It has been an exciting ride with Luna over the past couple of days. Some of us have had our Santa rally but nevertheless there's still enough room for growth as the market is in the process of a pullback.
Bringing the information of the charts here, I brought out my 20MA which I'm using as my dynamic support line. If price price touch the MA, we should get ready to buy on the next bullish daily candle.
setup one
A bearish close below MA followed by a bullish close above MA should be taken as a buy signal.
setup two
A bearish close below MA followed by a consecutive consolidation should be an indication that buyers are present willing to push price further higher. Enter when a bullish candle close above the 20MA.
Bringing the information of the charts here, I brought out my 20MA which I'm using as my dynamic support line. If price price touch the MA, we should get ready to buy on the next bullish daily candle.
setup one
A bearish close below MA followed by a bullish close above MA should be taken as a buy signal.
setup two
A bearish close below MA followed by a consecutive consolidation should be an indication that buyers are present willing to push price further higher. Enter when a bullish candle close above the 20MA.