Long
LUN/BTC update ****
If we break through the support 2 line and continue the up trend I have a feeling it will continue as per the green arrows .
If the uptrend line is broken before we reach support 2 , It will possibly bounce between support 1 & support 2 until it can find enough momentum to break through .
If the uptrend continues past support 2 but breaks before reaching resistance then it could continue between the resistance line and support two .
Good luck !
If the uptrend line is broken before we reach support 2 , It will possibly bounce between support 1 & support 2 until it can find enough momentum to break through .
If the uptrend continues past support 2 but breaks before reaching resistance then it could continue between the resistance line and support two .
Good luck !
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.