Is Luna approaching a new rising wedge?
Luna after her first run in September continued towards an uphill path forming a rising wedge which led to an expected negative breakout in mid-November, a fall that bounced back to .61 Fibonacci from the first run.
Now we are facing a Luna that even after its second run does not hint at a retracement, continuing to have new Higher Highs, could we therefore find ourselves facing a new rising wedge?
In the event that the chart continues inside a rising wedge, we can expect a negative breakout between January / February that should bring the price of Luna to the 0.61 Fibonacci area, therefore around $ 55.
Excellent point for a strategic entry.
What could we face if it breaks the current pattern?
Now we are facing a Luna that even after its second run does not hint at a retracement, continuing to have new Higher Highs, could we therefore find ourselves facing a new rising wedge?
In the event that the chart continues inside a rising wedge, we can expect a negative breakout between January / February that should bring the price of Luna to the 0.61 Fibonacci area, therefore around $ 55.
Excellent point for a strategic entry.
What could we face if it breaks the current pattern?
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.