Dribblej

Watching $lun close. Trendline rejection and reversal chance.

BITTREX:LUNBTC   Lunyr / Bitcoin
Everything is noted. I have high expectations for this token however, it appears to have tried really hard to maintain the uptrend and now is breaking down. Looking for a reversal continuation at key supports turning resistance.

If the daily closes below uptrend it will signal a reversal to me. Yesterday there was a last minute push above the trendline for the daily close to stay on track but not very strong. Today if it closes below this trendline which is expected I would expect it to continue down to test the very strong support region of 355k, 345k and even 325k.

I don't want to this to be the case but its a possibility.
Should recover to ATH             by the end of the month but in the short term its important to monitor for full trend reversal.
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