Luna daily price action

27 Ağu 2021

Luna breakout the historical peak. it is now under the resistance of channel midline. Scenario 1: it can be a short consolidation or pullback to the static blue line which belongs to the highest high and then goes for the top line of the channel. Scenario 2: decrease to the bottom line of the channel. For scenario num.1 you can set up an stop order above the midline and for scenario 2 a down trend should be observed in 4h or 1h to enter a short position.
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