LUNCUSDT trade ideas
LunC UpdateFollowing my last post; I was waiting for a short term pull back. That time frame has now been fulfilled and there is now a viable ABCDE wave 2 retrace. This of course will only be confirmed with a break up and out of the top trend line. This is not guaranteed. The triangle is a symmetrical set-up which means market indecision. It is neutral and has a 50% chance of breaking up or down. I am personally leaning bullish until a confirmed break down, however.
$LUNCIf this has to pump now is the time
you've got the 99 ma and the 8 ema both keeping this down along with confluence of HTF resistance
been neglected for a while so should pump , try keeping a sell order ( volatility ) unless you're planning on hodling it for a while .
not in this trade was just curious..
LUNC squeezing for a breakout. Circle #1 shows where the Pro Blue Osc (Blue Dotted Line) rose above the zero line (Light Blue Line) back at the end of June and is now moving nicely in a consolidation pattern above it. The Bollinger Bands are now starting to come together in a tight squeeze while RSI stays at a healthy bullish level around 50. It just made a Bullish MACD cross as well so all indicators on the Daily pointing to a nice move up.