Luna / TetherUS

LUNA has gathered the energies, which way will she go next?

352
Hi, let's do 4H LUNA / USDT analysis.
At the beginning, it is worth noting that the CHOP indicator has a lot of energy, so we can expect more movement in the coming days, and we also see that on the MACD, the blue line has crossed the red line from below, which could potentially indicate price increases.
Currently, the price is just above the support at $ 53.61, while the next support is at $ 51.93 and $ 49.56.
Looking the other way, we can designate 3 short-term resistance points at the levels: $ 55.02, $ 56.35 and $ 58.25.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.