LUNA into a rising wedge
LUNA is into a bearish pattern , I’m not sure this is a rising channel or a rising wedge (probably the second one) with a clear DIV on RSI and other indicators. I’m still waiting for price to touch again lower’s support to assess if this is an hidden bullish DIV or just a regular bearish DIV …. it’s a vital difference!
However OBV still doesn’t show DIV at daily timeframe so, whatever will happen we still have to wait a bit BECAUSE at 4h it presents already the DIV and by the look of it, to me it’s a bearish DIV (at least judging the candles of the last 5 days).
On lower timeframes, at 1h price it’s been testing EMA 200 multiple times, the situation is uncertain so for the moment I woudln’t enter this trade and wait of confirmations whether up or down.
Good luck

