With a bullish zig zag to start its macro wave structure, expect Luna to find support near $10.50 in a best case scenario.
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Fib suggests a move to $79 comes before the heavy chopper.
Catatan
Without breaking above $84, its lights out for Litecoin holders.
Catatan
Litecoin bulls attempted to escape the wrath to no avail. The ultimate reversal signal has come.
Catatan
to compare the top formation/signals shown on Luna before it became Luna Classic also known as the Luna-Bomber...
Catatan
Litecoin not primed for the drop just yet.
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if/when this plays out over the weekend, bears will enter capitulatory mode:
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Another potential melt face is upon us. Should buyers not hold support above the red lines, capitulation will come.
Catatan
Bulls are determined to defy the drop, for now...
Catatan
the drop can only be validated with a pump above $130.
Catatan
the diagonal, which could be the final move up, is a bit smaller than expected. of the contracting and expanding diagonal wave types, this falls under the category of a contracting ending diagonal.
Catatan
If W5 isn't longer than W4 in price length, its "buy buy bulls"
Catatan
If W5 isn't longer than W3. Mistyped.
Catatan
Diagonal wave invalidated. Transitioning to a Triangle wave markup. PA should stay between the bottom of A and the top of B until Wave E finishes.
Signals the last wave in a trending move :)
Catatan
Pure bear divergence since early in 2017.
Catatan
The money flow indicator also reveals that sellers have been more active than buyers, since way back in December 2020.
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