LUNAUSDT
ANC still looking awesome! ANC almost tapped my first price target listed…still bullish and in range to move up and hopefully have a continuation to the upside…this is a chart posted from my trading view phone app, but you can see the progress
LUNA reacts with a correction similar to BTCHello everyone, let's take a look at the LUNA to USDT chart on a 1 day time frame. As you can see, the price is moving above the local uptrend line, but is currently based on this line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 72, if the support breaks down, the next one is $ 59 and $ 43.
Now let's move from the resistance line as you can see the first resistance is $ 86, if you can break it the next resistance will be $ 92 and $ 97.
Looking at the CHOP indicator, we can see that a lot of energy has accumulated in the 1-day interval, but due to the BTC correction, the entire market reacts similarly.
Long setup for LUNAUSDT IF LUNA breaks its downtrend and does its retest, it may give a chance for long position. Or downtrend continues..
LUNA and 2017 LTC ComparisonLUNAUSD has been undergoing a long period of consistent growth, just at a slow rate, this was similar to how price behaved before a massive moon on Litecoin in 2017, in which price went from about 55 to 350 USD in one pump
Price action is very comparable
LUNAUSDT is moving down in the bearish channel
LUNAUSDT Has formed a flag after the rejection from the top of the channel. On higher time frame we can clearly see that LUNAUSDT is in a bearish channel and the last red large candle indicates that the price has the potential to go lower after the breakout. The first target profit will be 77.77
💎 LUNAUSDT
🔵 Entry zone 88.43 - 83.42
🟢 TP1 77.77
🟢 TP2 70.70
🟢 TP3 58.00
🔴 SL 93.50
Good Luck 🎲
LUNAUSDT SHORTLUNA USDT has potentially got a long way to go down.
Daily Head and Shoulders has formed the right shoulder, BTC is also in a decline (my prediction in my last post dictates around $33k) this could drag Luna down with it
My current entry was:
Shorted from: 82.50
Sop Loss: 85.87
TARGET: 61.74
Bring on the bears.
LUNA / USDT : weekly analysishello?
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watch Luna/usdt weekly chart
The uptrend is broken in weekly chart - So a downward trend is likely to begin
Note1 : No temporal analysis was performed So do not pay attention to date and time
Analysis may occur sooner or later
Note : Luna / BTC upward trend in daily chart is also breaking