TVC:GOLD
Gold has formed an Head and Shoulders pattern on the chart and is currently retesting the support at 2055. This support also serves as the Head and Shoulders neckline, and a breakout under it will likely result in further downturn towards 2030. However, the market is still bullish on all timeframes, so we can expect further upside after correction. ...
BINANCE:LUNAUSDT
As of 28th December 2023, LUNA has violated the local range support and the trendline held snce early November, currently trading at around 0.89 USDT.
Although there has been an breakout and retest of the trendline and previous support turned resistance indicating further downsides, the price is currently testing the support around 0.835 and...
BINANCE:LUNAUSDT
In my last article, I have discussed about a LUNA breakout.
LUNA has corrected from local range resistance, and are retesting the pennant upper boundary.
I expect an upward movement from the support, and will hold the previous order.
If LUNA manages to break the local range resistance, an upward movement to 1.28 is expected. Good luck!
