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LBRY Credits Chance Of Reversal

427
LBRY Creadits downtrend could have come to an end, as price found the support at 0% Fibonacci applied to the uptrend trendline breakout point. The support has been rejected cleanly followed by the break above the downtrend trendline.

The chances that the corrective wave up will follow are quite high, although this could take some time. Price still could go slightly below the $0.15 support or produce a double bottom prior to moving higher. The very strong resistance area is based near $0.3 and could be the key level in the medium term future. Break above $0.3 should confirm the trend reversal, while rejection could extend the consolidation.

İşlem kapandı: hedefe ulaştı
Not
It might correct down now, but if it breaks above, long term uptrend shall be confirmed
Not
LBRY Credits Uptrend Continuation

Feragatname

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