Hi Traders,
Just looking at the higher TF for LUNA and as we see, some recent price support for the 2.4 area may be able to keep price from breaking the local upward move.
If this 2day can close green and moving upward i think its certainly time to jump on the longs if not done so.
Right now theres 20 hours left in the 2day candle, IF we begin to see some upward action from price, especially breaking above/holding 2.50 we should be on the way to big upward moves.
Just made a simple visual for potential 2 upward situation -
1) just a short squeeze before continued consolidation (to the 5-6$ areas)
2) an over shooting price to the above fib level of $11 (likely to stop just short of that around $9/10)
Goodluck,
Asset Mastery
Just looking at the higher TF for LUNA and as we see, some recent price support for the 2.4 area may be able to keep price from breaking the local upward move.
If this 2day can close green and moving upward i think its certainly time to jump on the longs if not done so.
Right now theres 20 hours left in the 2day candle, IF we begin to see some upward action from price, especially breaking above/holding 2.50 we should be on the way to big upward moves.
Just made a simple visual for potential 2 upward situation -
1) just a short squeeze before continued consolidation (to the 5-6$ areas)
2) an over shooting price to the above fib level of $11 (likely to stop just short of that around $9/10)
Goodluck,
Asset Mastery
