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LUNAUSDT

Luna respected to the resistance levelAs previously warned (see link below), Luna, after breaking down and pullback, respected the resistance and formed the first red brick in the Renko chart. This could be a sign of the beginning of a downtrend in the future. Three target levels are indicated in the diagram according to Volume profile and Renko support/resistance levels. Currently, only the descent to the first target is confirmed. The continuation of the descent process until the next targets in the future will be examined according to Luna's behavior.
Short
by cryptoonchain
Luna gains a lot of energy after correction.Hello everyone, Let's take a look at the LUNA to USDT chart over the 4H time frame. Let's start by marking the local uptrend line with the blue line where the price unfortunately turned back. Now let's move on to the designation of the support line, which we can see at $ 76.38 if the price does not hold, the next support is at $ 70.21 and another $ 64.28. On the other hand, it is worth setting the resistance that the price has to overcome and you can see that the first support is $ 90.11, while if the price breaks the resistance, the next one will appear at $ 103.13. Please be especially careful and observe the market behavior because you can see on the CHOP indicator that we have a lot of energy for the next move.
by cryptodailyuk
2
LUNAUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the 4-hour time frame. The price has formed a Bat pattern. Now the price has broken the support line and has turned it into the resistance line. The price needs to break the resistance zone and then rise. But we expect it to go up to the resistance zone and then fall step by step to the first support zone. If the first support zone is broken, it will fall down to the next support zone. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Short
by MarsSignals
4