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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