BINANCE:LUNAUSDT   Luna / TetherUS
Given the uptrend, LUNA requires a 4-hour candle above the two resistance levels of $ 30.76 and $ 32.35 to continue the uptrend to reach the $ 33.50 resistance
LUNAs can push the price to the $ 36.93 record again if the $ 33.50 resistance becomes support
A possible increase in buying pressure at $ 36.93 could push LUNA to a new price record of $ 41.55 with a 12 percent increase
The bulls should cross the $ 33.50 resistance level to increase the probability of an uptrend. Otherwise, we could see the price drop to the $ 26.86 support level
With the decisive closing of 4-hour Kendall below the mentioned demand, the uptrend will be canceled. In that case, LUNA will retreat to the September 7 swing floor at $ 22.58

Be profitable

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.