LUNAUSD
Will LUNA regain it's recent high ?* Luna is in a clear uptrend forming higher-highs and higher-lows on a parallel channel which is working as a support for the price.
* Currently the price is consolidating in a Falling wedge between two trend-lines.
* RSI bullish divergence also appeared in Luna, RSI divergence occurs when there is no longer the same momentum between the price and the RSI indicator.
* If it breaks the upper trend-line of the pattern we can see a bullish move till $48.
LUNAUSD LONGLuna has taken a consistent uptrend, each breaking every resistance seen from a downtrend prior. This pattern shows the asset is yet ready to break new resistance level.
What is your opinion about LUNAUSD going bullish?
LUNAUSD LONGLUNA is holding strong against the dollar and as buyers power increase on a weekly analysis, we will see a uptrend as I have shown in the chart with a good price hit above my illustrated resistance
LUNA mooning?Terra broke up this triangle📐 and I think there is chance for run to 60 and even higher. Setting BUY LIMIT order to catch the pullback and add to my bag. Check the other triangle breakouts in related ideas. LUNA let's moon!🌙
ENTRY : local high @ 40.1
SL : local low @ 37
TARGET : height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @ 59.5
RRR : 6.4
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
LUNA to make major moves in October!LUNA needs more time to cool off and play out the major bearish divergence on the daily chart. I am currently watching LUNA to potentially form a complex head and shoulders pattern with the bearish divergence before making its way to a new ATH at the end of October.
Chart of the Day - LUNAUSDThe momentum is showing strength for LUNAUSD.
MACD is positive and 20EMA and 50EMA are both moving upwards and in parallel movement.
There is resistance at $49.50 and LUNAUSD must surpass this resistance to move upwards from this position.
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LUNA crystal-clear analysis. This is where it will go from here:BINANCE:LUNAUSDT is at a key resistance level right now. It currently appears to be rejected by it but no confirmation yet. Once we have a good confirmation, we can either go long above the resistance level or short it until the previous support. See the chart for more information.
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Adam & Eve Formation For LunaAs we can see LUNA/USDT is forming Adam & Eve Pattern on 4h chart.
We need a brakeout through the resistance for a massive pump.
LUNA/USD - Decision time approaching. Will it fall?Luna is quickly approaching a major trend line that has acted as support holding the price above it in mid-September.
Will it hold a second time?
The indicators are rather bearish, we painted a lower high and I lean on being bearish, particularly as Luna did a major pump in the last two months. So the market needs to relax a bit. We did consolidate for most of September around $30-40. But is this enough?
The real test is coming soon and if our support falls, then expect lower levers as indicated by the Fib lines. The most likely level to hold any sustained drop is around $20. But that may be too into the future right now, especially if our support will hold.
This will be decided by early October. I remain bearish short term and we will get at least a test of support. Also keep an eye on BTC/ETH moves as they will impact all crypto market moves (see ideas below).
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Luna 🤑🤑🤑Good time to buy Luna. it looks like couldn't break down strong support 26.4742. Forming Divergence, also RSI on oversold in 4 hours time frame. It is possible to go 35.1141 or higher.