capitalwarez

W Pattern Reversal - LUNC/USDT

Long
capitalwarez Updated   
KUCOIN:LUNCUSDT   Terra Classic / Tether
I foresee a possible reversal at around 0.00026-27 as said before.
Bullish divergence seems to be building up as per the momentum oscillator.
As momentum moves up and price moves down, tension builds for a pop to the upside.
The W pattern would confirm a change from the downtrend off of the Head & Shoulder.

If price somehow manages to dip below 0.00022, I will consider the reversal invalid.
Not financial advice. Cheers!
Trade active:
Entry points achieved.
Trade closed manually:
Looks like a possible H&S on a macro scale.
Taking profits here while I can.
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