Terra Classic (LUNC) Is Ready To Break Another Triangle Within Next Few Hours

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    moon333

    Published on Jun 21, 2022
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    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.

    image.png

    Ascending triangle:

    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.

    image.png

    For a detailed analysis, you can watch the video.

    Tags :

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