Hello friends, nice to meet you. I hope you have a good day #LUNC It had hoped for a rebound after the big fall, but it continues to be resisted by the power of sell. Currently, It was retested about fall in the zone, and It is dropping down.
BINANCE:LUNCUSDT Long idea 2 entry point 4 targets ❌every TP can act as a resistance and dump the price ⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help. #DYOR Don't forget to 🚀 and comment
Since BUSD is over, I migrated my idea to USDT LUN pair.
I don't know if we are in a real bull market or a trap. But we need to react to price movements. luncusdt has been getting stronger in the last few weeks and I think it will make a move again from here.
◳◱ A Bollinger Band breakout has been identified on the CRYPTOCAP:LUNC / CRYPTOCAP:USDT chart. The price has moved outside of the upper Bollinger Band, indicating a potential bullish trend. The next resistance key levels are located at 0.00010973 | 0.00013191 | 0.00017099, and the major support zones can be found at 0.00007065 | 0.00005375 | 0.00001467....
A 3-push (Wedge Bottom) has been formed and based on the buying pressure and strong support area I expect the price to rise from here. Good entry point with a nice R/R ratio. NFA