↘️As you can see Lunc is in a descending tringle which is formed after getting rejection from a value area. And volume is being lower and lower in last some candles. If we do not see any significant volume increase then we may down by 50% and we may see LUNC at the lower value zone which is between 0.00009 to 0.00013🤔
↗️ But if we see any fake breakout in the tringle with significant volume increase, then we may see him around 0.0003 or even higher which is the upper value area for LUNC. Then It may fall to the lower value area if fails to break ans stay above the upper value area which will work as resistance.
Comment what do you think about this analysis, what is your thinking about LUNC and what are my mistakes in this analysis. It will help me to improve myself and also help others to get idea about what is the future of Luna Claassic.
But I think LUNC is overall bearish. When will be the next burn?🤕
Thank You, Happy Trading
Don't forget to follow if my ideas look benificial for you
↗️ But if we see any fake breakout in the tringle with significant volume increase, then we may see him around 0.0003 or even higher which is the upper value area for LUNC. Then It may fall to the lower value area if fails to break ans stay above the upper value area which will work as resistance.
Comment what do you think about this analysis, what is your thinking about LUNC and what are my mistakes in this analysis. It will help me to improve myself and also help others to get idea about what is the future of Luna Claassic.
But I think LUNC is overall bearish. When will be the next burn?🤕
Thank You, Happy Trading
Don't forget to follow if my ideas look benificial for you
Comment:
Don't forget to comment what you think about this idea....
Comment:
🤔🤔
