blakeren

LBRY Swing Trade

Long
blakeren Updated   
BITTREX:LBCBTC   LBRY Credits / Bitcoin
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%)
Comment:
Bullish flag, first target is 980 sats

Comment:
Apologies first target is 3400 sats, thanks @CiscoRiveraMartinez for pointing that out
Comment:
Approaching first target. Alt market has had a slight pullback with money flowing into Bitcoin, but that's expected after the dip it had

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