LBRY (LBC) Bullish Head & Shoulders Bottom!! What's the Target? Read this Analysis!

in #bitcoin • 6 years ago

SUMMARY

LBRY (LBC/USD) coin is shaping out a very bullish looking Head & Shoulders bottom formation As seen in below chart, the left shoulder, Head and Right are all complete and basically it only needs confirmation by breaching the Neck Line! The volume alos confirms! Minimum travel target is $0.416 but I expect much, much higher prices.

The below is LBC/BTC...can you say BREAKOUT!!!? Price breached out of the Bull Flag pattern and now the Elliott Waves tell the rest of the story!

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Laddering and Buy/Sell Setups.
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**

#cryptocurrency #blockchain #lbry
6 years ago in #bitcoin by
$22.13
  • Past Payouts $22.13, 0.00 TRX
  • - Author $18.98, 0.00 TRX
  • - Curators $3.15, 0.00 TRX
176 votes
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    • [-]
     6 years ago 

    finishing up my laddering buys! ROCKET TIME

    $0.18
    • Past Payouts $0.18, 0.00 TRX
    • - Author $0.14, 0.00 TRX
    • - Curators $0.04, 0.00 TRX
    1 vote
    Reply
    [-]
     6 years ago 

    Thank you for the update ... Nice coin with big potential ... I wish all LBRY investors good profits :-)

    [-]
     6 years ago 

    Thanks Haejin! Intrigued to hear your thoughts/updates on any of the following: BCH, OMG, LTC, GBTC. You nailed the chart for GBTC in your last post!

    $0.00
      Reply
      [-]
       6 years ago 

      Thanks, hope you are right :)

      $0.00
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        [-]
         6 years ago 

        Thanks a lot for the LBRY update. Are you feeling ready to give a view on Cardano yet? It would be great to get you view on it

        $0.00
          Reply
          [-]
           6 years ago 

          Near precision hit on fib extension. Nice breakout. Possible dip to 485 satoshi before wave 3 launch of higher degree.

          $0.03
          • Past Payouts $0.03, 0.00 TRX
          • - Author $0.03, 0.00 TRX
          • - Curators $0.00, 0.00 TRX
          5 votes
          Reply
          [-]
           6 years ago 

          Thanks a lot!

          $0.00
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            [-]
             6 years ago 

            Anytime. I'm still in training, mind you.

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              [-]
               6 years ago 

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              $0.00
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                [-]
                 6 years ago 

                God it's so early in this wave count guys..i didn't even put any ladders for this push..im waiting for the bigger wave 5...so much potential on this coin

                $0.00
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                  [-]
                   6 years ago 

                  Thanks Heajin i stepped into LBC cause of you at 0,24 better late than never. Bless u!

                  $0.00
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