ABC on LUNA?
Updated
Could we now be in an ABC down to around the $60? The reason why I think $60 is because that's roughly where I assume the 200MA will be by the time the ABC down is finished. As you can see in the chart, the 200MA is a STRONG support, bouncing each time it touches.
Comment
Apologies as I've not been following this to closely. The RSI on the daily TF is crazy overbought and if this is to go higher it needs to cool off.
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