Lunyr Rise To Continue - Almost 400% PotentialLunyr continues to look very attractive especially after the strong correction down, from $69 to $19. During correction, LUN/USD lost 72% to USD, although prior wave up resulted in a gain of 1400%!
During the downside correction price almost reached the 200 Moving Average, but was stopped right at the 76.4% Fibonacci retracement level which has been rejected cleanly. It appears that Lunyr is ready to continue printing higher highs and higher lows with the next upside target being at $81. The resistance is confirmed by two Fibs applied to the last two corrective waves and it could be the key price for Lunyr. Break above it should push price further, up to $126 or perhaps even $170 target. At this point only a break and close below the 200 Moving Average could invalidate bullish outlook.
LUN
Lunyr (LUN): going to visit the moon. Lunyr is going for a bull-run. Their product is launching a beta platform at the end of this month and the charts are looking promising.
First of all, it has made a nice cup-and-handle pattern, currently making the handle, preparing for a ‘5th’ wave to heaven.
On the LUN/USD-chart, you can see that the price has broken out and retested the last top as support.
Zooming in on the LUN/BTC-chart, you can see a completed corrective-structure:
(Please don’t message me to tell me that the Elliot-wave structure is not according to the book, nobody gives a f**).
Targets are marked blue on the chart.
Bye.
LUN about to go LUNAR with 236% profit potential!Currently at 38000 sats and I'm looking for a fib extention around 90000 sats at least, a lot of fundamentals on the horizon, they just started advertising for their beta at the end of this month etc.
From a technical perspective its really been holding this log channel and these 4 hour bollingers looking nice and tight. Once it gets going should move quick as its a low supply coin.
Good luck with your trades!
To the moon!
LUN ready for takeoff?__________
Brief Overview
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LUN has been on my radar for a few weeks now and it is essential a DAPP of Wikipedia, which we can call Wikipedia 2.0. If I was on TradingView earlier I would have called the 15$ breakout in which I entered my long position, but whats done is done and is in the past so I am presenting another opportunity for people to buy into LUNYR.
Watching this coin during the whole FUD this past week, Ive noticed that there has been steady accumulation and that the price has not dropped significantly like many other altcoins that were overinflated at the start of this week's correction.
On the calendar, we notice that Open Beta for Lunyr is on January 30th so a potential accumulation and breakout before the release?
Now I will breakdown how I will approach this trade.
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Market Cap
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LUNYR currently has a market cap of roughly $134 million which easily gives it the potential to 10x into a potential 1 billion dollar project. Many of the other Decentralized App coins on our list have roughly 300-400 million market cap which gives LUNYR a high potential of 3-4x return.
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Technical Analysis
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We can see that we are now forming yet again another bullish pennant pattern in which the chart is signaling another breakout.
Ideal entry .00364000
Stop Loss: .00326000 -> Which is comfortably under the low wick on the pennant and below the bottom of the initial red candle following the last leg up.
Targets:
(1) 0.0057000 -> First target at previous resistance and the high of the last bull run.
(2) 0.0074000 - > 1.618 Fib retracement
(3) HODL
MACD:
Still crossed over, which may give you another potential chance to buy lower. I would recommend dollar cost averaging into this however.
Stoch RSI
Already turning up from the bottom.
Good luck everyone :)
LUN Trend Reversal.LUN has broken out the down trend after a big retracement.
It needs to break the resistance line then it will moon!
Good luck
- phazednb
Lunyr - Super Risky but super fast 320% (Shitcoin)The coin went out of the accumulation region and is now attempting to go up. Targets are previous resistance regions. If it does go up I'm expecting 320% today. If it doesnt it will drop really low.
This trade is beyond risky. Like please don't invest in it what you can't afford to lose. Please!
This trade is like 8/10 risky, meaning you could lose all of your money in it.
HIGH RISK again and again. As an analyst the last thing I want is to make you guys lose money.
Dont invest in it what you can't afford to lose again....
LUNYR - We can make a huge profit here.This coin is growing lately, lets see how it develops in few days.
Get ready.
TARGET: 0.00172500
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 !
Lunyr stuck in a downward channel About to get a positive MA cross which is usually a solid buy signal but I'm not confident this level will hold so I'm holding out on getting in.
There's multi-language support supposedly coming in Q4 but the main news will be the open beta coming in 2018Q1 which will hopefully spike the volume.
If this ends up exiting the channel then I'll look back for a buy.
#LUN to the MoonThere will ONLY be 2,703,356 LUN ever. Currently 144 on Coin Market Cap. Its current mk is $20,944,241.
The daily RSI looks strong and bullish. Very cool project with solid design and fundamentals. This is a very undervalued project
LUN daily and 3 day BullishLUN just tested the top of it's downtrend resistance with a lot of volume flowing in.
The 1D and 3D Stochs are pointing up and look very bullish; the weekly looks like it is finding support and wants to turn up. I am very bullish on this coin, so setting my buys around the 23 to catch a wick before this thing takes off.
If we can open a daily candle above the 10day MA, we could see this thing explode.
Apart from TA, the maximum coin supply of Lunyr is 2.7Mil. With a current price of under 10 bucks, I think this is one that might become a heavy contender for triple digits in the coming year.
Looking at Lunyr again Having another look after the small returns from last time.
So fundamentally I'm still interested despite not having as much correspondence with the devs as I'd like. On September 18th the first alpha is launching which will give us a good look at the functionality they have, as well as giving some good exposure to the project. This could translate into some positive gains if people believe in the 'buy the rumour' trigger.
TA on the daily is looking ok though:
Stoch RSI is sitting on oversold and the RSI is starting to move upwards from a mid position
TD sequential has just hit -9 and has started to climb
Bollinger bands are starting to squeeze as well
This is all compounded with the small breakout from the triangle which just happened so I'm hoping for 10-20% profits in the short term whilst holding a bag for at least until the roadmap is finished in 2018