#LUNA Extended ! lONG Term

#LUNA

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.

We have a bounce from the lower boundary of the descending channel. This support is at 0.1480.

We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upside.

There is a major support area in green at 0.1430, which represents a strong basis for the upside.

Don't forget a simple thing: ease and capital.

When you reach the first target, save some money and then change your stop-loss order to an entry order.

For inquiries, please leave a comment.

We have a trend to hold above the 100 Moving Average.

Entry price: 0.1493
First target: 0.1532
Second target: 0.1565
Third target: 0.1608

Don't forget a simple thing: ease and capital.

When you reach the first target, save some money and then change your stop-loss order to an entry order.

For inquiries, please leave a comment.

Thank you.