Most people will fall into the trap here.


$LUNC Just set a strict rejection at 0.000077. The long candle at the top is a clear sign that the big players are taking profits and leaving the retail to bear the loss.
We are currently at 0.000070. If this level does not hold as support, the next station is likely around 0.000061 where the previous breakout began. Volume is also diminishing on this red candle.
I remain neutral for a while. Don’t let last week’s green candles blind you to what the chart is doing now.
Patience is the only thing that matters today.
LUNC-4.92%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin