Long

LUNA CLASSIC - DAILY ANALYSIS (BULLISH)

Updated
Conditions in the LUNC market have been stressful for several months.

Many traders at LUNC have experienced liquidations in recent weeks.

I think this desperation has bottomed out and the big players are on the move.

I'm starting to look for a similarity between today (2/24) and the day before the big bullrun (August 21, 2022).

As for me, I am strongly bullish.
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Little pump 1H / 4H chart. Very good beginning.
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Yesterday we broke through the downtrend line to the upside - the orange line. That's a good sign. So far, everything is going according to plan.

snapshot
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Green - positive scenario
Yellow - modal scenario
Red - negative scenario

snapshot
Note
What state are we in right now? :)
snapshot
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The LUNC price was not able to maintain the green support trend line and thus the depression phase was significantly extended. I'm closing this post and opening a new one. I remain strong bullish.

New idea here:
Luna Classic Bullish Scenario
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