A bullish bat pattern is forming for LUNA. Moreover, a double-top pattern can also be seen.
In the next hours, LUNA will recover a little bit then go down when hitting $92 (my Trend-based Fib extension 0.5 level).
Once the neckline is broken (again), LUNA will fall to the lower Fib level ($84.5). Here in this level, we may see a 4H candle with a wick of $78.5
In the next hours, LUNA will recover a little bit then go down when hitting $92 (my Trend-based Fib extension 0.5 level).
Once the neckline is broken (again), LUNA will fall to the lower Fib level ($84.5). Here in this level, we may see a 4H candle with a wick of $78.5
Comment:
At this moment, LUNA is moving as predicted. Falling after a rise to reach higher Fib level ($92). This rise is linked to BTC’s (and stock) bounce.
In the next few days, we will see if LUNA will retest the neckline ($88) or will continue its way down to the lower Fib level ($80.5).
In the next few days, we will see if LUNA will retest the neckline ($88) or will continue its way down to the lower Fib level ($80.5).
Comment:
LUNA broke, retested the neckline. Now it's falling to $80.5 and $78.5
Trade closed: target reached:
LUNA move was (almost) perfect as predicted. It even crossed the target of $78.5 (bottomed at $76.5). LUNA has reversed since. I think that in next days, LUNA can reach $86.
Comment:
LUNA has reached $86 on 03/05.
Sorry for this error.