LUNA/USDT : Nice potential but Bullish signal not yet Triggered

LUNA/USDT : Nice potential but Bullish signal not yet Triggered

Some one asked me about Luna :) - AS i said i'm really enjoying listening Mark Zeller for its Defi point of view.... Last time aout Luna he was warning abot about a probable Ponzi ... as i said Mark is working for other competitor so lets just be focus on chart and see what happen.

The Chart is quiet nice to see the bearish behavior being reversed... So it is a good entry point for people happy to play long on this coin, however look at the EMA + RSI, the indicators didn't confirmed yet any bullish pre-signal , which is not the case of the BTC for exemple... Luna is lagging for now

Tactical view

As long as 47.00 remain a key pivot support level a further recovery is expected in any dips towards 76.00 first confirmation resistance to bypass to lower the downside risk and activate a significant exposure and see an extension towards 120

Enjoy