LUNA with a Textbook Price Action

Luna / TetherUS BINANCE:LUNAUSDT

Charted_Trades

Luna is showing a textbook price action.
It is having a correction after the first impulse wave and now is testing the major Fib. Levels.

If Bitcoin is stable, the next impulse wave for Luna should reach ~120$.

Luna is also above the SMMA 200 Period.

You might be interested in …

Trading View April 4, 2022

IS BTC forming a Rising Wedge pattern?

IS BTC forming a Rising Wedge pattern? Bitcoin / U.S. dollar BITSTAMP:BTCUSD MJShahsavar It Seems BTC is forming a Rising Wedge pattern. If the formation of this pattern is confirmed, we should expect a breakdown.

Trading View March 29, 2022

BTCUSD Bybit Chart Analysis March 29

BTCUSD Bybit Chart Analysis March 29 BTCUSD Perpetual Contract BYBIT:BTCUSD BitCoinGuide Hello. “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you “follow” press, Only 30 Min chart […]

Trading View March 14, 2022

Bitcoin Still in the Doldrums 🥱

Bitcoin Still in the Doldrums 🥱 Bitcoin / U.S. dollar BITSTAMP:BTCUSD quantguy Bitcoin has been in the doldrums all weekend. It has flatlined around $39.2K, which we have added as a new technical level. We […]