LUNA had double top reversal pattern on daily chart. After hitting ath, price broke structure to downside indicating a reversal. Price is currently forming a head and shoulders reversal pattern. Also, after move lower, price retested 50% fib level and resistance and has wicked to the upside indicating bears coming into the market
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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.