rodrader

Pullback or Not?

Long
BINANCE:LUNAUSDT   Luna / TetherUS
Price action has recently broken a strong resistance zone which is expected to turn now into a support zone. In case of pullback, expect the price to reject the new support zone and retest also the upward trendline before a new bull run. The price can reach 16$ in case it breaks the 100% level of Fibonacci.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.