First things first:
DO NOT BUY THIS COIN WITHOUT YOU KNOWING IT CAN GO DOWN DEEP! ONCE AGAIN...THIS IS A ZOMBIE!
Second THING: I calculate my charts with math. (No Trend line Crap, this is a very old tradition for TA but the only way to do it correct)
if its to much for you (all these lines, that I will explain later) don't complain because you don't understand it or because you learned to have less lines because some Fake YT trader told you to do so.
"Traditional TA" is for " The people" , specially made for you! But why? So you can have 4 trades correct (SEEE! The bull flag worked!) and have 6 trades wrong... Yea... keep pouring money in the system"
Let's start then:
1. LUNC has shown some significant strength in recent days against the general bearish crypto market.
2. LUNC has some significant events that would be influential to it in coming days and months.
3. LUNC has once again -- FOMO
How does my chart work:
1. Look at my 4h Chart, safe it like it... I don't care. (Don't look below the 4H time-frame)
2. Pay attention to THE GOLD line's on my chart. That a 0 or 10 in math, so 100% or 0% - aka the starting point for a PUMP when it breaks up. The starting point for a DUMP when it breaks down.
3. The white lines are called NOISE lines - aka TAKE PROFIT (10%) at these lines when trading bull or bear.
4. The RED/BLUE lines are DIRECTION LINES - TAKE PROFIT for 50% or ADD for 50%
GOOD LUCK!
Kind regards,
Member-Berrie