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LUNYR long idea - breakout of down trend line
Lunyr has been traversing along the up trend line testing the line and gaining support from it. if it breaks the first downtrend line, a buy can be initiated in the zone from 42k satoshis to 47k satoshis. After breaking the second downtrend line above 47k satoshis, it could move towards target price of 59-60k satoshis based on 1.0x fibonacci extension.
The stochastic RSI looking to make an uptick from oversold levels supports the idea as well. An MACD cross-over is likely as well.
The stochastic RSI looking to make an uptick from oversold levels supports the idea as well. An MACD cross-over is likely as well.
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