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Lunclong

LUNC is coming out of another triangleLUNC is coming out of another triangle. If the pattern is confirmed, we should see a breakout towards 0.00076 after a period of accumulation. Last time this took 52 days, but there was no burn, and the October / November phase which is notoriously a good time for crypto and economics. I wait and hold expecting a growing trend in compliance with the EMA 60 (today at 0.000255) with false bounces to the downside that could reach 0.0002405. No financial advice, invest what you are willing to lose.
LLong
by cryptoitalia2024
3
Five Wave move for LUNC completeAs ever, i'm no Elliot Wave count expert, but looks as though LUNC has completed a 5-wave up move. Nicely up to the previous swing high of ~16000. The fact that this 5 wave move is in itself part of a longer time move, and this is simply wave-1; only time will tell. If that is the case, maybe bring our attention to the 0.618 retracement zone to look for where price might land. As messy as it is, and im sorry for that, but here you have some horizontal lines of resistance/support to watch on any retracement. Also overlaid is the fibonacci retracement mapping, with the key lines. Wishing you all the best as ever.
LShort
by t_trad_coach
2