🔥 LUNC Forming A Bullish Channel
Updated
LUNC has been one the biggest gainers of the last week or two. As seen on the chart, there's a good potential for LUNC to be forming a bullish ascending channel in the process.
In my view, there's little stopping LUNC from seeing more bullish price action. I think that the current ATH value around 29000 is a realistic target. In case this target aligns with the channels resistance, prepare for heavy profit-taking around that area.
In my view, there's little stopping LUNC from seeing more bullish price action. I think that the current ATH value around 29000 is a realistic target. In case this target aligns with the channels resistance, prepare for heavy profit-taking around that area.
Note
LUNC has hit my target at 29,000.I'm expecting strong resistance here, might fall back to 25,000-20,000.
However, LUNC is going viral on many socials, so we get easily see more gains from here. Will monitor.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Related publications
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.