LUNA has been beaten down from to $80 level to now around $60.
RSI is now near oversold levels.
MACD is showing a slowdown in selling pressure.
This has a chance to reach new highs, based on viewing previous dip opportunities.
Such as the dip on December 3rd, going for $71 down to $50, then all the way up to all time highs.
We are currently in a downtrend channel.
For Longs we would be looking to first get above $64, then above $66.
For shorts we would like to stay under $60.
RSI is now near oversold levels.
MACD is showing a slowdown in selling pressure.
This has a chance to reach new highs, based on viewing previous dip opportunities.
Such as the dip on December 3rd, going for $71 down to $50, then all the way up to all time highs.
We are currently in a downtrend channel.
For Longs we would be looking to first get above $64, then above $66.
For shorts we would like to stay under $60.
Comment:
Respected above $55. Holding in the $62 area now. If pullback would like to stay above $60 for longs
Comment:
Congrats if you took this trade!
Trade closed: target reached:
$60 to $82!
Comment:
$92!
Trade closed: target reached:
$100