Hello everyone !
Today H₿ Capital is analyzing LUNA based on a Weekly chart 📈
What we can see :
- Luna is trading below the Kijun / Tenkan weekly
- We can clearly identify a double top on the RSI
- The CHOP index is high, but could go higher
- The slow stochastic is declining and is approaching the bottom area
- Spreads are negative
- Small Sell volume
What we can expect :
Based on these elements, we can see that Luna did not bottom yet. We can expect prices to drop a little bit more to reach our buying area : 42$ to 25$
Keep in mind that there are two strong supports right now :
Support 1 : 0.618
Support 2 : MA50 + lower line of the pitchfork
MAY THE CRYPTO BE WITH YOU GUYS
FEEL FREE TO LEAVE A LIKE AND FOLLOW ⭐ H₿ CAPITAL ⭐
Today H₿ Capital is analyzing LUNA based on a Weekly chart 📈
What we can see :
- Luna is trading below the Kijun / Tenkan weekly
- We can clearly identify a double top on the RSI
- The CHOP index is high, but could go higher
- The slow stochastic is declining and is approaching the bottom area
- Spreads are negative
- Small Sell volume
What we can expect :
Based on these elements, we can see that Luna did not bottom yet. We can expect prices to drop a little bit more to reach our buying area : 42$ to 25$
Keep in mind that there are two strong supports right now :
Support 1 : 0.618
Support 2 : MA50 + lower line of the pitchfork
MAY THE CRYPTO BE WITH YOU GUYS
FEEL FREE TO LEAVE A LIKE AND FOLLOW ⭐ H₿ CAPITAL ⭐
Trade closed: stop reached:
CF LUNA UST SCANDAL