Hi, friends hope you are well and welcome to the new update on LUNC.
RSI is gaining momentum:
In a 4-hr time frame, LUNC has already broken out a down channel and a triangle. Now the Relative Strength Index has moved above the 50 level, which is showing that it is now gaining bullish momentum.
Ascending triangle:
On an hourly time frame, the Terra classic has formed an ascending triangle. The triangle is getting squeezed, which is indicating to a breakout or breakdown soon. As RSI has crossed up the 50 value, therefore, the probability for the break out is high.
For a detailed analysis, you can watch the video.
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