Can see that Lunyr is now oversold on the 1/6/12hr charts, it is possible to still go as low as 14~, I will be placing orders from 14.4 down to 14.0 to take advantage of the situation, although I can't really say when specifically it will turn upwards and it may look like the price is going nowhere, Lunyr is clearly becoming extremely oversold on the longer time scales indicating an equivalent long term reversal - like I said earlier, the launchpad undergoes "formation", the drop to current price can be seen as that launchpad. Also keep in mind is the launchpad is not "formed" until we see wt cross exit the oversold zone again.
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update:
from luneth chart i think its possible (50/50) to spike down to .016~ which may coincide with a previous low on lunbtc .0013 - just something to be aware of
Thanks for monitoring LUN! Keep it up, as I am also watching LUN. A great coin to make money on buy low sell high in short timeframe.
Nagat
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Oh sorry just got what u mean. In ETH to 0.016 in btc to 0.0013000
su314ka
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What happened with the launch? Seems that is the price is departing from the arrow.
aoguang7777
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@supika, price came down so far almost exactly to .0013 like I said in the update a few days ago, seems on track to me.
Nagat
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Sorry bro but I don't know how to read chat at all u mean it can drop to 13000 or rise to 0.016000?
Nagat
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What's your first target bro?
aoguang7777
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@Nagat, I have defined some targets on luneth, will post it soon - can refer to the older luneth chart to see a general direction, previously I mentioned about .1 eth, updating that to (.066, .09), .1eth will come after but it will be just a blip on the way to the final rather bold target.
Nagat
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@aoguang7777, wow but that will take a long term because of btc right?
aoguang7777
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@Nagat, it will not take a long time because of btc, this formation has been going on for well over a year
second, the price targets I personally will be setting are in luneth - feel free to sell to btc when the time comes if you prefer lunbtc, but I have calculated targets for luneth so I prefer to stick with that
third, there is no need to worry about the price of eth or btc vs fiat and their effect on alts always, this is crypto - for certain coins/tokens it is appropriate to set targets in fiat, for others it is appropriate to set targets in crypto pairs - the key is knowing which pair to use for each situation
Nagat
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@aoguang7777, I trade in binance only and there's no fiat there