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$LUNA 4HR 75-100 RangeAfter hitting those ATHs, $LUNA has been chilling in the 75-100 range, albeit more the 88-100 range. This 88-89 level is acting the like the Great Wall of Buyers right now, and IMO, we lose that and we could see the flush to 76. Not pictures, but the 4HR 200MA is at 88.4629 and is acting as the major support from what I can see. Of course if we hold 88, 92 would be looking like the level to take next before testing the near-100s. Nothing too crazy on RSI, basing my TA more of price action and using indicators as backups.
by cloudwalkerxbt
Terra (LUNA) - April 18hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (LUNAUSDT 1W Chart) You need to make sure you can rise within the rising channel. Above 52.16: Expected to make a new wave. Below 34.69: There is a possibility of entering the mid- to long-term investment area. (1D chart) I think it's very risky to buy on the spot. Therefore, it is important to check how it is supported over the 66.95-69.44 section. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
Waiting for Better Long EntryLUNA is currently flirting with the 100 EMA vs BTC. Shorter-term Bullish traders may have an opportunity for a quick flip as LUNA could certainly hold here and continue it's bullish run. However, buying here doesn't feel like the higher-probability play. I'm more interested in waiting for price to come down closer to the 200 EMA. I'm also waiting for my indicator to show that we are in a solid buy zone. Good Luck ---------------------------------------------------------------- These are my personal views and not financial advice. Please do your own research before investing. I'd love to hear your thoughts, ideas and feedback. Feel free to Comment and I'll try and get back to you quickly. If you appreciated this analysis, consider Liking or Following . Thanks!
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by mercury_rising