ModTrades

LAST IMPULSE FOR LUNA BEFORE ITS CORRECTION

BINANCE:LUNAUSDT   Luna / TetherUS
Hello traders

Today we are looking at the LUNAUSDT where thanks to the Elliot Waves Analysis we are achieving the wave 5 of its entire impulse trend

My objective zone is betweeen $122 and $128, it is where the strongest Fibonacci objectives are.

Additionally, we can see that we are having a triple Bearish Regular Divergence from the last high of the 26th december, (but it is even older than this date too)
----> (if you go weekly, you can tell by the indicator that we are also having a triple B.R.D from the beginning of its listing)

Normally when finishing an impulse, it happens a correction wave (ABC for instance)

Hope you find it interesting.

Penafian

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