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After initial impulse down and consolidation LUNAUSD is now about to move one way or the other. Price is approaching apexes of the triangles. Yellow the bigger one (zoom out)... ... and orange the smaller one. IF (and only IF) we break down from both of them, I would expect dump to Target1 (1.23) and then to Target2 (1.00). Target2 being the gap open (1st price tick) after re-listing on Binance:
On the other hand breakout to the upside could result in sort of pump. What do you think?
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Trade closed: target reached
Took longer than expected but here we go. TARGET1 hit 🎯. Next TARGET2 @ 1.0
Note
TARGET1 acting as strong support, it has been tested several times, still hodling, price is consolidating above. Watch out if this support breaks, then move to TARGET2 @ 1.0 likely.
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