LBCBTC trade ideas
LBC bearish short, bullish LTGood project, good team, great concept. decentralized media sharing platform. needs TIME. lots of bag holders, notoriously slow. patience tester. looking for an entry in the box. LONG TERM. have placed major resistance levels, but these wont matter in the 1-5 year range.
LBC Short Buy60 minute candles showing a clear retrace of the last pattern. The blue line is the max bottom that will likely happen, and the white line is just my own personal entry. The ellipse is over a small fractal at the bottom of the price movement which likely indicates a positive trend reversal in the short term at least. Notice that the stochastic are also showing a sign of retracing the last pastern's stochastic. As always I know nothing and this could be completely wrong.
Following this patternI have been accumulating the LBC for like 4 months, it saw two pumps in this period, one is above 9k and the second is above 5k sats. I made my trades there and waiting for ending the depression period and start to disbelief part of this coin. May is coming and the old ones will come this month, project is solid, team is working hard and all of us know the Cambridge Analytica Scandal of Facebook, these things are important for getting to know about the benefits about the blockchain tech for the ordinary people. Fib levels are targets, waiting for letting the market LBC start to moon.
Have nice trades with huge profits that helps to run your goals.
LBC - Breaching the "Bird's Beak"FA: Actual working global digital library platform. Great team and consistently meeting roadmap deadlines. Marketcap ~$51M
TA: On daily we have made a higher low in accumulation zone. Beginning to poke out of what I'm calling the "bird's beak". VERY little cloud resistance implies VERY little resistance. First target from here should be a quick ~160% gain. Second near ~500%. Third ~850+%.
Available on Bittrex.