Hello friends,
This triangle formation like the previous inverse h&s on lunbtc has been developing for some time, this to me indicates big money in play over a long period of time
Inside the triangle, after the two bounces on both ends establishing bounds, we now have a cup and handle formation - the cup was recently completed with the last spike, touching the upper limit once again. Handle formation is nearly complete, only awaiting a buy signal on wt cross indicating closure.
Hold strong, breakout should be soon for LUN
This triangle formation like the previous inverse h&s on lunbtc has been developing for some time, this to me indicates big money in play over a long period of time
Inside the triangle, after the two bounces on both ends establishing bounds, we now have a cup and handle formation - the cup was recently completed with the last spike, touching the upper limit once again. Handle formation is nearly complete, only awaiting a buy signal on wt cross indicating closure.
Hold strong, breakout should be soon for LUN