Here we have LUNAUSDT on the 4hr chart. We can see luna trading in a consolidation range between 18 - 19.26. I believe the consolidation is about to break, in which case we will push upward in scenario A to previous resistance @22. Should we break the consolidation range, and we dont recover to the consolidation range, I expect price to drop to next Lv of support around 16.
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.