LUNC / TetherUS
Updated

LUNC ANANLYSIS (2D)

703
LUNC, after a strong pump in the form of an X wave, appears to have entered a diametric pattern and is now at the end of Wave E.

In the green zone, we are looking for buy positions in spot, while in the red zone, we are looking for sell/short positions in futures.

To invalidate the buy and sell outlooks, we have marked two invalidation levels on the chart. If a daily candle body closes above or below these levels, the respective outlook will be invalidated.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade active
It finally reached the entry zone and has pumped over 12% since then. This is a dead coin. manage your risk carefully.
snapshot

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.