LUNC false break-down alert?
Hi guys,
LUNC has been consolidating in a box since November 2022. Its pattern is interesting.
We can see that there is likely a false break-down after recent moves of LUNC. Based on Wyckoff methodology, it could be a Second Test in Phase B or a Spring Test.
In both cases, it's logical that prices will retest the higher range.
As these reasons, the proposed setup is in chart.
And you, what's your view on this crypto, almost forgotten?
LUNC has been consolidating in a box since November 2022. Its pattern is interesting.
We can see that there is likely a false break-down after recent moves of LUNC. Based on Wyckoff methodology, it could be a Second Test in Phase B or a Spring Test.
In both cases, it's logical that prices will retest the higher range.
As these reasons, the proposed setup is in chart.
And you, what's your view on this crypto, almost forgotten?
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.