Luna / TetherUS

LUNA double bottom?

531
LUNA pulled back from the support level at 26,68, but still in descending channel formed 2 days ago. Breakout from this channel could be a good long entry. The next big level to watch is 30,39 and this could be our first TP level if LUNA does not break above it. RSI is already above the established descending trendline and MACD looks ok. Further BTC possible drop will most likely invalidate this idea, but we can take short trade also if this support is broken.

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