Luna2
LUNA 2 USD : HEAD AND SOULDERS POSSIBLE BREAK TO $.90 CENTS!Since my last update LUNA2 is not looking very good. I expected a solid bounce and then a continuation up but we've been hanging out around this major support which is beginning to get weaker by the hour. There is a major head and shoulders patter that has formed on the hourly time frame and if this plays out the measured move from the head to the neckline is a drop to about $.90 ninety cents (head and shoulders patterns are the most accurate in price action patterns at 85%-90% of the time). At this point nothing would surprise me with this project. Many people are saying that this was created just to give the initial investors some of their money back, AKA pump and dump! This head and shoulders pattern however doesn't have to play out and can reverse course and we start another run up. For this to happen we need to close at least an hourly above $7.75 for me to believe that the head and shoulders is invalidated! The blue lines are all support lines and breaks and closures below any of those lines will initiate a move down to the next line and the next line and so on. Once we break below the last support line at around $4 LUNA will free fall into the depths of hell. I will buy around $.85 cents and $.90 cents for a nice bounce possibly but I cross that bridge when we get there. Another thing that could be more towards the bullish side is the STOCH RSI has crossed to the upside and the MACD is starting to curl up on the hourly and on the 30 minute has a more defined curl. Volatility is also expanding so there is a big move imminent and soon. I believe this move will happen today! If not then we will probably see sideways action till Monday. If you appreciate my work then please give me a like and follow me for more updates and analysis. This is not financial or trading advice, its just my opinion, so please do your own research first. Thank you and good luck!
TERRA LUNA 2 USD : Dip down to $6-$7 then run up to $17LUNA2 has some potential upside, I'm not sure how sustainable it is but I have my buy orders set at $6, $6.5, and $7 and selling around $17 to complete the 5th wave of this mini cycle. After that we will revisit and see if this price can be sustained or another major dump party to new lows. LUNA2 right now is only alive on hype and speculation and I don't believe it has legs for the long term outlook. Good trading in the short term, you can make an easy 300% if this plays out. Anyways let me know what you think by leaving a comment below, and follow me for more updates and analysis. This is not trading advice just my opinion, please do your own research.
cup and handle ( LUNA 0.2 )(( please read the description ))
Hello friends and companions of Trading View
Everything seems to be ready for a fresh start, what do you think?
tip :
* MACD (Low sales)
* RSI In the zone of buyers
* The herd trades based on emotions
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can luna moon 1000% from here?luna(2) needs to close the monthly above the $6 area.
if luna is truly back and the people believe it then 1000% should be easily obtainable as money flows back into the project (trust?).
the question is what happens after the 1000%, $800 would be on cards from fibonacci workings but too early to tell.
BITCOIN Daily TA : 05.30.22 (Update)As you can see, the market is still in the Trading range and Accumulating , today's bullish move if continues is a trap to collect liquidity of BUY STOPS above $ 32,700 , so be careful of price movements in this range as you may fall into the trap and Practically become liquid for the whales in the market. Previous analyzes are still valid and be sure to read and review previous analyzes along with this analysis. Prerequisites for climbing up to $ 37,600 have also been mentioned in previous analyzes.
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 05.30.2022
⚠️(DYOR)
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