$LUNA/USDT 1h (Binance Fut.) Descending trendline break & retest
terra.money is recovering pretty fast and seems to be forming a bullish flag, continuation is likely after a last dip.
At first it was only a DeFi token, now Terra has its own Ecosystem and is also part of Solana and Cosmos ones.
Current Price= 29.499
Buy Entry = 29.161 - 28.117
Take Profit= 31.473 | 34.318 | 37.732
Stop Loss= 26.363
Risk/Reward= 1:1.25 | 1:2.5 | 1:4
Expected Profit= +19.80% | +39.66% | +63.50%
Possible Loss= -15.90%
Fib. Retracement= 0.786 | 0.947 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 5 days
At first it was only a DeFi token, now Terra has its own Ecosystem and is also part of Solana and Cosmos ones.
Current Price= 29.499
Buy Entry = 29.161 - 28.117
Take Profit= 31.473 | 34.318 | 37.732
Stop Loss= 26.363
Risk/Reward= 1:1.25 | 1:2.5 | 1:4
Expected Profit= +19.80% | +39.66% | +63.50%
Possible Loss= -15.90%
Fib. Retracement= 0.786 | 0.947 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 5 days
Trade active:
All entries filled
Terra dipped as planned, let's wait patiently for the bounce now!
Terra dipped as planned, let's wait patiently for the bounce now!
Trade closed: target reached:
TP2 reached with +39.66% (2x) and +2.5R
Terra following the forecast precisely, what a great feeling, SL updated to 1st entry (29.161$)
200MA support is regained and a new All Time High (ATH) is just a matter of time!
Terra following the forecast precisely, what a great feeling, SL updated to 1st entry (29.161$)
200MA support is regained and a new All Time High (ATH) is just a matter of time!
Trade closed: target reached:
TP3 reached with +63.50% (2x) and +4R
New ATH for Terra which just moon landed, who would have thought?! 🌍🚀🌚
New ATH for Terra which just moon landed, who would have thought?! 🌍🚀🌚
