Price rose and peaked over 100% in past 5 days on minimal volume.
Peaked out at resistance and dropped back toward support.
Is it hinting at what's to come or just teasing to draw in some $$$ ?
I'm gonna watch volume and 1200 break.
Lots of big percentage opportunities with this one.
Lots of room to fall too.
Zoom way, way out to see super lottery...
-news released started a selling pressure
-if you want to enter a trade here
-watch the area around 800 sat
-this is a good zone for a potential bounce up reaction
-do not enter a position if you do not follow risk management
-this game is full of high risk
LUN/BTC - LONG - POTENTIAL 24% Target
10% achieved so far - if it can break through next resistance then it should continue quite comfortably.
Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile.
Please always trade with caution, manage your trades and stop-losses This is not professional...
- Resistance Break Up
- Bases on trending reversal
- Support holding
- Strong Uptrend
- Risky setup - secure profits as this could get rejected hard
- Can wait for breakout to enter
Look after your portfolio and it will look...
Remember the "V Bottom" we spotted on the Lunyr (LUNBTC) chart?
We have some really strong bullish action after this pattern showed up:
Now, LUNBTC moved above EMA50 on the weekly (W) timeframe like the other strong altcoins have done.
This is a very positive development for LUNBTC...
LUN is quite strong and the buying zone of 1000-1100sts will be a very reliable area for us to buy in for targets like 1400-1500sts or even 2000-2200sts in the next 2-3 months.
The pattern will be broken if LUN falls off the 1000sts price zone
I shared a chart for Status (SNTBTC) with a "V bottom" pattern that played out nicely...
See it here:
The same can happen for Lunyr (LUNBTC) on the chart above, prices can easily jump after teh "v bottom" shows up.
-currently testing the trendline resistance
-painting a bullish descending channel
-we have a clear wide bullish divergence on RSI
-the price is already at the tip of the pattern
-trading strategy is to buy the breakout or retest of support
-upside potential is up to 1800s
LUN Downlink. U-turn area. Pamp coin with little liquidity.
According to the previous trading idea for this coin, the optimal entry point was not reached.
LUN Channel in increments of 60% Coin operation. Pivot points
Support has been broken. An attempt...