LUNA and 2017 LTC ComparisonLUNAUSD has been undergoing a long period of consistent growth, just at a slow rate, this was similar to how price behaved before a massive moon on Litecoin in 2017, in which price went from about 55 to 350 USD in one pump
Price action is very comparable
LUNAUSDT
LUNAUSDT is moving down in the bearish channel
LUNAUSDT Has formed a flag after the rejection from the top of the channel. On higher time frame we can clearly see that LUNAUSDT is in a bearish channel and the last red large candle indicates that the price has the potential to go lower after the breakout. The first target profit will be 77.77
💎 LUNAUSDT
🔵 Entry zone 88.43 - 83.42
🟢 TP1 77.77
🟢 TP2 70.70
🟢 TP3 58.00
🔴 SL 93.50
Good Luck 🎲
LUNAUSDT SHORTLUNA USDT has potentially got a long way to go down.
Daily Head and Shoulders has formed the right shoulder, BTC is also in a decline (my prediction in my last post dictates around $33k) this could drag Luna down with it
My current entry was:
Shorted from: 82.50
Sop Loss: 85.87
TARGET: 61.74
Bring on the bears.
LUNA / USDT : weekly analysishello?
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watch Luna/usdt weekly chart
The uptrend is broken in weekly chart - So a downward trend is likely to begin
Note1 : No temporal analysis was performed So do not pay attention to date and time
Analysis may occur sooner or later
Note : Luna / BTC upward trend in daily chart is also breaking
Short LUNA; continuation to the downside. Here is a full chart of LUNA, where we expect furhter continuation to the downside.
First targets are 73-66, thereafter we see on elliot wave analysis even further downside momentum towards 4x on LUNA land.
We can see that on the bigger timescale the full EW is completed to the upside and closed around the 120$ Mark. We strongly believe that this is the longer term top for Luna, therefore we expect further trend continuation to the downside.
Trading opportunity on LUNAUSDT Based on technical factors there is a short position in :
📊 LUNAUSDT Terra
🔴 Short Now 81.80
🧯 Stop loss 92.20
🏹 Target 1 76.56
🏹 Target 2 70.40
🏹 Target 3 56.30
💸Capital : 1%
We hope it is profitable for you ❤️
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