What a joy was analyze Luna, inverse dragon / M pattern started the correction then a W pattern / double floor make it bounce and made a beautiful cup and handle. Right now we break the handle and are cloase to break the neckline of the coup and handle which will mean a probably big bullish movement, the adx indicator looks bullish, volume looks nice.
Luna born in a bullish channel that is respected with a beautiful movement. Everything fits with the fibonacci extension and retracement.
When the neckline (RESISTANCE) of coup & handle breaks we could try to reach 29.32$
Conservative targets: 18$ - 20$ and 28.22.
Many time making sideways made a great acumulation. Consider that the TVL is big and the price is pretty underrated. Beign one of the masterchains for global stablecoins is making a nice floor for LUNA.
I would hodl this, maybe sell at targets and re-buy, I see LUNA over 50$ pretty soon.
Luna born in a bullish channel that is respected with a beautiful movement. Everything fits with the fibonacci extension and retracement.
When the neckline (RESISTANCE) of coup & handle breaks we could try to reach 29.32$
Conservative targets: 18$ - 20$ and 28.22.
Many time making sideways made a great acumulation. Consider that the TVL is big and the price is pretty underrated. Beign one of the masterchains for global stablecoins is making a nice floor for LUNA.
I would hodl this, maybe sell at targets and re-buy, I see LUNA over 50$ pretty soon.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.