Trading Opportunity - LBC/BTC

LBC is going NUTS

LBC cHART.jpg

I do not know what triggered this epic LBC run but I sure am enjoying it!

I woke up a couple of hours ago just to find out that LBC has touched $0.22 while I was sleeping! Damn! LBC was trading around $0.03 yesterday and I was thinking of selling some of my holdings since I was already in "green". I am so glad I didn't!

Actually, I just transfered some of my LBC holdings to Hotbit so I can sell them for some cheap BTC. I could also trade LBC on Bittrex exchange but I have yet to complete their KYC so I'll stick with Hotbit for now!

Trading Opportunity?

This is the LBC/BTC 4h chart on Hotbit

LBC is trading sideways around $0.07-$0.09 for some hours now.

Disclaimer : I SUCK at trading

I think LBC is forming a "Head n' Shoulders" pattern so I'll place 2 sell orders once my LBC arrive at my wallet!

I'm gonna sell 1/3 of my LBC chunk at 0.0000087 Sats ($0.1539) followed by a second one at 0.000015 Sats ($0.2646). I'll keep 1/3 of my LBC in my wallet just in case LBC skyrockockets and to minimize risk I am also gonna sell my LBC at around $0.05 if the price starts declining hard.

I know we have some expert traders like @toofasteddie here on Leo so I please enlighten me! Do you think LBC will keep mooning or is it just me? As I said, I suck at trading!