LUNA - good areas to buy on it's way to $26
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As you can see on this daily chart LUNA has hit the bottom of a long term trend on the RSI indicated by the light blue up arrow. My buy area is between the yellow and green line on the RSI.
The red horizontal lines on the RSI show the overbought zones.
On the LMACD the orange down arrow shows where LUNA crossed over the light blue horizontal line and has not dropped below it since.
On the chart the light grey date ranges show the time for LUNA to retrace last time and will it be the same this time?
The lime green rectangular box is where LUNA could trade along before it's next move up to $26. This is my buy area between $15 and $16.45
Last retrace the price reacted off the EMA 34 (pinkish moving average line).
Happy trading legends!
HTBB
Check out my analysis below to confirm my strike rate.
Most correct analyst on Trading View, oh........ and earth!
As you can see on this daily chart LUNA has hit the bottom of a long term trend on the RSI indicated by the light blue up arrow. My buy area is between the yellow and green line on the RSI.
The red horizontal lines on the RSI show the overbought zones.
On the LMACD the orange down arrow shows where LUNA crossed over the light blue horizontal line and has not dropped below it since.
On the chart the light grey date ranges show the time for LUNA to retrace last time and will it be the same this time?
The lime green rectangular box is where LUNA could trade along before it's next move up to $26. This is my buy area between $15 and $16.45
Last retrace the price reacted off the EMA 34 (pinkish moving average line).
Happy trading legends!
HTBB
Check out my analysis below to confirm my strike rate.
Most correct analyst on Trading View, oh........ and earth!
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