LUNA/USDT : Masterpiece of technical movement. Bullish Moon.
What a joy was analyze Luna, inverse dragon / M pattern started the correction then a W pattern / double floor make it bounce and made a beautiful cup and handle. Right now we break the handle and are cloase to break the neckline of the coup and handle which will mean a probably big bullish movement, the adx indicator looks bullish, volume looks nice.
Luna born in a bullish channel that is respected with a beautiful movement. Everything fits with the fibonacci extension and retracement.
When the neckline (RESISTANCE) of coup & handle breaks we could try to reach 29.32$
Conservative targets: 18$ - 20$ and 28.22.
Many time making sideways made a great acumulation. Consider that the TVL is big and the price is pretty underrated. Beign one of the masterchains for global stablecoins is making a nice floor for LUNA.
I would hodl this, maybe sell at targets and re-buy, I see LUNA over 50$ pretty soon.
Luna born in a bullish channel that is respected with a beautiful movement. Everything fits with the fibonacci extension and retracement.
When the neckline (RESISTANCE) of coup & handle breaks we could try to reach 29.32$
Conservative targets: 18$ - 20$ and 28.22.
Many time making sideways made a great acumulation. Consider that the TVL is big and the price is pretty underrated. Beign one of the masterchains for global stablecoins is making a nice floor for LUNA.
I would hodl this, maybe sell at targets and re-buy, I see LUNA over 50$ pretty soon.