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LUNC / TetherUS

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LUNCUSDT trade ideas

LUNC - Trend-Following Setup!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. LUNC is overall bullish trading above our brown trendline acting as a non-horizontal support. Since LUNC is sitting around our brown trendline, we will be looking for trend-following buy setups. on H1: LUNC formed a valid trendline in orange but it is not ready to go yet. Trigger => for the bulls to take over, we need a momentum candle close above the last high in gray. We would be overall bullish, unless the bears manage to break below the green support zone. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
20
LUNC sideways as you see with black arrows, lunc had divergence and we down. now lunc sliding on support (black area). 2 MAs red and orange still crossing, this mean consolidation, lunc havent direction now. All depend on red MA now, as we are still under, it can push price more down. Yesterday we had strong red candle (in orange circle) what created this new black support zone. Our bottom is now 400, under we will go to red support zone 300 Our top is 500 , what is actual red MA where i think will go ... actual now on this 30m is sideways signals, better range / stuck between 400 and 500 ... so if we break 500, we will go more up and new high, if we break 400, then we will go 300. If you want open trade now, not recommend, wait for break, after buy can buy with safe buy or on dip.
by Reitak
3