LUNA is still below the RED Extended Resistance Trend Line and the 21MA now ranging in a horizontal triangle.
Upside Breakout could bring price back up to the Blue Bar above to $80..
Downside Breakout could bring price further down towards previous support at $62, and even down to $60, and possibly the Green Support Bar below at $56 - $55
RSI: Bullish Divergence
Stoch RSI: Oversold Region (Day TimeFrame)
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader
Upside Breakout could bring price back up to the Blue Bar above to $80..
Downside Breakout could bring price further down towards previous support at $62, and even down to $60, and possibly the Green Support Bar below at $56 - $55
RSI: Bullish Divergence
Stoch RSI: Oversold Region (Day TimeFrame)
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader