LUNA/USDT : Moving into a formed falling wedge !

Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!

has formed a falling wedge which is bullish in majority; But as we all know, The leading bias on market is bearish.
Also is moving above a critical S/R zone and it's important to hold!
That's why the chart comes up with two possible Scenarios...

📈 Bullish Scenario : If breaks above the wedge, Then the terms for bulls will comes up with a bullish continuation; But it need to break above the $92's S/R line for further movement!
- You can locate your Longs on a proper retest of $92's broken line towards $98's resistance zone.

📉 Bearish Scenario : If breaks below the wedge, Then the terms for bears will comes up with a bearish continuation; Also on the Wedge's rejection, We'll face the S/R zone's rejection neither.
- That makes this opportunity for Traders to located their Short on a proper retest of broken points ( Wedge or Zone ).

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Attention: this isn't financial advice we are just trying to help people with their vision.

Have a good day!
Helical_Trades

Trade closed: target reached

Full TP ✅
6% profit booked 🍾

Helical_Trades

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