On the price of Terra (LUNA), the Bulls have been trading nicely over the past week with a rise over 50% which will result in the first bullish candle on the week since early May. On the day we see that a breakout on the Falling Wedge has now also reached its price target and a rising wedge now seems to form to probably catch some breath .
A breather as a drop to about $6.5 would be possible in my opinion. A possible further rise in the escape of the rising wedge could also cause surprises. In short, stay sharp and also keep an eye on the movements of BTC.
(Disclaimer: This is not a financial advice)
A breather as a drop to about $6.5 would be possible in my opinion. A possible further rise in the escape of the rising wedge could also cause surprises. In short, stay sharp and also keep an eye on the movements of BTC.
(Disclaimer: This is not a financial advice)
Tims.Technische.Analyse by TIMTIBBO
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.
Tims.Technische.Analyse by TIMTIBBO
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.