LUNA in three push pattern; price and volume are completely dive
LUNAUSDTLUNA in three push pattern; price and volume are completely diverge; more likely to rebounce to 35
1. From Sep 10 till now, a three push or upward wedge pattern is formed; Bulls power becomes weaker and weaker.
2. Along with each higher high, volume also becomes lower and lower. It shows bulls have less interest to buy.
3. Meanwhile, bears also have not enough reasons to sell. They are waiting for a double top or even a lower high as an entry signal.
4. 35 is the closest support/resistent level, where more bulls may join.
5. As a conclusion, price is more likely to rebounce to 35 after a good bearish signal.
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