evasivesteering

LUNC bottom is in

evasivesteering Uppdaterad   
BINANCE:LUNCUSDT   LUNC / TetherUS
LUNC has continue to declined since september 2022. In my opinion, the bottom is formed for LUNC. Here are my points:
  • The long-term resistance trendline had been broken
  • A double bottom pattern was formed and broken

LUNC is consolidating right above the neckline of the double bottom. What is missing here is a good buy volume so that volume indicators CMF and MFI breaks also there resistance. This will trigger a rally.

A reference setup is as in chart.

Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
Trade stängt manuellt:
Wait for BTC to bounce from 33K to re-entrer
Handel aktiv:
I bought (spot) Lunc at this price
Kommentera:
CMF indicator is breaking out
Kommentera:
Here we go. almost 40% since my entry
Kommentera:
LUNC retested the neckline and is bouncing hard. It is heading the TP2:
Kommentera:
95% since entry. TP2 hit
Kommentera:
+130% since entry. LUNC price is heading TP3
Trade stängt: målet nått:
TP3 reached, with 167% since entry. I'll wait for a new trade with LUNC.
Thanks for reading (and trading if you're in).

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