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LBRY Credits / Bitcoin
Long

LBRY Swing Trade

By blakeren
Updated
LBRY has had some massive buy ups these past couple weeks which is evident from the large green volume spikes, as well as the large run up on the OBV. Price is currently in a nice accumulation zone after bouncing off of a solid support line, the same spot that caused the last run up in March - June. The MACD is getting quite tight and has also vreated some bullish divergence. I'll be looking to scalp and take profits at the 7000 sat mark (around 200%)
Comment
Bullish flag, first target is 980 sats

snapshot
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Apologies first target is 3400 sats, thanks CiscoRiveraMartinez for pointing that out
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Approaching first target. Alt market has had a slight pullback with money flowing into Bitcoin, but that's expected after the dip it had
Chart PatternsTrend Analysis
blakeren

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