CapitulationCalls

Lunyr ~12 Dollars August 2020 refer to .45 cents as bottom.

Short
CapitulationCalls Updated   
BINANCE:LUNUSD   None
My chart is kind of a mess, but i did over 4 hour of TA so i thought i might as well give you guys a peek, here's the rundown of my analysis.


First pitchfork its based off the monthly candles, in return they don't correspond to areas that intersect with candles, based on the daily chart.

Second Pitchfork Corresponds to the bottom of the first PF, as well as (0) and (A) on the ABCDE Elliot Wave.

The third and Final PF is a Modified Schiff Pitchfork Corresponding to the bottom of the second PF, as well as (E) on the ADCDE Elliot wave, and a wick near the ~4.6 Dollar mark.






KEY:


Blue Arrows:
Signifies possible movement by Lunyr.


Red Arrows:
Signifies End Of Movement TA


Black Opaque Arrows:
Signifies Trend Lines


Black Candle Sticks:
Represents Strong Resistance/ Deviation From Trend


Purple Triangle:
Represents ABCD Triangle Pattern

Red Triangle, Near Bottom Of Graph:
Corrective Move Back Up To ABCD Triangle


Red Triangle:
Not To Scale, Refer to ~.46 Cents As The Bottom
Time Frame:
~12 dollars in August is speculative
Target Is Still The Same, Time Is Relative.
Targets And Stop Losses:
To Enhance/ Give Relative Targets To the Corresponding Channels



SHORT TERM SHORT
LONG TERM LONG
Will Update Chart If And When Lunyr Re-Enters the Lower Channel/ Re-Enters The End Of ABCD Triangle Purple Triangle



NOT AN EXPERT DISCLAIMER.
As Always DYOR and Good Luck.

Comment:
Apologized to users running Tradingview on mobile, chart only view-able on desktop versions do to Target and Stop Loss indicators.
Comment:
.75 cents "New target"/ 45 cent bottom if it doesn't recover.
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