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LUNAUSDT

LUNA UpdateWhat I'm seeing (and I could always be wrong) is a 5-3-5 corrective pattern. The 5th wave of (A) will be an ending diagonal at around 77.90, which will lead up to a (B) wave that will close between the 0.382 and 50% fib area. Then it will make it's descent down to the major support/demand area around 57-47 range to complete wave (C). The (C) went could be shortened or whatever, but when looking at the weekly that major support looks like a landing pad. But again my TA is just a reference to whatever you are seeing. I will be closing my shorts when the (B) is identified. Probably here soon, then riding the wave till it produces a closed swing for me up finish shorting. Happy Easter 🐇
Short
by Coinchaser99720
LUNA possible sideways trend.Hello everyone, let's take a look at the LUNA to USDT chart in 1 day. As you can see, the price is moving in an uptrend channel marked with blue lines. Let's start with the line of support and as you can see the first support is $ 73, if the support breaks down, the next is $ 60, and the next is $ 44. Now let's move from the resistance line as you can see the first resistance is $ 88, if you can break it the next resistance will be $ 94 and $ 99. Looking at the CHOP indicator, we can see that in the 1D interval the energy has been used. We can expect LUNA to follow a sideways trend if BTC remains stable.
by cryptodailyuk
LUNA Trading zonesIf you are a LUNA Trader and looking for long zones.. Note this is a HVA requires small size. For this reason, if you are going to invest based on core fundamentals, then the TECH zone noted much lower is for you... but nonetheless, Price action methods and TECH analysis remains the same regardless of what we are Trading. BTC/ETH and those alike are much safer to trade, so if you have a preference it is better to pick those.. There are those however who want to trade LUNA and it is OK to do so if you are trading safely and accurately.. It is on these assets you must concur about the fundamental side in your own process. Trade HVA's small in doing so.
Long
by WillSebastian
3
LUNA - Trend-Following Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow. LUNA is overall bullish trading inside the blue channels. Moreover, 60.0 is a strong demand zone. So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green demand and lower blue trendline. (acting as non-horizontal support) As per my trading style: As LUNA approaches the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
16