readCrypto

Support and resistance range: 0.5550-0.6697

BINANCE:LUNA2USDT.P   LUNA2 / TetherUS PERPETUAL CONTRACT
Hello?
Hello traders!

If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.

-------------------------------------

(LUNA2USDT.P chart)

(1W chart)
In order to turn into a mid- to long-term upward trend, the price must be maintained by rising above the MS-Signal indicator.

Accordingly, the key is whether the price can be maintained by rising to the 0.6593-0.9347 range or higher.


However, a full-fledged upward trend is expected to begin only when the price rises above 2.0609.


(1D chart)

The key is whether it can receive support and rise in the 0.5550-0.6697 range.

If not, caution is needed as it may fall to around 0.4796.


(4h chart)
The major resistance areas are 0.6712-0.7140 and 1.25-1.4497.

Therefore, the key is whether these two resistance areas can be broken upward.

-------------------------------------------------- -------------------------------------------

** All explanations are for reference only and do not guarantee profit or loss in investment.

** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA

** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.

** This chart was created using my know-how.

---------------------------------

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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.