LUNA Going to retest 200MA as head and shoulder has formed
Updated
Luna looks a bit weak (which coin does not!?) There is a high chance of breaking down the 200MA average.
If the retest of 200MA fails, we can drop down to the Fib level of the last run up.
Trade carefully and with responsible stop-loss :)
If the retest of 200MA fails, we can drop down to the Fib level of the last run up.
Trade carefully and with responsible stop-loss :)
Note
It seems that scenario 1 is in play :) hopefully if we do not hear any bad fundamental news we will keep going higherTrade closed: target reached
I am proud of this analysis :)
I am the defender of the retail against the wolves of the wall street
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.