LUNC bottom is in

٣١ أكتوبر ٢٠٢٣

LUNC has continue to declined since september 2022. In my opinion, the bottom is formed for LUNC. Here are my points:

• The long-term resistance trendline had been broken
  
• A double bottom pattern was formed and broken
  

LUNC is consolidating right above the neckline of the double bottom. What is missing here is a good buy volume so that volume indicators CMF and MFI breaks also there resistance. This will trigger a rally.

A reference setup is as in chart.

Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.

١ نوفمبر ٢٠٢٣

تم إغلاق الصفقة يدويًا

Wait for BTC to bounce from BER:33K to re-entrer

٣ نوفمبر ٢٠٢٣

تم فتح الصفقة

I bought (spot) Lunc at this price

٥ نوفمبر ٢٠٢٣

ملاحظة

CMF indicator is breaking out

١٠ نوفمبر ٢٠٢٣

ملاحظة

Here we go. almost 40% since my entry

٢٦ نوفمبر ٢٠٢٣

ملاحظة

LUNC retested the neckline and is bouncing hard. It is heading the TP2:

٢٧ نوفمبر ٢٠٢٣

ملاحظة

95% since entry. TP2 hit

١ ديسمبر ٢٠٢٣

ملاحظة

+130% since entry. LUNC price is heading TP3

٣ ديسمبر ٢٠٢٣

أغلقت الصفقة: تم الوصول للهدف

TP3 reached, with 167% since entry. I'll wait for a new trade with LUNC.
Thanks for reading (and trading if you're in).