SUMMARY
"The Library of Wealth"!! 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
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.**