So, this coin has done very well in the past month and surprised me in certain days where every coin was dumping and this one kept going up or held up, hwoever this is a bear flag + bear DIV which means this should go down.
During this bull season I saw many rising wedges with bear DIV breaking up and going up (ETH fore example) and I thought "buy pressure is so...
LUNAUSDT ready for the breakout! The price created a bullish pennant. IF the price will have a breakout and flip the current 4h resistance into new support. According to Plancton's strategy (check our Academy), we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
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This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can...
(luna / usdt)
The Luna currency has risen 460 percent in the past month, starting at 1.41 and ending at 8.4. Currently, the rsi of this currency is limited to 70 in the daily time frame, which makes it possible for this currency to grow again.
As you can see in the picture, Luna currency is in the flag pattern. (Flag pattern is one of the continue patterns)
LUNA has seen some crazy gains over the last couple of weeks, increasing more than 1,000%! It seems that this coin is experiencing a never ending party.
Since earlier today, LUNA is on a new bullish path upward since it rebounded from the support line. Even during Bitcoins plunge earlier this week, LUNA remained very stable, a great sign of bullish strength....
attached a trade i am brewing on for today. retracement levels and trendline coming together perfectly, a bounce of the trendline and an extension to the first fib extension level would fall together perfectly with the standing ath (which was just a spike). in green possible areas of support, in red possible areas of resistance
While alt season may have slowed, some coins still look primed for growth. It's a volatile time in general with potential for lots of coins to drop. However I've been following Luna and things are looking well set for upward movement after a trend line has been broken.
Theres a lot of work today break above recent highs, but if LUNA can make it's way above the...