Gartley pattern in 4hr time frameDear Friends,
I detected a Gartley pattern in 4 hr time frame.
#DYOR
Honeybeecrypto
LUNC still trading above MA100 and MA9Dear Friends,
I am still bullish on LUNC and at this moment we see lots of ups and down in the price. My several 4-hour indicators are still giving me a green signal. Indicators can get wrong due to fud, news or whales manipulating the market which is why it is very important to understand when to take profits.
Please do your own research before taking any calls.
I am attaching one more chart here in this chart you will see Lunc is in the oversold zone in 4-hour frame.
Take care.
Lunc is growinghello,
I got a buy signal from my indicator on the 4-hour chart and also I see that in the 4-hour time zone LUNC is in an oversold zone see the blue circle.
#DYOR
Inverted hammer at the downtrend movementHello,
An inverted hammer has reversal implications if found after a downtrend and that is why we saw a big green candle after that. In my opinion, we may see a few more green candles if no negative news is seen.
All the technical analysis fails if there is any kind of news.
#DYOR
LUNC is reaching oversold zoneHello Friends,
We are seeing some downward trend in lunc busd.
In my opinion and as I read the charts I see that it is reaching the oversold zone in both 1 hour and 4 hour time frames. However, because of merge it can move in any direction following bitcoin. So, it is important to keep an eye on bitcoin, merge and how the market reacts.
#DYOR