LUNA - Daily - "Potential $12 Retest"

Updated
Click Here🖱️ and scroll down👇 for the technicals, fundamentals and more behind this trade!!!
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///////👍✋Not financial advice, do your own due diligence ✋👍////////
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➡️Technical Standpoint⬅️
1.) Hidden bag unloading occurred between 3/29 and 4/4.
2.) Would like to see a minimum of 2 to 3 tests to confirm we have fallen out of the descending channel. Even if we break back into the descending channel, it still needs to hold above the LR to confirm its still in a bullish state.
3.) Parabolic gains on the monthly; needs to cool off and find/create support levels.

➡️Fundamental Standpoint⬅️
1.) +2 Bil market cap.
2.) Staking and burning.
3.) Being heavily manipulated by influencers.

➡️Current Season⬅️
- Altseason / 121 days

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//////Indicator Legacy/Meaning//////
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✨ Linear Regression Line( LR ): is the green/red worm-like line.
✨ TD Sequential (TDS): tradetrekker.wordpress.com/tdsequential/
✨ Social Activity Indicator(SA):
- Based on trader sentiment. The indicator will provide either a Strong Interest, Neutral/Some Interest, or No Interest signal.
- Lime background = spike in interest.
- Yellow background = drop in interest.
- Fuchsia Circles = Clustering of circles on the lower end of the spectrum means consolidation.

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///🎉🎉🎉Before You Go🎉🎉🎉///
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Trade closed: target reached
This aged nicely ☺️
Technical IndicatorsSupport and ResistanceTrend Analysis

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