LUNAUSD - rally in the golden fib. zone

Here's a little update on my last idea, where i didn't take much into account.

Now, we are bouncing off the Weekly Golden Fibo. zone. - HUGE bullish engulfing, accompanied with high volume. If we can turn this into support, then we might be able to move to higher levels. The thiccck pink line is confluent with the 50EMA - if we can get above that, then we'll be looking strong again.

However, we are going to wait and see. Luna is still buying BTC, putting together the 4pool, and moving forward with their ambitions. We shall see where the market goes. Looking to break that all time high in the future.

LUNATrend Analysis

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