soroushbozorgi

LUNA Analyze by soroushbozorgi cryptocurrency master analyzer

Long
BINANCE:LUNAUSDT   Luna / TetherUS
(luna / usdt)
The Luna currency has risen 460 percent in the past month, starting at 1.41 and ending at 8.4. Currently, the rsi of this currency is limited to 70 in the daily time frame, which makes it possible for this currency to grow again.
As you can see in the picture, Luna currency is in the flag pattern. (Flag pattern is one of the continue patterns)
There are currently 2 scenarios for this currency.
Scenario 1: This currency can break the flag of its flag, which is the ath ath of that currency, if this ceiling is broken and it is approved, it can easily touch the first and second targets.

Scenario 2: The currency will break its flag pattern in the downtrend, which is in range 5 after the first support is broken, which has good strength.
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.