luna and its close target
As you see in the chart, candles are in a uptrend channel. So, we can determine target price of luna for 2h timeframe. based on channel, top price can be 3.15 to 3.3 $ and if it drop, it can go up to 2.2 $. But according to previous behavior of the price, there is a strong support zone on 2.35 to 2.45 $. In conclusion, it seems that luna can move to 3 $ again!
Note
Hi guys... We are at the bottom of the channel right now. As I mentioned before, the support zone (2.35 - 2.45 $) has acted well. If this support doesn't break, we can wait for 3 $ technically.
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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.