LBC - Horizontal Support Horizontal Support is evident as price rejections from this level is almost certain
I have placed a bars pattern which shows a further downside below this line but ultimately results in an inverted H&S pattern and a recovery above the line
Long term analysis
Daily timeframe
LBCUSD trade ideas
LBCUSD Ascending BroadeningOn this chart it can be seen that price is peaking as it moves through the Fib circle levels
First at 1.618, next 2.618 and now it is approaching 3.618 and looking for another move up
I have seen this pattern within the fib circle a lot lately
Buy for the next move up within 3.618
LBC 0.618 Proven SupportLBC has proven its affection for 0.618
bouncing three times of the fib level
Some trend lines can be drawn between the wicks and a wedge can be generated
Likely will break upward after a breakout of this formation
$ LBC vs USDT: Technical Analysis in Temporality 1h. 18 January.Analysis to follow the intraday price or take advantage of scalpings.
The next resistance in the short term that LBC wants to retest and break is $ 0.125 to $ 0.137, if it does so strongly and manages to go above $ 0.16, it will most likely find its second strong resistance at 0.2 $.
However, this analysis is valid in the short term (1 hour), if the price never falls below $ 0.077 $
Update LBC / USDT in 4h 12 January.If bitcoin manages to stay stable between 30k to 35k for weeks, we can see bullish outlook in LBC towards the next highs already reached before, such as:
Tp1: $ 0.10;
Tp2: $ 0.135
Tp3: $ 0.15
However, Lbc can also consolidate its price between $ 0.064 to $ 0.09 and it's still great.
LBC on supportLBC formed a pennant and is on support. Most likely will move up again. Holding for long term.
Library Credits BullishI expect price to pull back into the 7 to 6 cent region before heading to the 17 and 21 cent region.. Not financial advice..
Panorama LBC / USDT 2h 24 December.Next level T p 1. 0.058$ to 0.065$
down Level 1 drop: 0.0.42$ to 0.035$
LBC thoughtsClear breakout within the up channel
Tried to use the fib wedge to emphasise the channel
Good momentum LBCHitting resistance but will probably push through. The platform is amazing. Market cap is way undervalued based on fundamentals. Accumulate while it's low and thank me later.
LBC Increased volumeIn up trend with increasing volume. Should start to move up more soon. This coin is for odysee.com, check out the platform.
LBC Odysee.com tokenThe tech is good, volume is huge, get ready for a push up! If you haven't used it yet, go check out odysee.com video sharing platform with built in token (LBC).
LBC (lbry platform) bullThis is the LBRY crypto token LBC that it forming small cup and handle. The over all trend is good, found solid support and looks like it will be going up.
Library credits - A closer lookScythe pattern present along with falling wedges
This coin is undergoing extreme accumulation
Yellow channel optimal by zone if the bullflag / falling wedge reaches there.
This is the four hour chart,
One of my preferred ideas for LBC :D
Library credits - A weekly opportunity - Gaussian analysisGaussian channel turning..
Looks great for long!
LBCUSD Aug/Sep OutlookMany of the 2017 Alts are lagging behind the new DeFi plays in terms of strength and relevance right now...
Library Credits is certainly no different. The concept is fundamentally sound, not sure the world is really grabbing it by the horns though!?
I have a hunch a continued HODL of this coin during the next Bull-Run will get us back to All Time Highs but unfortunately not much further, certainly not the gains we all saw back in late 2017!
More than happy to be proven wrong though.
*My Opinion Only...
*Not Financial Advice..
*DYOR...
*Good-luck with your trades!
Cheers!
A radical LBRY Idea - WMay be forming a large W with the inner M formation acting as the 'lips' for the W structure.
If this scenario plays out, congratulations to all the holders.
Your patience through a very volatile coin has paid off.
At first glance you probably think "what is this sorcery?" But take a closer look, symmetry helps with these formations.