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Lunyrcoin

LUNBTC formed big butterfly | Upto 808% massive bullish moveWorld's 661 ranked cryptocurrency out of more than 2300 cryptocurrencies Lunyr (LUN) with Bitcoin pair has formed bullish Butterfly pattern and entered in potential reversal zone and ready for bullish reversal soon. This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone. The price action has crossed more than 1.27 fibonacci but cannot reach upto 1.618 coz this Fibonacci level is in negative and price action cannot move down than 0.0000001 sats how ever we have very strong support at 0.0000836 sats so there are very less chances that price action may break this support level. Lets have a look on the dimensions of LUN with Bitcoin pair priceline's move: After inertial leg (X to A) the A to B leg is retraced between 0.618 to 0.786 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B leg's Fibonacci projection and final (C to D) leg is retraced between 1.27 to 1.618 Fibonacci as perfectly required for bullish Butterfly pattern and now the price action is moving in potential reversal zone of bullish Butterfly, now we can expect bullish move at any time which will lead the price action between 0.382 to 0.786 Fibonacci projection of A to D leg, but after this bullish divergence if the candles sticks will be closed above the 0.786 Fibonacci levels then it can also lead to the long term bull move. As per Fibonacci sequence method we can set our targets as below for mid term trade: Buy between: 0.0001836 to 0.0000836 sats Sell between: 0.0003521 to 0.0007594 sats So this trade has potential to produce upto 808% very very big bullish move. Regards, Atif Akbar (moon333) The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish Butterfly pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
LLong
by moon333
Lunyr is Fun !Lunyr is a decentralized knowledge base built on the blockchain and they have lot of more good ideas in their developments. This coin not really following BTC Trend if u compare trends from February to now. it's a brutal coin :P Lunyr bottom was around 10000Sats in June, and now making a small correction and sitting on EMA 200 around 12700 Sats. Now this all we can see as buying signals in 4H Chart : - Hugggg green volume Columns, can be considered as a strong buy signal - Changing ichimoku cloud red to green and flying up .. - EMA 50 and EMA 100 just Crossed up Look Like safe to buy some bucks of this coin now and can be a good reward as he can pump back fastly to 17500 Sats. But like i always say... Keep an eye on btc and trade safely with a stop loss. (9990 Sats) Happy Tr4Ding !
LLong
by thecryer
Lunyr - Bitcoin (LUNBTC) Technical Analysis Price PredictionBITTREX:LUNBTC After a phenomenal bull run from December, Lunyr took its most anticipated correction of 50% on January 11th during the Bitcoin Correction in January. It rallied another 100+% after hitting .231 strong support levels, also hitting for the first time, the Daily ascending trend line that it respected so amazingly during the November and December '17's bull run. The noticeable warning signal which flagged red at me, was the daily bearish candle closure below the trend line previously spoken about on 31st January 2018. In conjunction with this, the daily price closed below the .310 supporting line. Very bad news at this point. With a pathetic 5% retest of the break LUN proceeded to sell for a further 13% loss. This depreciation caused yet another strong supporting level to snap at .280 then plummeting a further 20% before forming a healthy pull back, but still unsuccessful on a breach back up. As of right now, .176 is a seriously strong support and potential rejection area. As the very first bar formed a closure at this level back when it was first listed on Bittrex. With alignment of a weekly time frame Moving Average, definitely shows signs of a positive rejection off this level. We are currently within the daily curve channel, as we are heading towards the bottom of the curve, we could see ample rejection off this area with added points stated above. Daily RSI is 20% off being bottomed out and hitting the 30 area. Showing signs of being oversold shortly. 4HR price is currently trading below its MAs. A potential buying range for this pair would be .185 and .174 (I say potential as I do not give trading signals, use this at your own discretion) a potential stop loss level of .164 Now, lets talk potential downside alternatives. If all of this only results (or doesn't at all) in a tasty 18-25% retracement and rebound up to .225 off the TA given above, and then continues to head downwards. If .174 snaps the price will be below the weekly MA at this point, so expect a few more levels to slowly get taken out. Theoretically at this point, the daily RSI should show a oversold region of 30 at approximately .129
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by samwellm
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