Quick heads up... LUNA might be turning as the day chart (left) had exceeded the Bollinger Bands 3SD, and this tends to bounce back. Today's candle is done at 0800hrs SGT and it needs to be signaling bullish tones.
56.37 is a support that must hold over the next week.
The 4H chart on the right shows a detailed bounce off a support for an interrim double bottom (with a higher low). MACD is indicating a bullish divergence. Breaking above 64.70 and sustaining above this level is a must to be bullish.
56.37 is a support that must hold over the next week.
The 4H chart on the right shows a detailed bounce off a support for an interrim double bottom (with a higher low). MACD is indicating a bullish divergence. Breaking above 64.70 and sustaining above this level is a must to be bullish.
