Terra Classic (LUNC) Is Ready To Break Another Triangle Within Next Few Hours
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Written by
moon333
moon333
2 years ago
Hi, friends hope you are well and welcome to the new update on LUNC.
RSI is gaining momentum:
In a 4-hr time frame, LUNC has already broken out a down channel and a triangle. Now the Relative Strength Index has moved above the 50 level, which is showing that it is now gaining bullish momentum.
On an hourly time frame, the Terra classic has formed an ascending triangle. The triangle is getting squeezed, which is indicating to a breakout or breakdown soon. As RSI has crossed up the 50 value, therefore, the probability for the break out is high.
Ascending triangle:
For a detailed analysis, you can watch the video.
Written by
moon333
moon333
2 years ago