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.
#LUNA
The price has been moving in a bear flag since July 2022
The upper limit of the model has been tested more than once.
The downtrend and the uptrend were broken.
We have oversold on MACD.
And the support of moving Africa 100
Current price 0.775
First goal 1.22
Second goal 2.52
That's approximately 300% of the current price.
Our Luna baby has printed multiple buy prints so there is rigorous acitivity going on. our next quick target will be 0.86
DYOR
Dear my friedns,
A few weeks ago, Luna created a bullish signal by breaking out of the downtrend on the weekly frame. And recently, Luna escaped from the confinement box with a very impressive marubozu. It's hard to talk about this coin. It was thought to be dead, but now it seems to have begun its revival with two spectacular breakthroughs. I will bet 100x target on this coin with 1% of my assets and start holding it from now on.
Best Regards,
luna/usdt 1h and 30 min chart... box broke down/sell broke up/buy....
it not a signal share your minds...
search yourself for have the best
LUNA is dropping in a bearish channel on 4H time frame,i expect another bullish movement after breakout..
