Since 11th of September, Luna is making ATHs on our chart. However, rises above the previous one are marginal and the coin is trading in a rising wedge. At this moment the price is approaching resistance and there is a high probability of a drop from that point. Also, a drop under 45 would confirm the reversal pattern and give scope to further losses to 25 zone
The market starts a bigger correction. I marked places for shorts and TP. I am waiting for the price to return to the short zone and to open positions
; BINANCE:LUNAUSDT The bat pattern is discoverd in this chart but it is safe to entry after breaking the trendline Please do your own research before putting your own money into the markets. smash a Like button and leave a Comment, I appreciate every support. Any feedback and suggestions would help in further improving the analysis Goodluck :) Target prices...
Luna is indicated to be forming a head and shoulders pattern, and forming a bearish divergence, stay careful and guard your assets! This prediction could be wrong! #DYOR
* Luna is in a clear uptrend forming higher-highs and higher-lows on a parallel channel which is working as a support for the price. * Currently the price is consolidating in a Falling wedge between two trend-lines. * RSI bullish divergence also appeared in Luna, RSI divergence occurs when there is no longer the same momentum between the price and the RSI...
Macd line has just passed below the signal line, indicating the presence of a bearish momentum. This crossing is interpreted like a sell signal. RSI and MACD indicators created a bearish divergence with price. This means that probably the price movement could reverse soon. Fibonacci zone is used to provide us support and resistance. In particular we put on the...
Lunausdt Double top and double bottom are reversal chart patterns observed in the technical analysis of financial trading markets of stocks, commodities, currencies, and other assets
Luna breakout the historical peak. it is now under the resistance of channel midline. Scenario 1: it can be a short consolidation or pullback to the static blue line which belongs to the highest high and then goes for the top line of the channel. Scenario 2: decrease to the bottom line of the channel. For scenario num.1 you can set up an stop order above the...
Lunausdt made an enormous rise in the past weeks and price is likely to reach out for a new ath. Currently, there is a broadening triangle pattern forming on lower tfs and price is probable to bounce at the support trendline of the pattern to $37. The current price is a good position for entry with an appropriate stop loss at $28. Your likes and opinions would be...
Less than a month ago, we published an idea for a pair of LUNAUSDT , where we briefly described the Terra project itself and considered the history of the price behavior of the LUNA token We jokingly called the idea "Rocket to the Moon" and got a good 150%+ growth in a short period of time , check it out for yourself) As can be seen from the graph, this...
Possible fall down from resistance level 14.90 to support level 11.90
On the LUNAUSDT daily time frame, we identified that strong Bullish is coming. You may see in our chart it's repeated the same pattern as it's done before the making it's the all-time higher price. Currently, the price is approaching to breakout the recent higher high & resistance level. We are going to open a long position from the current price.