fabulouslouie

fabulouslouie

Hi guys, welcome to my page. We can swe what's happening in the market; everything going red. The mantra "buy the dip" will only hurt your portfolio the more if you don't understand market structure. Currently, Bitcoin is hovering around the 30k support zone, what does this mean for Luna after registering a significant loss? Well, in my opinion, If Bitcoin is...

fabulouslouie

The market is currently seeing a slow price movement but Luna has kept it quite a little faster than BTCUSDT. On the the daily we can see that the price of Luna retested previous support and price was rejected further up marking a potential uptrend continuation. The Bulls are quite holding on to their position. You can enter a long trade tomorrow after a bullish...

fabulouslouie

A look at the historical price movement of ETH shows that it has been respecting the 200 Day MA alot. Using that point of value as our precedent for this chart, we can see that the decline in price is close to the 200 Day MA. This will act as our support. What we should be looking for is a retest and rebound to the upper band of the channel and then a...

fabulouslouie

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...