February 28, 2026

🔥 LUNA Rally Continued: Rising Wedge

🔥 LUNA Rally Continued: Rising Wedge

🔥 LUNA Rally Continued: Rising Wedge

🔥 LUNA Rally Continued: Rising Wedge

Luna / TetherUS BINANCE:LUNAUSDT
FieryTrading


🔥 LUNA Rally Continued: Rising Wedge

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!

Previous Article

CELR – it already broke out, wait for a retest

Next Article

DOTUSDT 8H

You might be interested in …

Road to 31k

Road to 31k

Road to 31k Bitcoin all time history index INDEX:BTCUSD adnnan90 I think it is necessary to touch the 31k point before we go for a new ATH

JUNE LUNA ANALYSIS

JUNE LUNA ANALYSIS

JUNE LUNA ANALYSIS Luna / TetherUS BINANCE:LUNAUSDT ThorBit_Trader I’M LEGEND -I: Imbalance -SMS: Smart Money Sell -SMS: Smart Money Sell -BoS: Break Of Structure -$$$$$$: Liquidity pool from stops -ULH: Unbroken Lower High -UHL: Unbroken […]