LUNA Going to retest 200MA as head and shoulder has formed

Luna looks a bit weak (which coin does not!?) There is a high chance of breaking down the 200MA average.

If the retest of 200MA fails, we can drop down to the Fib level of the last run up.

Trade carefully and with responsible stop-loss :)

Comment:

It seems that scenario 1 is in play :) hopefully if we do not hear any bad fundamental news we will keep going higher

Trade closed: target reached:

I am proud of this analysis :)