LBRY Coin (LBC): CUP & Handle Complete and Confirmed
SUMMARY
It's sure taken its time but the Cup & Handle looks complee and with the recent breakout, complete. Cup & Handles take a very long time as we had also witnessed with STEEM a few months ago. BUT, once complete and confirmed, this pattern is able to sustain a lasting bull trend. The Fractal patterns are still in effect and if Fractal #1 is any indication of what's to come, price fireworks could be in the works.
The closeup shows that the handle microwaves count to completion. Wave C of the ABC subdivides to five very nicely. The breakout was a bit sideways but if BTC provides the market sentiment support; LBC should rise into waves 3,4 and 5.
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Thanks @haejin I appreciate you fulfilling this request...been loading my bag up during this correction...
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@haejin Could you please please provide an update for GAS?
Here you go. Take it for what you want. There was an ABC correction followed by the first impulse leg up. You can see the cup and handle formation. Leg 2 is forming the handle part and may need some more time to complete. Leg 3 may take price up to close to 200. This is on a 4 hour chart, so keep that in mind. @haejin would really appreciate you looking at this chart for a critique. As always thanks for the great work.
Does EOS fits Cup and Handle too? or is the top on the right too high?
EOS/BTC
EOS/USD
Thank you,
Do you think EOS/BTC shows cup and handle?
Also, what do you think about the EOS/USD break-up or break-down?
The LBC is still an upcoming coin and will always follow BTC's trend.
However, these small coins normally lead to a great profit when buying them at an early stage.
LBRY Credits LBRY Credits (LBC)
$0,365560 USD (-2,88%)
0,00003345 BTC (-5,14%)
NOW PRICE
What coin is that??? I never hear before...
Thank @haejin for your sharing
Nice pist sir
thanks for update
It is true, asking for someones help who is more knowledgable about investment is a must so we will be able to make use of our money wisely.
Thank you @haejin for taking the time to share such valuable analysis, I still do not have LBC but I will have it
Great helpful