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as expected, we saw more downside impulse after extreme trend support, but quickly recovering as well (we predicted that too ;) hehe.
now what? well its at the trend resistance again and still in local downtrend, break of trend and .0004 will lead to some parabolic rally in LUNC.
rejection here and break of .000342 is bad news for longs, we can expect short term downtrend to continue if this happens.
goodluck lunc holders! see you soon with more updates. stay safe 🚀
as expected, we saw more downside impulse after extreme trend support, but quickly recovering as well (we predicted that too ;) hehe.
now what? well its at the trend resistance again and still in local downtrend, break of trend and .0004 will lead to some parabolic rally in LUNC.
rejection here and break of .000342 is bad news for longs, we can expect short term downtrend to continue if this happens.
goodluck lunc holders! see you soon with more updates. stay safe 🚀
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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.