LBC patterns - possible 50% gain?Just looking at the formations, seems a bull flag looks a bit like a small inv head & shoulders. Measuring it out, if it plays to the top of the H&S, and the previous top becomes support then the bull flag plays out .. here are the targets and potential 50% gain (assuming it stops going up there).
I like:
- It has recently been moving positively in dollars even when BTC is moving negatively in dollars. (Meaning it's not just gaining in BTC terms, but in real terms).
- I really like the potential lbry.tv platform, and in terms of fundmentals it checks all the boxes people leaving youtube have been asking for. Recently some larger youtubers have moved to it, or at least duplicated their videos there, expanding its user base.
- As youtube continues to kick popular creators off their platform, those people will go somewhere. Over the long term only LBRY and Bitchute seem like viable free services without censorship concerns.
I don't like:
- It's a small cap, $8.8 million, which could be why it's able to counter-trend against Bitcoin, but also lends toward market manipulation.
- It's only on a few markets, primarily Bittrex and VCC Exchange with Coinmarketcap reporting only about $140K daily volume at the moment .. and obviously I'm worried about wash volumes at those levels.
- On the fundamentals side, although some bigger youtubers are paying attention (those with +500K subs) it seems to be more of a backup and there doesn't seem to be much original viewership going on there yet. - although again, that could change any time with another wave of bannings.
LBCUSD trade ideas
LBC/USD sweeping the bottom after 98.5% dropExpecting an improvement in this coin and project itself.
LBRY Credits LBC - Alt Coin Analysis - Point SystemPerspective MATTERS!
Alt Coin Analysis - Points out of 10
Date : Since 2016 ( 6 / 10 )
Volume 24 H : 11 BTC ( 2 / 10 )
Available Markets* ( 4 / 10 )
Social Media Rate ( 6 / 10 )
Ranks **382 ( 5 / 10 )
Website ( 4 / 10 )
Type Decentralized digital library
Overall ( 4 /10 )
It looks like LBRY found the bottom.
98% down from June 2017 ! That's crazy. I remember Lbry's ATH like it was yesterday. Everyone was talking about this coin.
It was a great time to in March 2017 and out March 2018. 1500 % PROFIT!!!!
I am in a bit early in Nov 2018 and Down 40 % , It was my fault that I forgot this coin ( stop & loss )
What is next?
A ) It will break downtrend-line and pump 2x - 4x !
B ) It will break the support line and down around 50 %
Dont take any action before seeing any strong open close 4H candle!!!
* Considering top 10 crypto exchanges
** Top 100 coins on coin market cap get 10 points
LBCUSD Good buy opportunitybuy between the two levels
0.046 until 0.023
we recommend to buy this coin in separate orders.
we will buy 20% at 0.042
than another order if the price goes down it will be probably 0.0235 - 0.03 usd
if price goes UP we will buy around 0.465 another 20% of our budget for this coin.
we will NOT use a STOPLOSS this time because we will buy in separate orders
if you want to use a stoploss than wait for 0.465 and buy it than use a stoploss
around 0.042
Targets are on the chart!
if you have any questions dont hesistate to comment below or send a message!
LBCUSD : Might found th end point of the correctionHi guys,
LBC corrected during a long time and adopted a well know kind of ABCDE triangle correction. I expect LBC to consolidate near D & E levels before a good impulse up and behave like past correction cycle and form. I expect LBC to test 0.08 then stabilize near 0.06. I will be looking for a structure to confirm my projection in the mid term. Overall i will say that 1D and 1W look accordingly to an ABCDE end point but i will update the form later in this post and update targets.
LBRY LBC set to take off soonThis idea depends on how BTC will behave in the next few weeks and how Bitcoin ETFs will impact the cryptocurrency market in general. LBC is currently ranked #289 with a market cap of $20.30 M USD. With a line of good releases this year and potential good news LBRY could easily retest the all time highs or even go beyond that. This coin has previously behaved quite well in comparison to BTC and seem to follow closely the price action of BTC.
RSI and MACD on the daily seem to be quite identical to previous bull-run to ATH. Also I will be posting soon the LBCBTC chart for complementary information.
Good luck to all and remember this is not financial advice :)
LBCUSD may still move down some more before move upLBCUSD may still move down some more before move up
LBRY 800 percent gains opportunity!Just playing around with LBRY's fractal patterns... looking good, if we continue to play out the same pattern we could see a decent 800%
Time will tell.
LBCBTC Long position with Gann AnglesBuy at $ 0.22
StopLoss for now at $ 0.1845
Target 1: $ 0.275
Target 2: $ 0.325
Longterm
target 3: $ 0.465
target4: $ 0.582
Target 5: $ 0.862
LBRY Credits TA - Looks like it's about to popIf it continues down that descending wedge for a few more days it looks like it could go crazy. But how does the entire market play into that? I'm very amature here any experience wanna help? As in, considering how bad bearish the market is right now will that affect the chart etc or does it still have the potential to pop? Or will it just be a small one if it does? Or does it make it completely irrelevant?
Cheers guys!
LBC USD NorthI attempted to point out one of the solid chart patterns above. This is on Librabry Credits. We are in an Ascending Broadening Wedge.
I think LBC is in a pattern now that will see us move north and possibly we see a little resistance as we cross the 200 Day ema, but if so we can initiate a stop below the EMA, wait for the break North and trail north until we hit the purple box at the top which is roughly a .618 fib hit.
If we see a pullback to the south, the purple box below should be where we see it go which would be a bounce of the 0, completes a double bottom and then pushes north.
For more analysis from myself or team members visit us at Coinmarketresearch.org
#cryptotrading LBRY Credits (LBC) - longCoin: LBC - USD CHART CALCULATED BY BITTREX
Entry 1: 1.0 - 1.05
Target: 1.74 - 1.96
Stop: 0.86 LBRY Credits (LBC) completed a cycle already during 2017 where it completed its 8 waves. A few weeks ago we started out new cycle and we are about to begin our fifth wave which i expect a conservative target of 1.74 - 1.94 and we could go as far as 2.50. Since we completed a cycle already and we are starting a new cycle we are currently on the desbelief face. My target should be achieved in a brief period of time. Personally I prefer not using physical stops only mental stops using blackfolio alarms and be ready to get out in a bounce in the case the trend goes agaisnt us, but bullish on this code and I think we are about to have an impulsive move up
LBCUSD Credits Possible Wave countLong term view on LBRY credits. 2 possible wave counts in process however can only confirm once tops of channels price action plays out.
LBCUSD longSitting bullish right under the .618...volume support and cup and handle forming. RSI building on the weekly. MOMO building.
LBRY making similar pattern as IOTA but on bigger scale?It looks to me that LBRY making a fractal similar to that of IOTA but on a bigger scale, though break out of falling wedge is less violent than in IOTA, wanna see how this develops
LBRY Credis Chart LBC has good support in this area and for sure won't dip further from where it is now. It is indicated to put stop lose at 10%.
