March 6, 2026

LUNA/USD Weekly TA Cautiously Bullish

LUNA/USD Weekly TA Cautiously Bullish

LUNA/USD Weekly TA Cautiously Bullish

LUNA/USD Weekly TA Cautiously Bullish

Luna / US Dollar (calculated by TradingView) BINANCE:LUNAUSD
dailytaguy


LUNA/USD Weekly TA Cautiously Bullish

LUNA/USD Weekly cautiously bullish . Recommended ratio: 85% LUNA, 15% cash. Price is currently in the process of reclaiming the uptrend line from July 2021 (a close above $100 this week would accomplish this and give confirmation to go ALL IN). Volume remains very low and is on track for a fourth consecutive week of shrinkage, hinting that an impending breakout or breakdown is due. Parabolic SAR flips bearish at $48. RSI is currently trending up at 67 after breaking out above 64.56 resistance; the next resistance is at the descending trendline from February 2021 (75). Stochastic remains bullish and is currently trending up at 58; the next resistance is at 66.26. MACD remains bullish and is currently trending up at 13.5 as it approaches a test of 14.09 minor resistance. ADX is beginning to trend up at 36 as Price continues to appreciate, this is bullish . If Price is able to close this week above $100, it will likely retest the upper trendline of the ascending channel from March 2021 at $125 before potentially testing $150. However, if Price closes below $100, it will likely confirm a more pronounced Double Top that will have Price retest $87.51 minor support. Mental Stop Loss: (once close below) $97.88.

Previous Article

LUNA/USD Weekly TA Cautiously Bullish

Next Article

Do you want some cake?

You might be interested in …

Bitcoin Aiming for New ATHs...

Bitcoin Aiming for New ATHs…

Bitcoin Aiming for New ATHs… Bitcoin / U.S. dollar BITSTAMP:BTCUSD TheJonesPortfolio-100T Bitcoin has been in a downtrend since November 2021… Has the Bull Run resumed? My thoughts below: Bitcoin has faced immense selling pressure since […]

Dogecoin founder speaks out against MC

Dogecoin founder speaks out against MC

Dogecoin founder speaks out against MC Bitcoin / U.S. dollar BITSTAMP:BTCUSD monicaagrizzi9 “They’re made by people trying to get rich off of other people trying to get rich,” said Dogecoin creator Billy Markus. Seemingly frustrated […]