Terra's Bear Run
Updated
This one has a strange chart, is not the same as the others.
We have a new high this week but the close can be lower than Dec. 2021.
In fact, if the week closes below $93 then we have a close lower than the mid portion of the real body of Dec. 2021 bearish candle.
I don't know if that makes any sense to you but it means that the bulls couldn't really conquer this resistance and any trading below it and the doors are open for a massive drop.
The trading volume has been going lower...
Terra (LUNAUSD) is also going for a bearish run.
This is invalidated on a weekly close above $103 but this is not what we are looking at today...
Namaste.
We have a new high this week but the close can be lower than Dec. 2021.
In fact, if the week closes below $93 then we have a close lower than the mid portion of the real body of Dec. 2021 bearish candle.
I don't know if that makes any sense to you but it means that the bulls couldn't really conquer this resistance and any trading below it and the doors are open for a massive drop.
The trading volume has been going lower...
Terra (LUNAUSD) is also going for a bearish run.
This is invalidated on a weekly close above $103 but this is not what we are looking at today...
Namaste.
Trade closed: target reached
This one completed its bear run cycle faster than all the others.Thank you for reading.
Note
Great timing!
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