Luna may be soon for long

Two red lined are parallel in non-logarithmic chart and the short-term channel is bearish .
Levels are highlighted.
The yellow level is stronger than others.
Generally, there are strong sellers in the crypto market and altcoins move almost correlatedly with BTC .

I believe the purple ellipse is the best time and price to buy Luna.
Since it’s located around a strong level and a strong mid-term trend line . Also, the bottom of non-logarithmic parallel channel advocate the idea.

Comment:

I won't buy until the red trend line the 78.47 are not broken.

The primary buying setup is still valid.