Luna is a coin that can be very risky, At the same time, the increases on this coin happen most times unexpectedly, like the last increase that did increase above 7 USD.
This is update is just a model update depending on historical price action, and it shows only a view of price action where the before increase did start.
If we follow this model, then it seems that the possibility is that Luna can return to new targets.
Same time we are in a bear market where the most of coins are in a breakdown trend, so this is no guarantee that this coin or any market will move.
Luna is also a coin that a trader should not hold but only trade with the right risk management.
Interesting to see coming time if Luna is able to show some trends depending on this model.
Don't expect too much from it at a low time frame, until there is unexpected volume entering.
The trend of Luna until now is still breakdown.
This is update is just a model update depending on historical price action, and it shows only a view of price action where the before increase did start.
If we follow this model, then it seems that the possibility is that Luna can return to new targets.
Same time we are in a bear market where the most of coins are in a breakdown trend, so this is no guarantee that this coin or any market will move.
Luna is also a coin that a trader should not hold but only trade with the right risk management.
Interesting to see coming time if Luna is able to show some trends depending on this model.
Don't expect too much from it at a low time frame, until there is unexpected volume entering.
The trend of Luna until now is still breakdown.
Comment:
Comment:
Luna is a coin with many volume secrets, if we check the trend back and study the volume, we would find many interesting views.
The same as the before trend is what makes a Luna increase in just 1 hour to above 7 USD, with more than 300% increase with the previous increase.
This coin is not advised to hold or to trade with no risk management, but it's a coin that can show unexpected increases at the right times with some unexpected whale views.
The full markets are now in the breakdown, and we checking with time some confirmations.
The same as the before trend is what makes a Luna increase in just 1 hour to above 7 USD, with more than 300% increase with the previous increase.
This coin is not advised to hold or to trade with no risk management, but it's a coin that can show unexpected increases at the right times with some unexpected whale views.
The full markets are now in the breakdown, and we checking with time some confirmations.
Comment:
09-09-2022 at 13:00 was an important trend on Luna and unexpected trade that did change in the first time frame more than 57% of price action. that was the first reason for the previous increase in Luna where the further follow did increase above 300% in just 1 hour.
Comment:
Depending on this volume study and all trends we can calculate that if Luna is able to increase 20% from this price point, there is a good chance that it will break out.
we try to calculate the volume into % a price action view.
which means a price action of the slow trend of $1.66 with confirmation, if the trend breakout directly then there is no confirmation needed.
we try to calculate the volume into % a price action view.
which means a price action of the slow trend of $1.66 with confirmation, if the trend breakout directly then there is no confirmation needed.
Comment:
Luna will become depending on this study only interesting if it's able to confirm the $1.66 with confirmations.
Comment:
X model is still in processing.