There are only two options now, begin the climb or head deeper into oversold, allowing for another amazing buy opportunity - my money is on a trip up.
(keep in mind we spent 10 days in oversold before the last run out)
Can see that Lunyr is now oversold on the 1/6/12hr charts, it is possible to still go as low as 14~, I will be placing orders from 14.4 down to 14.0 to take advantage of the situation, although I can't really say when specifically it will turn upwards and it may look like the price is going nowhere, Lunyr is clearly becoming extremely oversold on the longer time...
Lunyr sell signal is likely to come in the next hour, taking us just a bit further - this will likely be the formation of a launchpad, as Lunyr will become extremely oversold at this point and be forced to reverse, still confident we can hit targets - my advice right now is prepare to buy the coming dip(s).
The daily candles are indicating 2 things for LUNBTC:
1. Lunyr is heading towards the oversold region
2. LUNBTC price will fall in the short term, allowing the final buy opp before Lunyr takes a trip up.
As Lunyr is entering the oversold region, it is possible to definitively say that once it exits that region LUNBTC and LUNETH will head towards target zones,...
WT Cross suggesting the long awaited daily buy signal will be drawn out tomorrow or the day after (observe the bands coming in) || The buy signals have already cascaded up the time scales with one drawn a candle ago on the 12h scale
Mun Marines, I hope you're prepared.
LUN MUN SUN
Hello friends,
This triangle formation like the previous inverse h&s on lunbtc has been developing for some time, this to me indicates big money in play over a long period of time
Inside the triangle, after the two bounces on both ends establishing bounds, we now have a cup and handle formation - the cup was recently completed with the last spike, touching the...
So far LUN is following the projection VERY well!
But by no means is it done yet :) Hold for just a while longer and enjoy if all things go well!
(expecting a retest of .00225 and .0025 now)
Message me if you need help with TA and good luck/safe trading!
Hello friends! A quick update on Lunyr for the other holders out there :)
No need to panic over the recent price drop, although Lunyr has come down a bit, it is still on track for a massive breakout - its been 1 year in the making and currently doesn't look like it can be stopped, for anyone who bought the dips, congratulations - and for anyone who bought the...
It looks to me like cup formation finished successfully some time ago, and now handle formation has completed successfully --- leading to a transition into the breakout phase.
looks like there is resistance at .00225 and .0025 - once we are past those it is possible to break out
if resistance test is met with rejection lunyr would probably take a trip down before attempting to break out again.
