CobraVanguard

LUNA has been in a Falling Wedge! now what is gonna Happen?

BINANCE:LUNAUSDT   Luna / TetherUS


LUNA has Formed a Rising wedge Pattern and Recently the Bearish Break out has happened. Normally we Expect the Price to Decrease to the Bottom of Falling wedge pattern. But There is a Hidden Bullish Divergence (+HD) on MACD which makes Us Think that the Price would Start a Bullish Wave From the middle of the Pattern! The chance of Hitting the EMA100 and Is Pretty high So the Price might Start the Bullish Trend From There!

🟡Summery:
-LUNA was in a Rising Wedge
-Break out has happened
-Because of the (+HD) The Price might Start a Bullish Trend From the Middle of the Pattern
-Chance of Hitting The 100EMA and Starting the Bullish Movement is High!


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