LUNA LTF falling wedge
I am expecting a bounce from the recent dip. The bounce is not confirmed yet. Can draw a head and shoulders or make a new ATH, depends on the market.
I don't expect a dump because 1H RSI forming bullish divergences, but OBV broke the trendline and maybe Luna topped for now.
I don't expect a dump because 1H RSI forming bullish divergences, but OBV broke the trendline and maybe Luna topped for now.
Note
broke under horizontal support. The classic move is a retest of the support. There is still a chance this is just a deviation and price will go over support again.Note
This was more bearish than expected, it retested the range support and fell. Hopefully it will bounce now.Note
formed a bear flag broke it.
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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.