Here's a quick TA of Luna. I feel were going into a phase where we will be getting some nice crypto buying opportunities and I will be looking forward to catching some dips.
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Chart Update - Coming into the overall idea of pullback opportunity.
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MA Cross looming.
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It's wild.
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Its coming...
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Well we got 54. Wicked into POI 1.
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Okay we got some expected corrective wicks from oversold levels after we hit our levels. Which price then targeted prior resistance before being held hostage by the MAs. Personally I see two possible targets for price to achieve if we keep below RSPs and structure remains bearish.
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Here we can see wick rejections off demand zone. I personally fill coming into the imbalance would be a reasonable new target. If this level decides to be either higher low OR the next lower high.
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After seeing the move to my POIs 2. I feel were going to see some heavy action around this level since it was a prior accumulation level. We also have alot of depth nearing this area. Though structure is still bearish...
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