As your can see from the current bloodshed in the Alt coin market, its a good time to jump on to certain coins that have news very soon. LBC has jumped off the 0.78 Fib very strongly.. News on the 20th of July of the release will cause a major spike in price. Alt coins can only bleed so much till they can not bleed anyone, have we reached that point? I'm not sure but LBC from this point onward looks like a great buy.
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1 day chart show a cup and handle formation. 0.786 Fib still held. Upward momentum begins
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I have closed my trade, BTC isnt looking too healthy at the moment. I have taken a 20% profit, even though tomorrow we expect news on Beta.
Safer to take a small profit than to have a major loss.