$LUNA ready to reverse downward trend?

LUNAUSDT SPOTBybit

Description

⋅ Apr 15, 2022 8:23 PM

LUNA seems to have found support on the 200 EMA on the 12 hr chart. Perhaps it's ready to reverse the downward trend and head north?

Agree? Disagree? Comment to explain...

NFA! New to TA and trend analysis. TFWIW.

Comments

zAngus

⋅ Apr 17, 2022 4:23 AM

Hello, congrats on sharing your first post with the community. Hope you liked the learning experience. Hope you have a great day.
From mod @zAngus

theshawon

⋅ Apr 16, 2022 6:46 AM

I think it may come down near 70, see end of January when it dipped below for a bit while BTC pumped, can see the same happening while BTC pumps soon, and then after BTC settles closer to 50k I think Luna goes up to a new ATH 130-140.