Hello everyone, let's take a look at the LUNA to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line.
Let's start by drawing the resistance line, as you can see, the first resistance is $ 91 which LUNA is currently struggling with, the next one is $ 94 and $ 96 and $ 100.
Now let's move on to the support line and as you can see the first support is $ 90, the next $ 87 and $ 82.
Looking at the CHOP indicator, we can see that the energy was consumed in a 4-hour interval.
Let's start by drawing the resistance line, as you can see, the first resistance is $ 91 which LUNA is currently struggling with, the next one is $ 94 and $ 96 and $ 100.
Now let's move on to the support line and as you can see the first support is $ 90, the next $ 87 and $ 82.
Looking at the CHOP indicator, we can see that the energy was consumed in a 4-hour interval.
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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.
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.