Luna Classic At The Verge of A Major Move
Luna Classic LUNC currently bullish on weekly time frame but still bearish on daily time.
A bullish trend reversal highly anticipated after one leg down.
Stochastic RSI:
Weekly - Oversold/Bullish;
Daily - Bearish;
Fundamentals:
Watch out for Dec 13 (Fed data) - The crypto market anticipating a 50bps rate hike on December.
Noteworthy:
The trend is your friend; Identify the trend, ride the trend;
Once you get risk free, ride the trend until it end and reaches its bend.
No one ever went broke taking profits whenever the crypto market trend (direction and time) is in your favor.
Do not forget the historical wise saying, "Never invest more than you can afford to lose."
Not a financial advise, I suggest using this only as a guide - Do your own research.
Let us know what you think about this subject in the comments section below.
Kindly support this idea with your like and comment, thank you.
A bullish trend reversal highly anticipated after one leg down.
Stochastic RSI:
Weekly - Oversold/Bullish;
Daily - Bearish;
Fundamentals:
Watch out for Dec 13 (Fed data) - The crypto market anticipating a 50bps rate hike on December.
Noteworthy:
The trend is your friend; Identify the trend, ride the trend;
Once you get risk free, ride the trend until it end and reaches its bend.
No one ever went broke taking profits whenever the crypto market trend (direction and time) is in your favor.
Do not forget the historical wise saying, "Never invest more than you can afford to lose."
Not a financial advise, I suggest using this only as a guide - Do your own research.
Let us know what you think about this subject in the comments section below.
Kindly support this idea with your like and comment, thank you.
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