LUNC PUMP TO $0.37 IN EARLY 2023
In today's LUNC video, we explain LUNA CLASSIC is following the crude oil chart from 2020. Only two assets over the last 10 years have reached below $0.00 then recovered. That's crude oil and lunc. lunc has yet to break above key levels to ensure its chart is aligned with crude oil. macro price action shows $0.27-$0.37 was strong resistance during 2020-2021 for #lunc
although i expect prices to exceed $0.37 i want to provide reasons as to why we can reach such levels with and without any burn mechanisms.
with luna classic its important to assess the potential rewards if the trade is swung vs if the trade is traded in a short amount of time. me, personally, im a swing trader and i plan to hold long term.
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