fall from the $ 0.14 next targets are $ 0.18 to $ 0.2 Probability 1. Consolidation in the prices of $ 0.12 and $ 0.135 Probability 2. To break the last resistance in 4h important of $ 0.166 and go up to $ 0.185 - $0.20 while maintaining the...
I keep the same idea in LBC. Probability 1. Continue your consolidation at $ 0.105 to $ 0.115 Probability 2. In the next few months, take a bullish raly to $ 0.13 to $ 0.15 and look for those prices to consolidate. Probability 3. Go down to $ 0.09 extreme case to $ 0.075 and consolidate at that price for a long time, if it happens nothing would happen, LBC is...
If bitcoin manages to stay stable between 30k to 35k for weeks, we can see bullish outlook in LBC towards the next highs already reached before, such as: Tp1: $ 0.10; Tp2: $ 0.135 Tp3: $ 0.15 However, Lbc can also consolidate its price between $ 0.064 to $ 0.09 and it's still great.
Next level T p 1. 0.058$ to 0.065$ down Level 1 drop: 0.0.42$ to 0.035$
May 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.
Lbc continues to maintain a strong support at $ 0.029, if it breaks $ 0.033 perhaps it can rise again to $ 0.04 in the 4-hour range
A close up look at LBCUSD as of time of writing. Wicked run following the downtrend line. Once it touch the uptrend support (violet), this is where we continue upward or dip in a dirty reality of BEARNOIDs. Regardless of VOL I am cautious as considerable connection with BTC is in play (in some occassion, heavy drop from BTC does not affect LBC)
The last leading price on lbry credist was $ 0.13 and the second leading price was $ 0.34. Lbry Credits is a great project, with wide acceptance by the cryptocurrency community, seeing the price rise to its latest leading prices is not impossible, and less if bitcoin manages to exceed $ 11,000.