Price came into resistance and formed higher lows going into it. Broke out and is now retesting for the another move. Lets see how it goes.
After Lunc it’s sister coin made a staggering 100% move last week. Luna seems to have picked up the momentum also but due to the recent downturn in the market it’s didn’t get to showcase it’s potential. With the support still holding strong, I have doubled down on Luna to make at least a 50% move upward
Luna daily chart looks bullish as it is forming higher highs and higher lows, and has a good momentum with each new high. Moreover, we can seen that a golden cross is about to form, which is a bullish signal for a lot of traders. Finally, if it respects the bullish trend and the retest of the level, then it should form a new high, higher than the previous one on 1.27.
according to the levels on the chart, it could reach 1.4 range in this swing, or drop back to 0.95 to retest the level again.
