We are back boys and girls After a ranging movement for a few days, accumulation has been completed. We might see a retest on the upper bound of the channel before the strong trend movement begins. One thing is for sure, this bar is breaking some established limits and shows strength on the bullish sentiment
Following the previous Idea where I saw a channel formation on $LUNAUSDT, it has arrived at the bottom of said channel. As the green arrow points, this might coincide with a very bullish signal if it bounces. However, it could also lose the support and go on a very hard downfall
After a quite a nice recovery followed by a change in macro sentiment, Luna is looking brighter than it did a few days ago. 4 important things to consider on the following days in my opinion are: The lower trendline The 95,5$ Resistance The 90,3$-ish pseudo-resistance The 87,5$ support Considering those 4 things, this I see are two of the most promising...