moon333

  Hi friends hope you are well and welcome to the new update on the Ethereum coin. Big  wedge  formation: On the weekly time frame, Ethereum has entered a very big falling wedge pattern. Priceline found the support of this pattern in the month of September 2021 then got 1st rejection by the resistance of this pattern in the month of November 2021, then again drop down at the support in the month of January 2022 and rejected by the resistance in the month of April 2022, finally, the priceline again dropped at the support of this wedge in the month of June 2022. Then Ethereum started another rally from June to August 2022 and after the rejection of August there was a price correction, and recently the price has again reached resistance but it is likely to be rejected once again. One thing is for sure, in order to start a big bull run Ethereum needs to break out this huge wedge pattern.   Broke out a channel: On a daily time frame, while moving inside the big falling we...

Hi friends hope you are well, and welcome to the new update on LUNC. Recently, LUNC has broken out the highest resistance of $0.00016685 on a daily time frame. On an hourly time frame, after breaking out $0.00016685, LUNC formed 3 triangles, previously two triangles were broken out but the most recent one is broken down. Now after breaking down this triangle, LUNC has formed another ascending triangle. Now if we move back to the daily time frame chart, to watch the bigger picture, then LUNC has also broken out a huge triangle, therefore, now it can be a beginning of a parabolic rally.

Hi friends hope you are well, and welcome to the new update on LUNC. Recently Terra Classic has broken out a falling wedge, and then formed a symmetrical triangle and also has broken out this triangle as well. After breaking out the triangle now LUNC has formed a bullish pennant and recently it has also broken out this pennant and at the same time LUNC has broken out a huge ascending triangle on the daily time frame. Now the resistance of the triangle can work as strong support for LUNC and we may have a long-term rally.