SUMMARY
LBRY (LBC/USD) coin is shaping out a very bullish looking Head & Shoulders bottom formation As seen in below chart, the left shoulder, Head and Right are all complete and basically it only needs confirmation by breaching the Neck Line! The volume alos confirms! Minimum travel target is $0.416 but I expect much, much higher prices.
The below is LBC/BTC...can you say BREAKOUT!!!? Price breached out of the Bull Flag pattern and now the Elliott Waves tell the rest of the story!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Laddering and Buy/Sell Setups.
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
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BTS Wallet - haejin1970
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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.**