Panjang
LBCBTC - Up up and beyond!
Hi guys!
Another practice-analysis from my side.
As you can see, LBRY Credits are in a nice upward move since around May 27th. The chart has since then formed a very nice Higher High/Higher Lows-Pattern and in my opinion is about to retrace back to the trendline to about 24000 Satoshi.
Once this sub-ordinate target it reach, I expect it to bounce back up to continue it's upward move and dash through the former high at around 30700 satoshi and moving further to a former high from back in 2016 at ~40600 by the end of June.
Please also keep an eye out for the MACD, where the signal line is to be crossed from below for further bullish confirmation.
I would really like to hear your opinion on this one :)
Thank you very much for your time and have a good day!
Kind regards,
Lars
Another practice-analysis from my side.
As you can see, LBRY Credits are in a nice upward move since around May 27th. The chart has since then formed a very nice Higher High/Higher Lows-Pattern and in my opinion is about to retrace back to the trendline to about 24000 Satoshi.
Once this sub-ordinate target it reach, I expect it to bounce back up to continue it's upward move and dash through the former high at around 30700 satoshi and moving further to a former high from back in 2016 at ~40600 by the end of June.
Please also keep an eye out for the MACD, where the signal line is to be crossed from below for further bullish confirmation.
I would really like to hear your opinion on this one :)
Thank you very much for your time and have a good day!
Kind regards,
Lars
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.