Hello guys, i am @dfabi and today i want to share with you my analyze on LBC.
In this moment, as you can see in the picture, on 1 day chart LBC forms a descending triangle which is very close to breakout. Once it breaks the resistance and confirm the breakout LBC will have a clear path till will meet Ichimoku Cloud Resistance. Anyway, this will be a 50% gain.
Let's talk about what indicators tell.
MACD and RSI are both oversold and that is a good sign for LBC, as it confirm that LBC will grow very soon!
My estimation is LBC will break the resistance in maximum next 4-5 days and will have a nice gain.
Thanks for reading, let a comment bellow if you like my analyze, follow me for more and let a tip if i deserve it.
Peace!
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