LUNYR (LUN) Analysis: A,B,C Zig Zag is done!

in #bitcoin7 years ago

Lunyr has got the very classic a,b,c, (red) zig zag correction. A zig zag has five sub waves for wave a (red) and three for wave b (red) and five for wave c (red). I've labeled these accordingly and so these waves give confidence that the abc correction is complete. I've also labeled black waves i,ii,iii,iv,v as the first sign of a trend reversal. Following a small correction, Lunyr should rise higher.

Still, keep a close eye on the Bitcoin Bear who can ruin bull parties!


If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36

Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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Thanks Haejin

Here is the BTS update, please use only to augment your due diligence.
https://steemit.com/bitcoin/@haejin/bitshares-bts-update-w-x-y-complex-correction

Thank you. Do you usually see same wave patterns when looking at /BTC pairs? Most exchanges (Polo, Bittrex) pair these to BTC and I wonder why you prefer to analyze USD prices instead, does it give better results?

Thanks! @Haejin your posts are the best.

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