USTC
LUNCBUSD: Bearish Shark with RSI Weakness at 50% RetracementLUNC is currently trading between the 88.6% and 1.13% Range of the Pattern Completion Zone and is also at a 50% Retrace from High to Low. At the sametime the MACD and RSI are Bearishly Diverging but what i'm paying the most attention to here is the RSI Trendline that seems to be forming some kind of Bearish Dragon which if it breaks will most likely be the start of a Bearish Retrace to lower levels. I will have two targets here. The first target will be for LUNC to take back Half of the Harmonic and the Second target will be a 100% Recovery of the Harmonic. If we take back 50% i will take 50% off the trade and buy more LUNC with 50% of the profits and if it tak4es back 100% i will close off the remainign half of my shorts and use 50% of that to buy more LUNC.
Update for ustcSome update base on wave patterns for past analysis. Looks like its great entry point from here. But remember to put your stop loss.
USTC/BUSD #USTC CORRECTIONUSTC/BUSD CORRECTION.
Both fibs line up, lets see if im right. ill be buying at around 35c .it might wick lower but i doubt it
$USTC : Bullish continuation Soon?USTC Had an insane rally in the past week and is currently now in a bullish pennant. Now the price broke out and retested toe broken red resistance line and i am Expecting continuation of the bullish momentum.
Also, No wonders if we see some more sideways before the uptrend continuation.
NEXT WAVE IS NEARDo Kwon needs to recover his name, so USTC must be reborn and start a new journey. i heard they have good hidden news.