$LUNC The 4-Hour Chart (Swing Trader’s View) 📈
Headline: $LUNC 4H Outlook: The Road to $0.000045?
The 4-hour chart for Terra Classic is looking much cleaner. We are currently seeing a Bullish Continuation pattern forming after the recent network upgrade news.
Market Structure: LUNC is printing higher lows. The critical "Floor" has moved up to $0.00003550.
Volume Spike: Trading volume is up, showing that buyers are absorbing the "Sell the News" pressure from the recent legal updates.
Big Target: If the 4H candle closes above the current resistance, the next major stop is the 0.618 Fibonacci level at $0.00004347.
The Verdict: Neutral-Bullish. As long as we stay above $0.000037, the trend remains in favor of the bulls. 💎🙌
#LUNC #TerraClassic #SwingTrading #TechnicalAnalysis #LUNCCommunity #DYOR*
