hello tradingview, quick LUNC update! drop a boost and follow for more 💛
in my previous analysis I pointed out how we approached extreme resistance with low volume when compared to previous history, as expected, real buying volume came in and we saw a break of long trigger and every single bullish target was hit within days.
what now? as long as local RSI trend support/pivot levels and strong trend support holds I expect the bull rally to continue.
a test of .0002930 and rally to new all time highs is still very possible! I would not short this coin right now. Below 0.00024, we may see some downside (if that every breaks)
So i will be keeping an eye on this level. That is all for now, have a good one!
in my previous analysis I pointed out how we approached extreme resistance with low volume when compared to previous history, as expected, real buying volume came in and we saw a break of long trigger and every single bullish target was hit within days.
what now? as long as local RSI trend support/pivot levels and strong trend support holds I expect the bull rally to continue.
a test of .0002930 and rally to new all time highs is still very possible! I would not short this coin right now. Below 0.00024, we may see some downside (if that every breaks)
So i will be keeping an eye on this level. That is all for now, have a good one!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.