Long

LUN Kijun Retest0.00229

This may be a great spot to pick LUN up. Retracing to the 12h Kijun on double settings, so it is essentially the daily Kijun. 50% retracement from previous leg up and on the bottom of the cloud testing as support. We had a bullish TK cross just as LUN entered the cloud and this is forming a cup and handle formation so I expect to see a break upwards of the resistance line and then movement towards 0.00229. RSI is showing bullish continuation (hidden) divergence on time frames below the 12H as well as RSI is making lower low and price higher low. Looks like a good entry. Getting in on retracements in a upward market is way more profitable and better risk reward than FOMO buying and chasing pumps. Buy in before the pump.
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