Luna chart - long term
Lunc chart, long term view.
This is done on the weekly so we are talking about a long trade (2 - 3 years). The weekly support can push the price to new highs, will the weekly downtrend might also suggest a new "Luna" dropping the price 94% from current high.
At the same time I will not be surprised if the price will reach 0.2 but for that it needs to breakout the weekly downtrend line and hold on top of it with no wicks touching it.
This is done on the weekly so we are talking about a long trade (2 - 3 years). The weekly support can push the price to new highs, will the weekly downtrend might also suggest a new "Luna" dropping the price 94% from current high.
At the same time I will not be surprised if the price will reach 0.2 but for that it needs to breakout the weekly downtrend line and hold on top of it with no wicks touching it.
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