LBRY Credits range bound for 10% profits
Updated
LBRY Credits has been range bound for 7 days
Mid term LBRY Credits is very likely to follow it's previous cycle as it gains steam
Very possible for it move up out of the range bound channel however, so long as I buy under 4000 sats this is a good set up for me
Key points for me to stick to.
-Don't buy above 4000 sats unless I am trading this mid/long term
-Only buy under 4000 sats if you are range bound trading it
Mid term LBRY Credits is very likely to follow it's previous cycle as it gains steam
Very possible for it move up out of the range bound channel however, so long as I buy under 4000 sats this is a good set up for me
Key points for me to stick to.
-Don't buy above 4000 sats unless I am trading this mid/long term
-Only buy under 4000 sats if you are range bound trading it
Note
Off loaded bags at 4300 sats.I may increase my buy order to 4150 as it appears LBC is poking well in to the sell zones.
I use the fishing rod for buys, dip it into the green for some buy orders, I'll even ladder a few orders down to 3500 in case of a spike.
Note
Support found at 3500 despite a large drop from BTC.It can always go lower but this coin has a lot of history.
Multiple times it has retraced to ~3500 sats and in the midst of each bull run ran up 6-10x.
I'm still playing out the range bound trades but I have a separate stash I'm accumulating each day.
I'm expecting this to go at least 3x once we hit the next alt run.
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