TradingOn

$LUNA/BTC 4h (Binance Spot) Broadening triangle on support

Long
BINANCE:LUNABTC   None
Terra finally retraced down and seems to have found a local bottom here, a bounce would be likely!
If you know how to Margin trade you can lever that set-up a bit:

Current Price= 0.00029789
Buy Entry= 0.00029510 - 0.00028389
Take Profit= 0.00034750
Stop Loss= 0.00026993

Risk/Reward= 1:3
Expected Profit= +40.20%
Possible Loss= -13.42%

Fib. Retracement= 0.618
Margin Leverage= 2x
Estimated Gain-time= 5 days

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.