Might be a good time to add some LUNA Price has recently broken out of a down channel Looking for a bounce off the 50MA Open moving averages is when the MA's are layered (50 -> 100-> 200) as they naturally should be This is a very bullish sign also Reliable signal on the Weekly chart for a long buy
After more than a month of falling off the previous high in an apparent bull flag (represented by the regression channel), LUNA has broken out strongly on heavy volume and looks to retest the old highs. Long here with targets near the old highs ($22) and the next fib extension ($25.77).
This is not financial advice !!! This is Just Chart analysis !!!
Seen a healthy 34% correction on this dollar pair A retake of the lows would be decent enty position with stops beneath the double bottom formation Could add on a trendline break and on the kneckline retest of the double bottom Targets are the range levels and 2.0 extension where if the run was very healthy could leave 10-20% for price discovery targets Alerts...
BUY: 15.751 – 17.446 TARGETS: 1) Set trail stop and let it run Rationale: -This is a very simple trade idea. LUNA is correcting after its recent increase in price and it has just tapped the 100 EMA and 0.382 fib level. Both of these levels are typically strong levels of support. The long wick indicates it was bought up quickly and tells us the price may...
probably going to bust right thru it though
idea update. +70% growth already. locally you can buy on the retest of the level of $12. And we'll hold on. You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates -...
Preconditions: - accumulation - key level - global uptrend - locally uptrend You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK...
Luna had a breakout, now a retest of support and EMA50 maybe and is good to go for new ATH Enjoy!!!
If Cup With Handle confirmed, then new price target 9.80 USD
Downward momentum decreasing, consolidating at the 50% fibonacci level which happens to also be the previous resistance. Price is on the lower bollinger band and on the bottom trendline, looking to break the upper bounds of the symmetric triangle.
Hey hey my friends 👋 Looks like LUNA is late to the party but she got there 🎉 Lets watch 👀
N.B: Smaller timeframe, so the risk increases. Price has been trapped in the Daily Control Candle since it was formed on 9 Febr. Look like support has held at the lows. Price broke structure, but either needs to go retest the breakout, or go and trap some sellers.