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.
Lunyrtoken
LUNBTC formed bullish Cypher | Upto 48% expectedPriceline of Lunyr / Bitcoin cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.0001238 to 0.0001095
Sell between: 0.0001351 to 0.0001622
Regards,
Atif Akbar (moon333)
Missed $ARN, Don't Worry! $LUN is HERE Ready! Why?To be fast.
1. Same setup! Ascending triangle. you can buy on confirm box colored as orange that i drew above to be convinced and taking a safer R:R.
2. One of the most favorite low total supply on the game.
3. Good fundamental but only have $8+ mills total marketcap at the moment.
4. Listed on Binance, yes! 80% volume of Lunyr is from Binance. More over, it's also available on Upbit, Bittrex and Huobi!
5. Already have a working product online, mobile apps, web and desktop app. Quite amazing work to make all of these available.
6. Pretty much having a lot of steady progress and I'm looking forward for more
7. Look at my indicator was saying to get in 21 days ago and still no sign of selling indicator yet.
8. My optimistic target and stop loss has set and looking forward to sell partially on pink lines, or having more on orange line. Which is more likely to go up in my bias.
Trade safe!
If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot!
