LUNA recorded a correction along with the entire market
Hello everyone, let's take a look at the 1D LUNA to USDT chart. As you can see, the price has dropped below the local blue uptrend line.
Let's start with the line of support, and as you can see, the first support that has already bounced back is $ 81.33, if the support breaks, the next is $ 72.23 and $ 59.56, and the next is around $ 43.28.
Now let's move from the resistance line, as you can see, the first resistance is $ 89.38, if you can break it, the next resistance will be $ 95.36, the next resistance will be $ 100 and another $ 104.65.
Looking at the CHOP indicator, we can see that in the 1D interval most of the energy has already been used, while the MACD indicator shows that the blue line has crossed the red line from the top, which confirms the change in the trend.
Let's start with the line of support, and as you can see, the first support that has already bounced back is $ 81.33, if the support breaks, the next is $ 72.23 and $ 59.56, and the next is around $ 43.28.
Now let's move from the resistance line, as you can see, the first resistance is $ 89.38, if you can break it, the next resistance will be $ 95.36, the next resistance will be $ 100 and another $ 104.65.
Looking at the CHOP indicator, we can see that in the 1D interval most of the energy has already been used, while the MACD indicator shows that the blue line has crossed the red line from the top, which confirms the change in the trend.