As I mentioned in my previous post, LUNC failed to consolidate above the Fib 0.618 level. While it dropped near the red line on the chart and is showing a slight bounce, this movement isn't particularly significant. The priority now is for the price to reclaim and hold the 0.618 level without further delay. Otherwise, I expect the correction to deepen a bit more, as shown in scenario 'B' on the chart.
Since this is a short term 1 hour chart, I don't give it too much weight, but it’s useful for judging the depth of the post-rally correction and gauging the strength of the following move. Given the massive rally LUNC has had, the current pullback is actually very minor...in fact, it looks very organic $LUNC
On behalf of the educated, I thank you panic sellers for giving binance your coins for virtually nothing. Thanks for taking one for the team! 😁
$lunc
#GreenpeaceUNITED
@DawnsMission@elonmusk G GB G’s dr”)(,$$5($,$$($($&)&)&)$??&?$?&&&&&&&$(!)$!??& huh he h h hhi hydro F ndbc
@Greenpeace06_09 30 mins ago sqe send 80billion coin causing near 400million burn. The. 20 mins later does it again. Almost a billion burned in under 30 mins? Probably nothing right?
YOUR TURN TO BURN
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@MookBot HALF BTC COMMUNITY $HBTC
Community has taken over this gem that the Dev left and burnt 50% of the supply!
Only Pure Community behind #HalfBtc
🔥Lp burnt
🔥Ca renounced
🔥Tax 0/0
🔥50% of supply burnt
TG: https://t.co/fnvTKHsmWx