Just like the previous SUSHI post, LUNA is on course for a First Wave Extension impulse wave
Target is $97-$121 to complete the third wave, after which a slight retracement to the $54 levels ($38 if volatility is high)
and back up to $150 to complete wave 5.
Expect price to return back to Wave 2 correction in the case of a bear market.
The above statement could result in a larger Wave Degree being formed.
Target is $97-$121 to complete the third wave, after which a slight retracement to the $54 levels ($38 if volatility is high)
and back up to $150 to complete wave 5.
Expect price to return back to Wave 2 correction in the case of a bear market.
The above statement could result in a larger Wave Degree being formed.
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Luna has been updating it's all time high hour after hour since it broke it's previous ath. $100+ might come sonner than anticipated
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LUNA has hit our $100 dollar target creating an ath of $101.50 dollars.Good time to take some profits of the table and reinvest elsewhere or buy lower at a later date. Still room for possible growth tho.
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LUNA has broken its ascending trendline forming a bearish divergence in the process after making new all-time highs. Though a bullish divergence looks to be forming as well, but isn't confirmed. Local support all the way down would be good areas to DCA.
$87
$78-80
$68
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Update to chart & idea!Wave 5 targets are now a take profit zone for when the impulse move for the fifth wave starts, precisely where the horizontal line is drawn. Final Targets could be much higher, possibly a thousand, or close to at least.
Note
Bruh😲
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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.