Luna poised for takeoff?
Luna has been GRINDING in this range for a while building up a nice support level around 90. Looking at the dailies we are seeing a bullish divergence (white dotted) with a higher low on the chart but a downtrending RSI. Short term following a clear bullish trend (yellow solid line)
I think a breakout retest of $100 is going to be my signal for a buy. If that fails, watch for retests of support high 80s-low 90s as DCA range.
I think a breakout retest of $100 is going to be my signal for a buy. If that fails, watch for retests of support high 80s-low 90s as DCA range.
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