LUNA has been outperforming the vast majority of the market over the last couple of weeks. In addition, I think this rally is far from over.
As seen on the chart, LUNA has been following a massive 1-year rising wedge. The upper resistance from said wedge is still another 40-60 percent away. Assuming that the market will stay relatively stable, I think that LUNA will continue rising until the resistance has been hit.
After that, a bearish correction is to be expected. Be aware that we might even rise further, but a lot of investors will be watching this pattern and will place their exit orders around strong resistances.
Happy trading!
As seen on the chart, LUNA has been following a massive 1-year rising wedge. The upper resistance from said wedge is still another 40-60 percent away. Assuming that the market will stay relatively stable, I think that LUNA will continue rising until the resistance has been hit.
After that, a bearish correction is to be expected. Be aware that we might even rise further, but a lot of investors will be watching this pattern and will place their exit orders around strong resistances.
Happy trading!
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.