Luna Classic has been respecting with these two resistances (purple, grey) and overcame the first shorter-term (grey) one with a 25% pump. Nows its testing the longer-term resistance, and if we can see a repeat of the same price action (circled) then we could flip bullish and see a large pump towards $0.4
Been bearish on the short term for ETH for a while, but looks like a bear flag is cooking up and if so, a good short entry upon break below support @ $1570. Price target would be around $1460
Great to see LUNC respect the final fib level @ $0.25 after the triangle breakout. Looking for LUNC to make a decision as resistance and 0.786 fib level intersect soon. Price target of the following resistance if LUNC can breakthrough the closest resistance, otherwise bearish with a complete retracement to $0.10 possible
Possible triangle formation on LUNA, if respected, then looking for breakouts to either the upside or downside, with bullish price target @ around $4, or bearish price target @ around $2.
Triangle formation on LUNC, looking for breakouts in either direction and will trade the breakout.
I've longed here (spot trade) as i think theres decent R&R and a strong buyer level @ $3.80 that suddenly evaporated. Looking for any relief rally and further tradable patterns
The last fib level @$3.30 before complete retracement. Looking for consolidation and any bullish patterns here otherwise next stop is probably $2.
We have been watching the fib retracement on Luna 2.0 and although price dipped below 0.618 fib, there had been buying pressure just below. There’s now no buyer support and price is free falling towards $3.18, our final fib before complete retracement