Potential head and shoulders forming on the LUNA 1D/4H chart with declining volume as the pattern formed. Top of the right shoulder looks to be in with a move down coming in the next few days, if the neckline is broken expect a retest and then move down to the low 70s as first target.
Published another chart last week for a potential top for LUNA with the bearish divergence that can be seen on the chart.
Only caveat is that it seems alts are going for a run up now, however, LUNA has been on a sharp uptrend these last months while everything else has bled.
Published another chart last week for a potential top for LUNA with the bearish divergence that can be seen on the chart.
Only caveat is that it seems alts are going for a run up now, however, LUNA has been on a sharp uptrend these last months while everything else has bled.