LUN Downward price channel. U-turn area.

24 May 2020

LUN Downlink. U-turn area. Pamp coin with little liquidity.

According to the previous trading idea for this coin, the optimal entry point was not reached.

LUN Channel in increments of 60% Coin operation. Pivot points

Support has been broken. An attempt to return the price back to the channel was unsuccessful, and a downward channel formed. Now the price has approached the resistance line of this channel, if the price overcomes the resistance and fixes above it, there is a possibility of a trend reversal.

Entrance.
On a breakthrough or rollback after a breakthrough of channel resistance.

Stop loss
Who uses them in their trading strategy. Under key support levels during your market launch.
Remember, it is not Stop Loss that matters, but the moment you enter the market!

Target
All goals on the chart.

10 Haz 2020

İşlem kapandı: hedefe ulaştı

1 zone of the first target is taken + 77% from the formation within the important zone (reversal) above the line of the secondary downtrend of the local triangle.

1 Tem 2020

İşlem kapandı: hedefe ulaştı

+133%

16 Tem 2020

Not

The uptrend line area has been broken. The local trend has reversed.