I doubt LUNA showed up on anybody's screener today, it's right in the center by most traditional TA metrics. But I think LUNA is set to become hotter than sliced bread, soon! (don't quote me)
Looking at Fibonacci extension, the price is right in the golden pocket. What I'm interested to see is if LUNA will cruise along the daily Support or pursue the Ascending/Descending channels' cross.
I think it'll be clear when LUNA starts to move, even a simple % change in day to day volume is a strong flag. But I'll double check, just in case it's a trap.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
Looking at Fibonacci extension, the price is right in the golden pocket. What I'm interested to see is if LUNA will cruise along the daily Support or pursue the Ascending/Descending channels' cross.
I think it'll be clear when LUNA starts to move, even a simple % change in day to day volume is a strong flag. But I'll double check, just in case it's a trap.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
