Checking in on LUNABTC. After the Bearish Divergence, price appears to have taken the more bullish consolidation path and is approaching Channel Support. There's no buy signal for me on the Daily chart, however, the 4-hour suggests a possible entry here. If you're holding LUNA, there's good reason to expect more upside as we might be starting a Wave 5. If you're looking for LUNA exposure, a *small* position here seems like a good gamble, however, these aren't the kinds of calls I like to make with the way I trade.
Good luck.
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Good luck.
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These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to Comment and I'll try and get back to you quickly.
If you appreciated this analysis, consider Liking or Following. Thanks!
