SUMMARY
LBRY Credit (LBC/USD), very similar to ETH, had been forming an a,b,c,d,e triangle as shown below. I believe every wave is now complete. This leaves a high probable scenario where price will impulse upwards and breach outside of the triangle. The short term target of $0.3359 is expected. Yes, $1.58 is still the longer term target and it remains solid!
The LBC/BTC is completing a bull flag. In fact, the w,x,y is complete. It is most likely a bit behind compared to the LBC/USD pari but it too will start putting in higher highs towards 0.0000538 BTC.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
Follow me on Twitter for Real Time Alerts!!
--
--
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - haejin1970
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
