LUNA CLASSIC LUNAC Quick Update: Bullish Divergence & Breakout

Panjang

Terra Classic / Tether (KUCOIN:LUNCUSDT)

KUCOIN:LUNCUSDT Terra Classic / Tether

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Just a quick update: Luna is pumping right now. Its breaking above the resistance in this massive wedge/flag its has formed. There is bullish divergence on the MACD and the RSI from the 15 minute all the way to the 2 hour, I think nice move up is coming. A measured move of the breakout will bring it to previous highs around .00053. If we fail the breakout of the wedge/flag and we breakdown instead then look for the .00012 level for a bounce/bottom of the correction. This is just my opinion and not trading advice. Good luck out there.

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