Idea for the the next 30 days! 4H chart LUNA Hello crew,
Luna has been trading in an ascending channel for the last 4 weeks, forming a Bake & Retest Pattern like it happened accouple of weeks back.
We are also in the oversold area on the RSI meaning that we might see a reversal in the next week
Saying all this I would look at going long and placing trades at $90
Further more if we have enough volume to break out the resistance at $97 "I think It will" due to the start of the new year, we might go for a new ATH $120-$140
Always wait for confirmation in markets like this, as we can't predict %100 the following trend.
Happy Trading everyone!
(No financial advice)
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