evasivesteering

LUNC false break-down alert?

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evasivesteering 已更新   
BINANCE:LUNCUSDT   LUNC / TetherUS
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?
评论:
Trade closed due to bad macro context (linked to banks)
交易开始:
Trade reactivated
评论:
+8% but still has much room to grow
交易手动结束:
Closed before Fed meeting
交易开始
评论:
Every coins have gone up. Why does LUNC still consolidate below the range?
评论:
LUNC prices are at lower trendline of a falling wedge
评论:
I close this trade because LUNC breaks the wedge's lower trendline
交易手动结束

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