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    Home»Analysis»Long-term Bullish, but needs a breather
    Long-term Bullish, but needs a breather
    Analysis

    Long-term Bullish, but needs a breather

    December 31, 2021No Comments1 Min Read
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    LUNA is in an ascending channel vs BTC and the support looks strong enough to continue up, however we’ve recently had bullish divergence on the daily chart , and we’re seeing solid resistance on the 4H chart, which leads me to think we might be retesting the bottom of the channel before continuing higher. I’m not interested in LUNA at these levels, and I’m looking for a more obvious entry with the way I trade.

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    I’d love to hear your thoughts, ideas and feedback. Feel free to comment and I’ll try and get back to you quickly.
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    This article was originally published by Tradingview.com. Read the original article here.
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