Luna / TetherUSUpdated LUNA movement this week
A bullish bat pattern is forming for LUNA. Moreover, a double-top pattern can also be seen.
In the next hours, LUNA will recover a little bit then go down when hitting $92 (my Trend-based Fib extension 0.5 level).
Once the neckline is broken (again), LUNA will fall to the lower Fib level ($84.5). Here in this level, we may see a 4H candle with a wick of $78.5
In the next hours, LUNA will recover a little bit then go down when hitting $92 (my Trend-based Fib extension 0.5 level).
Once the neckline is broken (again), LUNA will fall to the lower Fib level ($84.5). Here in this level, we may see a 4H candle with a wick of $78.5
Note
Correction of the above text: Lower Fib level is $80.5 (not $84.5). Sorry for this error.
Note
At this moment, LUNA is moving as predicted. Falling after a rise to reach higher Fib level ($92). This rise is linked to BTC’s (and stock) bounce.In the next few days, we will see if LUNA will retest the neckline ($88) or will continue its way down to the lower Fib level ($80.5).
Note
LUNA broke, retested the neckline. Now it's falling to $80.5 and $78.5Trade closed: target reached
LUNA move was (almost) perfect as predicted. It even crossed the target of $78.5 (bottomed at $76.5). LUNA has reversed since. I think that in next days, LUNA can reach $86.Note
LUNA has reached $86 on 03/05.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.