Lunyr continues to look very attractive especially after the strong correction down, from $69 to $19. During correction, LUN/USD lost 72% to USD, although prior wave up resulted in a gain of 1400%!
During the downside correction price almost reached the 200 Moving Average, but was stopped right at the 76.4% Fibonacci retracement level which has been rejected cleanly. It appears that Lunyr is ready to continue printing higher highs and higher lows with the next upside target being at $81. The resistance is confirmed by two Fibs applied to the last two corrective waves and it could be the key price for Lunyr. Break above it should push price further, up to $126 or perhaps even $170 target. At this point only a break and close below the 200 Moving Average could invalidate bullish outlook.
http://cryptopost.com/lunyr-rise-to-continue-almost-400-potential/
This post has received a 0.17 % upvote from @drotto thanks to: @bogdanfees.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Your Post Has Been Featured on @Resteemable!
Feature any Steemit post using resteemit.com!
How It Works:
1. Take Any Steemit URL
2. Erase
https://3. Type
reGet Featured Instantly – Featured Posts are voted every 2.4hrs
Join the Curation Team Here
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has been upvoted by @microbot with 2.7%!
Vote for my creator @isnochys as witness!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit