THE BREAKOUT PATTERN CONCERNING LBC

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After a few months on a downwards trend, LBCBTC is ready for a trend reversal. This can be seen especially when looking at the pitchfork pattern and the breakout that is currently happening. Additionally, when looking at the volume in the past few weeks, it is clear that a sudden price increase will happen. The RSI and the Stochastic RSI seem to confirm that the market is not currently overbought, making this the perfect moment for a breakout. The aim will be to go towards a price that is close to the ATH but not over, as the BTC price has seen a sharp increase in the past months.
LBCBTCTrend Analysis

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