In my last LUNA analysis I stated that LUNA was likely to keep increasing in value until the top resistance of the ascending wedge pattern had been reached, assuming BTC would stay stable/bullish. However, since then BTC has been falling and LUNA has followed.

As of recent, the macro bullish pattern has been broken (blue). In my view, there's a high probability that LUNA will keep on falling in the near future. Next area where I'd be looking for a bullish entry would be the purple support line, around $60.
Happy trading!

As of recent, the macro bullish pattern has been broken (blue). In my view, there's a high probability that LUNA will keep on falling in the near future. Next area where I'd be looking for a bullish entry would be the purple support line, around $60.
Happy trading!
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.