nickrodriguez94

LUNA/USD - bumping it's head hard

KRAKEN:LUNAUSD   Luna
Luna is down ~30% from the ATH. They’re trying to do a lot with their blockchain when it comes to making BTC a reserve asset, and recently adding AVAX to that equation.

The price fell to the .500 on the retracement tool; we are currently rejecting the level, but we shall see if it holds. Either way, it’s good to let the price cool off for further upside. That opportunity won't present itself until price creeps closer to the 21EMA.

*The only thing added to this chart is the retracement tool.

*Do not use any ideas I post as a suggestion for financial advice. I do this as a hobby for my own investing, no one else’s. Skill level way below 9,000. Feel free to comment, discuss, or critique. I love to learn.*
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.