L3gOnD

$LUN Going Parabolic?

Long
BINANCE:LUNBTC   None
This could be one of the first parabolic moves of altseason.

Not a formation I rely too heavily on but this certainly has the makings of a parabolic advancement as every time frame 6H and below is showing a parabolic curve with momentum. The target of the green box was determined by previous massive wicks that reached into and past that area within the past month as well as the 12H VPVR is strong in that region showing it as a distribution area.
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Comments

when do you think this baby will rip, I'm eyeing Cindicator aswell
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@t3rd, As I put on the chart if the parabolic trend stays intact, which I believe it is about to get tested as the it recently passed the long-term downtrend line with significant volume and is in a rising wedge with decreasing volume right now so a minor pull back may be in store to test both trend lines but that target is 3.5 days away so it would start ripping soon and all of the next few days. That target is a large order block so I would expect some resistance up there.
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@t3rd, There was the dip I was referring too. Should be about good to go for $LUN
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I love lunyr I got in on the last pump couple months back made some good $$
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@t3rd, Nice, yeah this chart looks special. First parabolic chart I have seen thus far. Most have been operating in typical wave cycles but this looks very parabolic especially on like the 1H time frame.
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