A possible bullish move for the LBRY cryptocurrency.
Gaussian channel turning.. Looks great for long!
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)
Currently holding and Maintaining the Supported uptrend line. Breaking this line upward will confims $$$ bonds. Break that upward support (Violet) leads to burn your $l to the RED line, moving even below that RED LINE confirm "BEAR-NOIDS", and action for Sop-loss should be in play. Just amy personal analysis but to no advise. Xiao!
BITTREX:LBCUSD Looking at the weekly chart of LBCUSD it seems that it has made a major double bottom at around $0.066 USD, after being in a downtrend since it started trading. www.freeonlinetradingeducation.com The double bottom was confirmed when it climbed above $0.036 USD, the January 2020 highs. And now it seems it is back testing the breakout for a little...