Hello everyone !
Today H₿ Capital is analyzing LUNA based on a Weekly chart 📈
What we can see :
- Luna is trading below the Kijun / Tenkan weekly
- We can clearly identify a double top on the RSI
- The CHOP index is high, but could go higher
- The slow stochastic is declining and is approaching the bottom area
- Spreads are negative
- Small Sell volume
What we can expect :
Based on these elements, we can see that Luna did not bottom yet. We can expect prices to drop a little bit more to reach our buying area : 42$ to 25$
Keep in mind that there are two strong supports right now :
Support 1 : 0.618
Support 2 : MA50 + lower line of the pitchfork
MAY THE CRYPTO BE WITH YOU GUYS
FEEL FREE TO LEAVE A LIKE AND FOLLOW ⭐ H₿ CAPITAL ⭐
Today H₿ Capital is analyzing LUNA based on a Weekly chart 📈
What we can see :
- Luna is trading below the Kijun / Tenkan weekly
- We can clearly identify a double top on the RSI
- The CHOP index is high, but could go higher
- The slow stochastic is declining and is approaching the bottom area
- Spreads are negative
- Small Sell volume
What we can expect :
Based on these elements, we can see that Luna did not bottom yet. We can expect prices to drop a little bit more to reach our buying area : 42$ to 25$
Keep in mind that there are two strong supports right now :
Support 1 : 0.618
Support 2 : MA50 + lower line of the pitchfork
MAY THE CRYPTO BE WITH YOU GUYS
FEEL FREE TO LEAVE A LIKE AND FOLLOW ⭐ H₿ CAPITAL ⭐
Trade closed: stop reached
CF LUNA UST SCANDAL
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.
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.