Looks like good news is coming to Library Credits LBRYA beautiful flalling wedge from 2020, target .15 which would be a 20x from here.
Lbrycredits
Recent Judge statements in Library case create bullish sentimentThe 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 in a long long time on lbry suggesting that there are good odds it will find a way to confirm this double bottom pattern and also likely validated the breakout from this pattern as well y breaking above the channel shown here on the weekly chart. Of course the fed could manipulate things with more rate increases or a black swan could occur that nullifies the newfound bullish momentum but barring those 2 things I would say probability should favor an eventual breakout of this pattern. *not financial advice*
Library Credits could go parabolic!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 as financial advice
LBC Library still under monthly resistance 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 price move above the 3 cent mark and make it support.
Library is great media platform that is decentralized and open sourced. By being decentralized the platform protects freedom of speech rights and ensures freedom of press. There also is a mobile app on Android.
There is a court judgement against this project awaiting the final ruling as the SEC has filled a securities claims against LBRY. Regardless of the outcome, this jurisdiction is bound only to USA borders so to the rest of the globe it means nothing.
Thanks for looking
Any questions or comments can be left below.
$ LBC vs USDT in 4h. 11 May 2021Probability 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 to consolidate at this price, the next drop is to $ or $ 0.12
$ Lbc vs Usdt in 1d. 21 April
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, and return to $ 0.11 - $0.14 continuing with the consolidation process to go to new highs
LBC vs USDT in 4h. 15 April
The consolidation process with Lbc may take a little longer, however it will surely return to the prices of previous days of 0.30$, 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 2. Quickly climb to $ 0.26 and $ 0.28, maintain the consolidation at these prices and then quickly rise to $ 0.30 and $0.34. possible date of reaching this maximum is April 25
Probability 3. Fall quickly to $ 0.175, and return to $ 0.20 - $0.22 continuing with the consolidation process to go to new highs in September
LBC vs USDT. Consolidation Range? 02 April.
Probability 1. LBC is in the accumulation range between 0.20$ 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 April 15
Probability 3. Fall quickly to $ 0.15, and return to $ 0.18 - $0.20 continuing with the consolidation process to go to new highs in September
$ LBC vs Usdt. 23 MarchTechnical 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 climb to $ 0.235 and $ 0.255, maintain the consolidation at these prices and then quickly rise to $ 0.27 and $0.30
Probability 3. Fall very quickly to $ 0.16, and return to $ 0.16 continuing with the consolidation process, if it fails to keep it falling again to $ 0.13
LBC DAILY CHARTLBC is breaking an area of accumulation. The momentum we can look for is proportional to the first impulse before the accumulation area.
$ LBC vs Usdt. LBC Strong uptrend in LBC. 4 Hours
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 price
Probability 3. In case of a fall in Bitcoin, LBC may still correct a little towards $ 0.10
LBC vs USDT Technical Analysis in 1h 26 JanuaryI 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 an excellent cryptocurrency to use and maintain in the long term.
Update LBC / USDT in 4h 12 January.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.
Panorama LBC / USDT 2h 24 December.Next level T p 1. 0.058$ to 0.065$
down Level 1 drop: 0.0.42$ to 0.035$
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.
Stocastico and macd indicators oversold in Lbc in 4 hour rangeLbc 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
Update - LBCUSDA 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)
Update LBC in weekly 1w. 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.
LBRY Credits / good opportunity? + Important levelsWe saw lbry token going to 0.06 cent the past week.
Dropping fast again and full time user of the lbry platform,
i'm thinking if it can be a good investment to the future.
In this chart, you see all the important lines & bottems where I hope to be buying.
For now I keep watching and look at the important levels.
I'll keep this updated
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
