FieryTrading

🔥 LUNC Long-Term Investment Targets

Long
Over the course of its existence, LUNC has been touching the bottom dotted support and has bounced off it, with variable albeit bullish results.

In my view, there's a decent chance that the bottom support will hold yet again and cause some form of bullish move over the next few months, potentially even a year.

A move towards the blue targets offers a decent risk-reward ratio. A move towards the all-time high (yellow) offers the best risk-reward, but can potentially take over a year to reach.

This is not a near-term trade, so be prepared to potentially hold this token for over a year.

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