🔥 LUNC Forming A Bullish Channel

LUNC has been one the biggest gainers of the last week or two. As seen on the chart, there's a good potential for LUNC to be forming a bullish ascending channel in the process.

In my view, there's little stopping LUNC from seeing more bullish price action. I think that the current ATH value around 29000 is a realistic target. In case this target aligns with the channels resistance, prepare for heavy profit-taking around that area.

Kommentera:

LUNC has hit my target at 29,000.

I'm expecting strong resistance here, might fall back to 25,000-20,000.
However, LUNC is going viral on many socials, so we get easily see more gains from here. Will monitor.