After a four-month downtrend, Luna is ready to fly for a pump. Luna has claimed the previous resistance and is now in the consolidation zone. There are many reasons to long Luna such as Luna's fair value gap and Fab retracement etc.
1.50 OR 1.54
LEVRGE U Know 🥱
To the Moon
STOP LOSS 1.36
🎯 LUNA has been selling off in the last days after the big pump it had a couple of weeks ago.
Most of the profits were taken from the table in the initial pump:
Recently it formed a descending triangle - a bearish continuation pattern. Low volume suggests that there is no interest for buyers in this area.
This is why I expect it to fall further down.
LUNABUSD has been trading under falling trendline resistance. The price has been continuously taking support from rising trend line. An effort by bulls can break falling trend line and create a strong bullish trend. The bulls will only get strength above break of falling trendline. While ears will be n party below break of rising support
Trade your levels accordingly.
#LUNA Technical Analysis:-
#LUNA 1.0 = 100% Dumped from ATH
#LUNA 2.0 = -90% Down From ATH within 13 Days.
If hold $2 support then we can see $7 in Coming Days otherwise Ready for #LUNA 3.0
Due to the inefficiency that still exist within the new crypto industry, large arbitrages exist especially during periods of volatility . Presenting risk-minimal trading opportunities for individuals, sometimes without the need to hold the token/crypto asset for very long at all.
Trading-view did not allow me to share less then 15min timeframe chart, but to...
Hello traders! Welcome back to another episode with analyst Aadil1000x.
Luna died previously and rose up after taking the Soul of many. But it's not over yet, we will see one more death of Luna.
Luna is at the trendline which is starting from the top. It formed a microchannel and it's now broken towards the downside. There is a chance of a fake pump but the...