Luna (Terra) poised for a quick recovery from current levels

Diupdate
Luna played out the break of the descending channel in its entire height quite accurately. The asset reached the previously established support zone of 7.30-5.40 which formed prior to the bull run and a bounce from there should lead to targets of T1: 10,5 T2: 13.25 T3: 15.779.

Smaller timeframes of 1H and 4H show multiple bullish RSI divergences and MFI levels suggest a U-turn is due.


Trading ditutup: target tercapai
Trend Analysis

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