Luna Classic Bullish Scenario
Updated
Luna Classic has already experienced a lot of depression and sideways movement. I think the door is open for the big players…
TP: 0.0012-0.0013
That is all.
TP: 0.0012-0.0013
That is all.
Note
Although it may not seem like it, we have good news. Today we experienced a deep drop in price. BUT, let's look at why it happened:
1. We first broke through an important downtrend resistance line that connected very long-term highs (red dashed line) to the upside
2. Subsequently, we made a significant retest of this line.
3. On the price chart we can see geometric proof that this happened like this.
I don't see it as tragic. On the contrary. I bought a few million LUNC at this point and I am so very positive that I also opened a small LONG position with a leverage of 5x.
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