LBRY Swing Trade
LBRY has had some massive buy ups these past couple weeks which is evident from the large green volume spikes, as well as the large run up on the OBV. Price is currently in a nice accumulation zone after bouncing off of a solid support line, the same spot that caused the last run up in March - June. The MACD is getting quite tight and has also vreated some bullish divergence. I'll be looking to scalp and take profits at the 7000 sat mark (around 200%)
Note
Bullish flag, first target is 980 sats Note
Apologies first target is 3400 sats, thanks CiscoRiveraMartinez for pointing that outNote
Approaching first target. Alt market has had a slight pullback with money flowing into Bitcoin, but that's expected after the dip it had
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.