With the recent capitulation that LUNA just had with the rest of the markets selling off, this is the first time in over 2 years that the daily RSI has hit level 20.
LUNA has tapped the .786, and if this zone holds, it could see a nice run up back to around $48. If support fails, then $20 would be the next target down.
Be cautious with all the fear and volatility in these markets!
EOSUSDT Daily EOS / TetherUS BINANCE:EOSUSDT Fx_Life Hello, thank you very much for supporting me by liking and commenting on our self-sacrificing analysis. If you have a different analysis or you can send your ideas […]
Likely Scenario for DXY & BTCUSD Bitcoin / U.S. dollar BITSTAMP:BTCUSD Michael_Harding Fundamentally speaking, last Friday’s jobs report was strong and inflation figures continue to climb. For this reason, expect to see further upside with […]
Bitcoin (BTCUSDT) TA:22.3.5 Bitcoin / TetherUS BINANCE:BTCUSDT SDQ_Crypto Bitcoin failed to stabilize inside the bullish channel and above the support of 39800 to 40500, and this shows the selling pressure in the market. I expect […]