Terra Classic (LUNC) Can Breakout This Inverse Head & Shoulder

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2 years ago

Hi, friends hope you are well, and welcome to the new update on Terra classic.

On an hourly time frame, Terra classic is moving at the support of $0.00005654 and the next resistance is at 0.00006045. If LUNC breaks down the support then the next support is at $0.00005330.

Inverse Head & Shoulder:

On a 4-hr time frame, LUNC has formed an inverse Head & Shoulder pattern. On the other hand, Bitcoin also formed the same pattern. Now if BTC breaks out inverse H&S then LUNC will also breakout the inverse Head & Shoulder pattern.

For a detailed analysis, you can watch the video.

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