SUMMARY
Below is a longer term Elliott Wave layout of LBRY (LBC) and the target should exceed $1.04 adn then $1.26!! Elliott Waves moves in a fractal of five waves and three wave correction. We are not even close to being done with the five waves, as you can see. The earlier shorter term target was hit at $0.45 like hot knif cutting through butter at room temperature.
Here is the LBC/BTC pair. As Bitcoin rises, LBC/BTC can still rise and it all has to do with sentiment and that drives bullish demand. I've forward discerned how the rest of the second Cup & Handle could form and it looks quite bullish! The first target is 0.000408 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
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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
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.**