According to the market trend LUNA looks oversold here and can perform good in short term
Green Box is the best buying zone i had shown in the graph
1st target for this is 1$
2nd Target for LUNA is 2.5$
and also 2.5$ mark is a huge selling area, Couple of weekly candles closing above 2.5$ can confirm a Long term upward momentum, After successfully buying over 2.5$ area can trigger price to 6.4$ mark OR even more
Green Box is the best buying zone i had shown in the graph
1st target for this is 1$
2nd Target for LUNA is 2.5$
and also 2.5$ mark is a huge selling area, Couple of weekly candles closing above 2.5$ can confirm a Long term upward momentum, After successfully buying over 2.5$ area can trigger price to 6.4$ mark OR even more
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.