#1000LUNC The price is moving in a bearish channel on a 4-hour frame, which the price adheres to and is expected to break to the upside in an upward manner It is expected that the Moving Average 100 test will be retested We have a major support area in green at the 0.1200 level The RSI indicator has a downtrend that is expected to break higher Entry price...
#1000LUNC The bearish channel was broken on a 1-day up frame It is supported by a rebound from the green support area on the chart at the level of 0.09000 We have a moving average break of 100 upwards We have bullish momentum on the RSI Entry price is 0.1276 The first target is 0.1423 The second goal is 0.1631 The third goal is 0.1880
A 3-push (Wedge Bottom) has been formed and based on the buying pressure and strong support area I expect the price to rise from here. Good entry point with a nice R/R ratio. NFA
lunc long idea with proper SL high probability setup
According to the wave structure and price action, Luna can move upwards after completing this diametric.
lunc can start powerfull corrections. be carfull and set the stop