Luna to $130 or $60?
Terra Perpetual Futures FTX:LUNAPERP
Following on from my LUNA chart using EWP , I’ve drawn a simpler chart with TLs , a Doji and an ascending broadening wedge . The red TLs , Doji & the ascending broadening wedge ( ABW ) suggest the drop to $60 favours the yellow TLs rise to $130+
Furthermore if we look at the RSI on the smaller TFs, 4H, 2H & 1H you can easily see that LUNA is overbought.
