I attempted to point out one of the solid chart patterns above. This is on Librabry Credits. We are in an Ascending Broadening Wedge.
I think LBC is in a pattern now that will see us move north and possibly we see a little resistance as we cross the 200 Day ema, but if so we can initiate a stop below the EMA, wait for the break North and trail north until we hit the purple box at the top which is roughly a .618 fib hit.
If we see a pullback to the south, the purple box below should be where we see it go which would be a bounce of the 0, completes a double bottom and then pushes north.
For more analysis from myself or team members visit us at Coinmarketresearch.org
I think LBC is in a pattern now that will see us move north and possibly we see a little resistance as we cross the 200 Day ema, but if so we can initiate a stop below the EMA, wait for the break North and trail north until we hit the purple box at the top which is roughly a .618 fib hit.
If we see a pullback to the south, the purple box below should be where we see it go which would be a bounce of the 0, completes a double bottom and then pushes north.
For more analysis from myself or team members visit us at Coinmarketresearch.org