davidmarcus1324

Bull Pennant

Long
davidmarcus1324 Updated   
KUCOIN:LUNCUSDT   Terra Classic / Tether
Biggest bull pennant yet, falling volume falling price just like the previous 2 times before it pumped. Each time the RSI was in an oversold position, just like it is now. Wait for a breakout and its likely price will continue higher, at least that's what we can assume.
Trade active:
POSSIBLE SHORT to gold pocket, looks like a rising wedge broke.
Trade active:
Hidden bullish divergence formed on 3min and 3min stochastic RSI is oversold. Be weary of a higher high then hopefully dump.
Trade closed manually:
Close that short if you entered in, close to the 0.618 and a 5.6% short profit of 5.6%
Comment:
Trade closed: stop reached:
Potentially LUNC is in Wyckoff distribution and has just completed the SOW.
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