LUNA Terra: 4H Chart Update
Hello friends, today you can review the technical analysis idea on a 4H linear scale chart for Terra (LUNAUSD).
The chart is self-explanatory. Terra price has been moving up an Arc trend line and has been moving parabolic recently. If the price falls, it may go back down to the 0.382 Fibonacci Retracement area which is in confluence with the major Support and Resistance Line. Volume is healthy currently.
In the related ideas below I discuss the Total Crypto Market Cap and Bitcoin trendlines, EMA Ribbons and 200 SMA. Please review those as well.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
The chart is self-explanatory. Terra price has been moving up an Arc trend line and has been moving parabolic recently. If the price falls, it may go back down to the 0.382 Fibonacci Retracement area which is in confluence with the major Support and Resistance Line. Volume is healthy currently.
In the related ideas below I discuss the Total Crypto Market Cap and Bitcoin trendlines, EMA Ribbons and 200 SMA. Please review those as well.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
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