Luna Classic Bullish Scenario

16 apr 2023

Luna Classic has already experienced a lot of depression and sideways movement. I think the door is open for the big players…

TP: 0.0012-0.0013

That is all.

19 apr 2023

Nota

Although it may not seem like it, we have good news. Today we experienced a deep drop in price. BUT, let's look at why it happened:

1. We first broke through an important downtrend resistance line that connected very long-term highs (red dashed line) to the upside

2. Subsequently, we made a significant retest of this line.

3. On the price chart we can see geometric proof that this happened like this.

I don't see it as tragic. On the contrary. I bought a few million LUNC at this point and I am so very positive that I also opened a small LONG position with a leverage of 5x.