Long
LUNC - Ready for Breakout
LUNC is finally ready for breakout after staying in tight pricing zone for more than a month.
Notably, it made almost 900% gain from its All-Time Low and then entered pullback mode. There it remained dormant for a few weeks.
I am not aware about any specific news that may have caused this attempt for breakout, but technicals tell it is ready. Moreover, the attempts of Luna community to revive this dead token may bring some fruits in future.
Notably, it made almost 900% gain from its All-Time Low and then entered pullback mode. There it remained dormant for a few weeks.
I am not aware about any specific news that may have caused this attempt for breakout, but technicals tell it is ready. Moreover, the attempts of Luna community to revive this dead token may bring some fruits in future.
Note
LUNC's breakout failed. It cannot survive market pressure and still there is no good news about recovery of its network.
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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.