ShadowPlayer

LUNCUSDT Trade Idea - Mid-term target

Long
ShadowPlayer Updated   
KUCOIN:LUNCUSDT   Terra Classic / Tether
Hi to all TV people, this is a quick chart idea on Lunc.

This is a low cap coin. Last year Lunc demonstrated to us how strong can be when it goes in "full rip" mode.

The graph showing my mid-term target.
If it reaches 0.0003 region and close monthly above that level... who knows how high can be the stop?!


This is my idea, not a financial advice. Always trade/invest safely and DYOR.



Thank you.
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Be aware, we still have a probability of a market correction. To me is a 50/50.
Risk under your control.
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As expected we had a correction. Now there's another test of 0.00008 level, we need at least one or two 4h candles above. Also spotted a slight bullish divergence on the 4h.
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Be patient. Always focus on target, no matter how much time it will take.
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We want a close above 0.00011420 at end of November.

It would result safer to buy spot this coin due to the high volatility IMO.

DYOR.
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Monthly candle in 15 hours, closing at midnight UTC.

I expect some volatility across the market. Let's see how it goes.

A good close will confirm 0.00021 target.

Stay safe. Risk under your control.
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Good monthly candle, we should reach next target. Be careful of sudden liquidation wicks for high leverage positions.

Remember: spot position is a safe bet for this alt. HODL.
Comment:

Life is so easy when you know what you doing.
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Doing great till now. More to come!

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Target reached. Congratulation to everyone followed my analysis.

This is a good zone for consolidation.
Let's seek for new targets!


ShadowPlayer.
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Can touch between 0.00027 and 0.00031 before cooling off.
Then watch next accumulation zone to buy more.

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LUNC can search for lower levels to gain support: between 0.00017-0-00019.

Few hours ago the dump was severe, expecially for LUNA, that is currently following price action of LUNC.
Again I say: trade spot only for a lower risk.
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As said earlier, LUNC had to cool off a bit. Now is testing the new accumulation zone.
NOTE: There's still a chance it can visit 0.00018 before resuming bull run.

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It's a decision point now. Next support at 0.00017.

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Reversal trigger is ON.
First target should be 0.00026.
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Looks like Lunc needs a retest of breakout to confirm bull mode. Let's see of it's confirmed or not.

Risk under your control.
As I said earlier, spot position only is advised.
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