Long

LUNC breakout on 4h - Confirmation needed on daily candles

Updated

LUNC formed a trend lines in the past ~2 weeks due to correction, today it was broken on 4h candles, still confirmation on daily candles is not confirmed.

On breakout
1. TP1 at 0.000235 - 50%
2. TP2 at 0.00033 - 50%

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1 Day candles chart

https://www.tradingview.com/x/fx6MsDw1/

Note

Last resistance "white" line left, after we break above we will see massive pump.

Note

4 hour timeframe, still we need confirmation on daily candle last one was rejected and consolidation was continued.

Note

LUNC have break the second trandline "white line".
Correction was achived, we can see that support line at 0.00013440 was reached.

LUNC consolidate now, if we will be pushed down to the 0.00013440 the setup is not valid. In the next days we should break above 0.00017829 and then LUNC will consolidate above the line before pump to ~0.0003

Be careful if the support area wont stand.

CryptoHallucin

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