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?
코멘트:
Trade closed due to bad macro context (linked to banks)
액티브 트레이드:
Trade reactivated
코멘트:
+8% but still has much room to grow
매매 수동청산:
Closed before Fed meeting
액티브 트레이드
코멘트:
Every coins have gone up. Why does LUNC still consolidate below the range?
코멘트:
LUNC prices are at lower trendline of a falling wedge
코멘트:
I close this trade because LUNC breaks the wedge's lower trendline
매매 수동청산
