Here's a quick TA of Luna. I feel were going into a phase where we will be getting some nice crypto buying opportunities and I will be looking forward to catching some dips.
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Chart Update - Coming into the overall idea of pullback opportunity.
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MA Cross looming.
MA Cross looming.
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It's wild.
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Its coming...
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Well we got 54. Wicked into POI 1.
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Okay we got some expected corrective wicks from oversold levels after we hit our levels. Which price then targeted prior resistance before being held hostage by the MAs. Personally I see two possible targets for price to achieve if we keep below RSPs and structure remains bearish.
Okay we got some expected corrective wicks from oversold levels after we hit our levels. Which price then targeted prior resistance before being held hostage by the MAs. Personally I see two possible targets for price to achieve if we keep below RSPs and structure remains bearish.
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Here we can see wick rejections off demand zone. I personally fill coming into the imbalance would be a reasonable new target. If this level decides to be either higher low OR the next lower high.
Here we can see wick rejections off demand zone. I personally fill coming into the imbalance would be a reasonable new target. If this level decides to be either higher low OR the next lower high.
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After seeing the move to my POIs 2. I feel were going to see some heavy action around this level since it was a prior accumulation level. We also have alot of depth nearing this area. Though structure is still bearish...