Luna / TetherUS
Panjang

uptrend , continuation after pullback , Will boom after 41-43 ?

775
Hello Traders,

- We expect LUNA to continue it's uptrend , on daily time frame we are bullish we need to see that buyers still have steam to push price upper

- On 4H we can see a decent ascending non-horizontal trend line price action is respecting this area , buyers should make new high in order to confirm the trend meanwhile will notice a small pullback towards 41$ then upward again if buyers manage to save the trend if not will breakdown below 41$ then 39$ 37$ plus we can see an inverted Head&shoulders on 4H but to be valid we should break the neckline above 41$-43$

- Fundamental analysis: September 30 upgrade done on network with Columbus-5 leading to inter-blockchain integration with COSMOS non mentioning the rise of services applied by LUNA stable coin TERRAUSD ( UST )

- I am overall bullish expecting for a new high :)

Good luck enjoy traders!

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