Short
LUNC looking to move back down to lower prices
Following the huge pump which has got many crypto bulls excited we can see a head and shoulder pattern on the hourly and 4 hourly chart.
If we use the rules of the head and shoulder pattern and take the measurement from the top of the head down to the neck line, this is technically the downwards target we will see once the price breaks the neck line.
I have price targets of 15 where i will be loading again.
Currently took profits at these levels.
If we use the rules of the head and shoulder pattern and take the measurement from the top of the head down to the neck line, this is technically the downwards target we will see once the price breaks the neck line.
I have price targets of 15 where i will be loading again.
Currently took profits at these levels.
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