We are in a triangular formation which is neutral indicator. If the price had a bullish phase, there is a possibility of continuation. If the price rises, the highlighted resistance zone should be where most sell orders are sitting.
*** WARNING : Luna is extremely volatile at the moment, and yeah it might even go way past $6 up to $20, but the reverse is also possible.****
If it behaves well when the price starts going lower, then the local support zone is highlighted in green. There should be a big volume there, which should help price stabilize or get back up.
TLDR: Can go either way really fast
*** WARNING : Luna is extremely volatile at the moment, and yeah it might even go way past $6 up to $20, but the reverse is also possible.****
If it behaves well when the price starts going lower, then the local support zone is highlighted in green. There should be a big volume there, which should help price stabilize or get back up.
TLDR: Can go either way really fast
Comment:
resistance area hit! will post a new chart
Order cancelled:
Guys I don't know what happened, but the chart is broken on my screen, it won't load properly. So I am abandoning this post
