Trading plan Terra (Luna)
Updated
This plan is made by the consideration that Bitcoin will break down.
Terra (Luna) appears to be in an irregular flat correction within a regular ABC move up.
You have 2 types of Elliott wave analysis. 1 with harmonic waves (abc waves within a large 12345 structure/ or 12345 in a ABC) and 12345 waves within a large 12345 structure.
Terra (Luna) is made with the harmonic analysis
Trade plan:
1) Ladder shorts at the given resistance with the first arrow.
Only place stop losses once Bitcoin / Terra (Luna) starts breaking down. Otherwise you will be stopped out the whole time
This is not financial advice, purely for educational purposes only.
Kind regards,
R
Terra (Luna) appears to be in an irregular flat correction within a regular ABC move up.
You have 2 types of Elliott wave analysis. 1 with harmonic waves (abc waves within a large 12345 structure/ or 12345 in a ABC) and 12345 waves within a large 12345 structure.
Terra (Luna) is made with the harmonic analysis
Trade plan:
1) Ladder shorts at the given resistance with the first arrow.
Only place stop losses once Bitcoin / Terra (Luna) starts breaking down. Otherwise you will be stopped out the whole time
This is not financial advice, purely for educational purposes only.
Kind regards,
R
Note
Terra (Luna) reached our resistance. Shorts can be placed here
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