iBarcode_001

iBarcode_001

LINA broke out this falling wedge. Lets see if it continues to go upside. Price crosses the EMA 9 (blue line), lets see if it will also cross the EMA 21 (red line). MACD also show a good bullish movement where blue line approaches the red line, will it cross in the next 24hours? Or will not? We will see in the next 24-48 hours. Not a financial advice =)

iBarcode_001

LINA may retest the 0.786 on Fibonacci around $0.11-$0.12 before going back to $0.3-$0.35. It is also a resistance that has been broken which may turn into a support if this chart plays out. Another thing is that LUNA may create an ascending triangle as you can see in the chart.