LBCBTC - LBRY Credits with great potential FA
LBRY is a decentralized, open-source protocol that is controlled by its users. LBRY facilitates a similar experience to services like YouTube, Netflix, and Apple TV... but LBRY is entirely decentralized!
TA
We have good amount of data with LBC to do some analysis. LBC has gone through a major correction since June-July and has bottomed out at December. It has started to pick up and is showing bullish divergences (one of the main things I look at) and looks set to test the resistance at 10k sats. Stoch RSI is pointing up as well so 1d candle looks good!
This should follow similar behaviour as STRAT so expecting to moon sometime in the next few months.
This is a strong long-term trade.
Lbry
LBRY: longterm textbook breakoutLBRY has been on my watchlist for some time now. It basically is a marketplace for artists to upload their content to the blockchain and share it with anybody who is willing to pay a little LBRY. It has been described as a decentralized Youtube/Netflix. The team is constantly developing the product and a new website will be launched in two weeks.
I have not entered LBRY before since it has been going down since its listing on bittrex. However, the volume has gradually been increasing over time and is peaking at the moment. It also broke out from the long term trendline fully according to the textbooks as you can see below. The trendline has been tested a few times and after 3 failed tries, it finally broke through the trendline . This trendline has now successfuly turned into support as shown by the fact that it got retested twice. This is usually a verry bullish pattern .
Not sure how this will play out in the short-term since BTC is also moving again and no clear pattern is forming at this point. But I'm confident that with the attention this coin is getting and the constant development, we can see a very nice return in the longterm (see targetboxes).
LBRY Credits$LBC Fractals are at play, volume and TF analysis hints that this is a short term accumulation period after breaking the downtrend resistance. Once we exit the blue box the breakout will bring an impulsive move up to our target. Hold for a few weeks and reap the rewards of patience in a month.
LBRY Credits...Time to MOOON ??LBRY credits has gone under the radar for a while now but the DEV team are still active and publishing updates.
It is about to cross over the 100 day MA and this will confirm trend change if it can use this as support. There is increasing BULL volume on the Daily which is a positive sign. A LOT of Bull volume has just come into LBRY. The biggest all year in Bittrex..
Looking for break of .00003803 to confirm breakout.
BUY .00003243 (once it form a higherlow)
SELL .in Profit ZONE
STOP .00001843
Good Luck :)
Please leave comment if you agree disagree...
LBRY Credits (LBC) - Opportunity (1590% Earnings Potential)LBRY Credits (LBC)
A new opportunity, this coin does good when it takes off. So once you join, make sure you do for long.
Buy in: 2300 - 2700
Stop loss: 2155
Indicators:
- MACD Positive divergence; never fails.
- Uptrend on all indicators (RSI, STOCH & MACD)
- Strong bounce from bottom.
* All time high 0.000382 (June 20th, 2017)
Diversify and stay long.
Remember to hold, for as long as you want.
Remember to sell, when you are ahead.
Remember to wait, when the price goes the other way.
Sell for profit.
Wait for profit.
HOLD for profit.
You wait, you win.
Patience is key.
Remember, YOU DESERVE THE BEST.
Namaste
Trade active 0.000024
LBC - LBRY Credits "Content Freedom"LBRY is a great project which decentralized media content by using blockchain technology. In the future censorship by youtube could be an issue, we see many content creators already having troubles with monetizing their content and projects like these give them full control! Check out their website for more info.
"What is LBRY exactly – is it a protocol, an app, a website, a company?
LBRY is many components working together. For most users, it will just be a place where they can find great videos, music, ebooks, and more. A vast digital library available on all of your devices.
But behind that experience is an ecosystem that can be hard to understand at first – especially because we tend to refer to all the pieces and the system-as-a-whole as “LBRY”. (We’re working on clearing that up.)
It might be easier to start with what LBRY is not: it is not just another corporate media service like YouTube or iTunes or Spotify. It is first and foremost a new protocol that allows artists to upload their content to a network of hosts (like BitTorrent) and set a price per stream or download (like iTunes) or give it away for free (like YouTube without ads). What makes this all possible is the blockchain technology developed by the founder of Bitcoin. Do you have to understand any of this to use and enjoy LBRY? No. Does it still matter to users? Yes!
Gmail has built an extremely popular email service on top of the near-universal SMTP protocol that everyone uses to exchange emails. Anyone sending email with SMTP can communicate with Gmail addresses, no matter what email platform they use (Yahoo!, AOL, iCloud, etc.). Google can’t interfere with someone emailing from a @yahoo.com address to an @aol.com address – and users are free to switch between services at any time, taking their emails with them. Users have a lot of power in open protocols that is often taken for granted.
Compare this to a proprietary, centrally controlled service like Facebook Messenger. If you conduct all of your social communications via Messenger, you’re stuck in that environment – you cannot move your messages or contacts over to Google Chat or Skype. And if Facebook changes the way Messenger functions by censoring conversations or sharing your information with advertisers or governments, tough luck.
Even platforms that are ostensibly designed with the user’s control and privacy in mind are susceptible to corruption if they are centrally controlled. WhatsApp comes to mind. WhatsApp built a huge global user base claiming to put users above advertisers. Then Facebook bought it. Now users may well have their personal phone numbers and metadata mined for Facebook’s advertising algorithms.
There is no such risk of top-down corruption with the LBRY protocol. Content uploaded to the decentralized LBRY network remains publicly accessible so long as the community finds it valuable and continues to host it.
Now, the LBRY project is more than just a revolutionary new protocol. It is also a company, LBRY Inc., which is developing a LBRY app to allow users to easily interact with the protocol. So it’s as if Google had developed the email protocol, released it to the world for free, and then built Gmail to help people make use of it. Not only is our app completely open-source, but others are welcome to create competing apps that also use the LBRY protocol. For a content creator, your uploaded content will be available to all of these apps at the same time.
Do you see the difference here? YouTube can afford to push around its creators and users because they’ve created tremendous lock-in. LBRY is challenging this model from the ground-up. Everything we’ve built is open-source, decentralized, and belongs to the community using it. LBRY Inc. could go bankrupt tomorrow and the LBRY protocol will live on. Can YouTube say that?"
lbry.io
Targets for now are,
TP1: 5555
TP2: 10000
TP3: 12250
Currently trading at 3000, so good gains to be made!
Good luck trading!
LBCBTC Uptrend StartedLBRY Credits is a beautiful project and focuses on decentralized media content.
Decentralized media content will be a big sector as most media content monetization mediums are very centralized and limit users with verticals to bring in $ (for gaming, youtube, twitch, etc)
Chart is short term target, but this is definately A project i'd invest for long term, set and forget.
This is a 10X+ crypto, solves real issue and is ripe for growth once target market / users discover and it picks up.
Please check related idea by TheTrex, his analysis outside of TA is MUCH better and in-depth.
medium term target is 200-300%
LBRY - great FA, awesome RRLBRY has a awesome FA with working app and is about to do another round of funding + brand redesign and marketing schedule soon. LBCBTC price is really low and is a buy up to 5000, stink bids under 2500. Possible first realistic target is about 1500% with secondary targets way higher especially if they burn some of the remaining coins.
LBRY CREDITSElliott wave+Fibonacci levels+Triangle+ Hype Cycle+Falling wedge
Target 0.00015000-0.00020000
LBC hits supportLBC Had broken the trendline and was going down. It also broke its first support which has now become the resistance. So, It has got the strong support in the green zone where it will consolidate. It may also fall from that zone to the green zone underneath. If that resisting trendline breaks then we are gonna see a blast. or else in case of BTC pumping it will fall to the enxt support and will consolidate there.
LBCBTCA pennant seems to be formed in LBCBTC. Further breakout is possible when pennant breaks to the upside (mind the oversold STOCH RSI). However, when pennant breaks to the downside, price may fall to around 13.7 - 14k, assuming it will bounce on the larger triangle we can see when zooming out on LBCBTC.
LBC - Buying signal reachedAs we can see on the chart; buying signal happened.
It should be the end of wave 2; announcing that wave 3 will be up soon.
LBCBTC LBCBTC may trigger soon. But it depends on BTCUSD, therefore all eyes on BTCUSD. When BTCUSD triggers, LBCBTC will also trigger.
LBRYBTC - Elliott Wave Analysis - Wave 5 BeginsAn interesting long term hold in the AltCoin space in LBRY, Library Credits. As you can see from the charts below, LBRY launched at a very high ICO point and immediately collapsed. After basing for a long time, it had a small pop, Wave 1, and corrected. More recently, Wave 3 took it to heights not seen since the initial collapse. It has since completed its correction, a simple A-B-C retracement, marking Wave 4. It's now time to begin Wave 5.
RSI is rising and MACD will soon cross up to confirm the trend.
Based on a Fibonacci Extension, after clearing the Wave 3 high, it has lots of room to run. Overhead resistance is quite a bit above even the 1.618 extension height, and while the moon is beyond it's current potential, there is orbit to be achieved first. As legendary trader Jesse Livermore once explained to reporters inquiring about his success, he explained, I made most of my holding, not trading. I think LBRY is just such a candidate.
LBC Bullish?I like the moves I have been seeing with LBC lately. Pm me if you're interested in Entries/Exits
LBCBTC - Up up and beyond!Hi guys!
Another practice-analysis from my side.
As you can see, LBRY Credits are in a nice upward move since around May 27th. The chart has since then formed a very nice Higher High/Higher Lows-Pattern and in my opinion is about to retrace back to the trendline to about 24000 Satoshi.
Once this sub-ordinate target it reach, I expect it to bounce back up to continue it's upward move and dash through the former high at around 30700 satoshi and moving further to a former high from back in 2016 at ~ 40600 by the end of June .
Please also keep an eye out for the MACD, where the signal line is to be crossed from below for further bullish confirmation.
I would really like to hear your opinion on this one :)
Thank you very much for your time and have a good day!
Kind regards,
Lars