LBC above 0.215 still maintains the strong uptrend of previous days, although it may have an accumulation period of $ 0.20, however a quick rise to the target of $ 0.3 should not be ruled out.
Probability 1. Fall to $ 0.20 and return to $ 0.22 - $0.235 continuing with the consolidation process at these prices.
Probability 2. Quickly climb to $ 0.235 and $ 0.255, maintain the consolidation at these prices and then quickly rise to $ 0.27 and $0.30
Probability 3. Fall very quickly to $ 0.16, and return to $ 0.16 continuing with the consolidation process, if it fails to keep it falling again to $ 0.13
See this analysis in tradingview: In 4 hour: https://www.tradingview.com/chart/LBCUSDT/aXLMH8Be-LBC-vs-Usdt-23-March/
Clear presence of greater supply than demand (OBV too, but not shown). One caveat: volume bars + OBV can be misleading due to fragmented nature of exchanges. For accuracy, look at multiple exchanges.
Argument can also be made that this was Phase C UTAD.
Ctsy. Wyckoffanalytics.com
First, if there is a rebound, the first would be a rebound and re-mark a maximum above $ 9,800, exceeding $ 10,000, to continue rising.
The second option would be to keep going down to Fibbo level 0.38 around $ 7,700-$ 8,000, I see the second face as more likely with a monocle
LBC above 0.215 still maintains the strong uptrend of previous days, although it may have an accumulation period of $ 0.20, however a quick rise to the target of $ 0.3 should not be ruled out.
Probability 1. Fall to $ 0.20 and return to $ 0.22 - $0.235 continuing with the consolidation process at these prices.
Probability 2. Quickly climb to $ 0.235 and $ 0.255, maintain the consolidation at these prices and then quickly rise to $ 0.27 and $0.30
Probability 3. Fall very quickly to $ 0.16, and return to $ 0.16 continuing with the consolidation process, if it fails to keep it falling again to $ 0.13
See this analysis in tradingview: In 4 hour: https://www.tradingview.com/chart/LBCUSDT/aXLMH8Be-LBC-vs-Usdt-23-March/
El precio del $ dólar vs VEF cotiza a Bs. 1.880.000; el € 2.267.000 y el Reais a 331.800. El $ dolar tiene mayor tendencia a Subir a 2 M.
Actualización del dólar, real brasilero, euro, oro.
Today I have the daily chart pulled up and I can see we had a nice little pump yesterday afternoon. It took us to almost 9900 before we retreated a bit to where we sit currently at 9660. We are still in this consolidation pattern between 8800 and 10200 (barring a few wicks outside of this range) since early May and we remain there... The weekend is coming too which could see more consolidation. The weekends are typically less eventful from my experience anyways. I have seen some good pump weekends but more often than not it is pretty flat.
The daily shows us that the golden cross is still going strong. No indication of a reversal just yet anyways. The golden cross is considered a bullish event but I would have to say that they dont always perform the same. The one from last year (around early April 2019) saw us rise from mid 5k to 14k in a matter of weeks. This golden cross doesnt seem to be performing the same as the one from last year but I will keep an eye on the action until the cross gets snubbed out or we pump. If you cycle to the weekly you can see we are currently above the weekly cloud. We keep escaping the cloud only to be sucked back into it. I am eager to see the weekly candle close above the weekly cloud as being above the cloud is bullish in nature. We have either been inside of the cloud or beneath it since December 2019 so closing a candle above the weekly cloud would be a decent accomplishment which could instill confidence in the market. The 4hr 50 MA provided us with support while I was writing this analysis so that is a good sign. I have been saying it for a while now... We have a lot of support below us which is a good thing if you are a bull. It also gives traders more confidence in the market. On multiple time frames we are above the 50 MA and the 200 MA along with the cloud. All of these are bullish signals.
Grafica del Precio del dolar vs VEF, Actualizacion del dolar, real brasilero, euro, oro.
Precio actual del dolar vs VEF = Bs. 1.886.000; el € 2.272.000 y el Reais a 335.600. El $ dolar tiene mayor tendencia a Subir a 2 M.