Librarycredits
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
The Rolling ball and LBC/BTCBITTREX:LBCBTC
The Rolling ball theory. This illustrates a perfect example of the theory. The white ball has to be stopped before it can go up. LBC wants to break out but it has to stop that ball from rolling over it. If the 231 MA crosses the 77 MA than we are in for a long and probably lost book return. My analogies keep getting worst. LOL
Rett SLoat
-RSS-Legacy
-Wolfy
LBC Exhaustion Ending. Let's look to buy!Technical Analysis
LBC has been completely exhausted and now has a lot of wiggle room to propel upward. As LBC dips slightly more I will look to buy. On the HTFs Bullish momentum looks like it is about to kick in we are at this point just waiting for the Smaller Time Frames to correlate and catch up to what we want to do :)
LibraryCredits: Fibs, Fans, Fundamentals and Candle FunThis is a raw, long-term, long trade idea for LibraryCredits based on the market's relative respect for key fibonacci levels, the formation of specific types of candles within the last few days, as well as consistent, long-term formations of higher highs and higher lows throughout the price action history. We set our profit target (an ambitious 77%) based on the anticipation that the market will once again respect (if but temporarily) the 38% fibonacci level. I want to be clear that even though I view this as a long-term investment, opportunities for profit-taking may present themselves within an intermediate timeframe of one to three months or less, and should be exercised, though I recommend always retaining some level exposure for the long-term. Our stop-loss is based on the simple desire to preserve capital (50%) should this trade move against us substantially, but all targets are subjective and dependent upon your appetite for risk and many other factors. The larger highlighted circle demonstrates the continued formation of higher highs and higher lows even following an explosion in price, volume, and liquidity. The first smaller highlighted circle demonstrates a 2 or 3 candle pattern where selling pressure evaporated, and the market resumed upward, and the second circle is showing a very similar candle setup, suggesting that the tide might turn once again. LibraryCredits is a platform for sharing and hosting free content. It is another example of a small but reliable, proven workhouse in the digital asset space. Happy Hunting Everyone.
Bearish market for LBCThough the application was just released yesterday, I believe that LBC is going to crush, for now. Hope I am right !!
LBC ready for major correction This comes at good timing as the beta version is about to be released ! hopefully we can see it hold its support line
LBC Weekly on Heikin AshiA beautiful Case of Supports and Resistance
Easiest to Spot on Heikin Ashi.
You can find More if You Try.
