roshart

TERRA flag like pattern ( bullish )

Long
roshart Updated   
KUCOIN:LUNAUSDT   Terra / Tether
Of course many says flag pattern is about much more less candles than in this chart,
but as price broke through the top line, and in pull back , I bought 30% of what I had in mind for buying Luna (TERRA)

As seen above, the price is just playing in small rectangle so if it break it up, and have at least one +closed candle and the next is a good one! I will buy the rest.

The first target is equal to the top and start of the flag, and it may continue to go up just like the handle of the flag!
Pay Attention: IT MAY! :)


#Terrausdt
#Lunausdt
#Terra
#Luna
#Terra/usd
#Luna/usd
Trade active:
As the fib 0.786 and R3 line of the PivotPointStandard are in the same zone at the current time, the first reachable target is about 20$
Comment:
So the #luna touched the 19.6$ ( near 20$ area as mentioned :) ) and is coming down to have a rest!

The first important support area is about 16.5 to 17$, and the next big support according to "retracement fib" and "static support line" and "pivot point standard indicator" is 15.30 to 15.6$

So if we are tether! can reduce the average in the first place and if it loses the support , we can probably reduce even more average by buying 2x, or even 4x in the 14.5 area.

if 14.5 is lost! then whole uptrend is lost.

Attention: Reducing the average price seems logic, but only when we make sure about the growth of our asset ( crypto, etc... ).

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