ðĨ LUNC Lagging The Market: Bullish Triangle
Many alts have seen amazing gains over the last several weeks. However, LUNC is one of the few alts which has been severely lagging the market.
In my view, it's a matter of time before investors will start moving their funds around and see that LUNC has yet to explode upwards.
In addition, the LUNC/BTC value has seemingly reversed from a longer-term support area, which adds to the bullish narrative that it will be moving up.
Patient traders will wait for a break of the top resistance of the bullish triangle. Targets in blue.
In my view, it's a matter of time before investors will start moving their funds around and see that LUNC has yet to explode upwards.
In addition, the LUNC/BTC value has seemingly reversed from a longer-term support area, which adds to the bullish narrative that it will be moving up.
Patient traders will wait for a break of the top resistance of the bullish triangle. Targets in blue.
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