$luna Swing

Feb 24, 2022

- This level needs to hold, and if it doesn't the chart will likely rug!

I'm taking up a long position at 51.75
Targeting
59 for Target 1
69 for Target 2

I'm starting to hate the "B" word right about now.
Not going to declare bottoms.

Feb 24, 2022

Note

A fractal from the recent past.
LUNA was showcased a strikingly similar consolidation after a corrective sell-off.

Red Fibonacci Retracement level is my 61.8
- referred to by the red arrows.

Both the present formation and historical one sold off to their respective 61.8.

In my perspective, this could be a fractal that's significant, and it was worth an entry.

Feb 25, 2022

Note

The Ultra-Bullish Perspective

If my fractal is in play, and LUNA LUNAUSDT is entering a new bull cycle;
Based on the previous bull cycle we can expect price action to look something like this.