LBRY (LBC) Update: Double Cup & Handle!!! Unusally BULLISH!

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·@haejin·
0.000 HBD
LBRY (LBC) Update: Double Cup & Handle!!! Unusally BULLISH!
<center>![](![]![](https://steemitimages.com/DQmdYYJYeken6C9AQZSBSYEGunuEfAv7nSg4ZURCWXnKteL/image.png))</center>
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**SUMMARY**

LBRY (LBC) is correcting by forming the handle of a smaller cup (white). It's only a matter of price putting in the handle formation before impulsing upwards. Target remains $1.37. Note how the much larger Cup & Handle (blue); price should soon exceed the top point of hte blue handle! The bullishness of this setting is IMPRESSIVE because double cup & handle is unusual!

![](https://steemitimages.com/DQmPRogJzYtFCFTEFhn5X1Ko12rWZ9R26WV58vm89A62uGd/image.png)

Talk about double Cup & Handle! I've drawn a forward discerned (white) cup & handle and if wave 2 coincides with wave the handle formation, then then wave 3,4,5 should target 0.00122 BTC!
![](https://steemitimages.com/DQmd9yK9Mbz6bsdwu4KRchnvfmyvG3aFw26PPvEL9dUdxHV/image.png)


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[Elliott Wave Counting Tutorial #1](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-1-by-haejin)
[Elliott Wave Counting Tutorial #2](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-video-2-zig-zag-and-flat-corrections-how-to-recognize-and-label-corrective-waves)
[Elliott Wave Counting Tutorial #3](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-iii-how-to-label-and-apply-triangle-price-corrections)
[Laddering](https://steemit.com/bitcoin/@haejin/an-effective-buying-and-selling-strategy-laddering-a-tutorial-on-to-cast-a-ladder) and [Buy/Sell Setups](https://steemit.com/bitcoin/@haejin/when-to-buy-and-sell-using-elliott-waves-a-tutorial). 
[Laddering Example with EOS](https://steemit.com/bitcoin/@haejin/eos-target-usd3-22-analysis-update-live-real-time-laddering-example-you-don-t-want-to-miss-this)
[Tutorial on the use of Fibonacci & Elliott Waves](https://steemit.com/bitcoin/@haejin/tutorial-on-the-use-of-fibonacci-ratio-and-elliott-waves)
These Technical Analysis Books: [Elliott Wave Priniciple & Technical Analysis of Stock Trends](https://steemit.com/bitcoin/@haejin/n98sk-haejin-s-ta-book-recommendations-for-elliott-wave-and-chart-pattern-recognition) are highly recommended
[@haejin's Trading Nuggets](https://steemit.com/bitcoin/@haejin/haejin-s-trading-nuggets-all-learned-through-tonnages-of-failure-experiences)
[Essay: Is Technical Analysis a Quantum Event?](https://steemit.com/bitcoin/@haejin/essay-is-technical-analysis-a-quantum-event)

Follow me on [Twitter](https://twitter.com/Haejin_Crypto) for Real Time Alerts!!
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