Lovely break out of the wedge for $LUNA, is a retest imenent?
Looking at two possible scenarios for LUNA currently.
1. We continue with the break out and print a bullish 4HR candle tapping &18.00.
2. We fall to the grey box at around $15 and use this a support for the next leg up.
Im currently siding with 1. as we've seen a nice pullback on the 15m time frame and print a bullish engulfing candle, to take out much of the correction already.
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I’m a 23 year old trader with 5 years experience in trading cryptocurrency & forex. My ideas are for educational purposes only. Each & every idea/trade I post is a setup based on a position I myself will take - so I’m always in it with my followers.
I post daily updates on how I believe the market will move. If you like my content please like, comment & follow. I love to hear what you guys think, whether your outlook is the same or different to mine its always great to converse in the comments. Let’s surround ourselves with likeminded traders & investors!
Have a great day, be patient & profitable!
1. We continue with the break out and print a bullish 4HR candle tapping &18.00.
2. We fall to the grey box at around $15 and use this a support for the next leg up.
Im currently siding with 1. as we've seen a nice pullback on the 15m time frame and print a bullish engulfing candle, to take out much of the correction already.
-----
I’m a 23 year old trader with 5 years experience in trading cryptocurrency & forex. My ideas are for educational purposes only. Each & every idea/trade I post is a setup based on a position I myself will take - so I’m always in it with my followers.
I post daily updates on how I believe the market will move. If you like my content please like, comment & follow. I love to hear what you guys think, whether your outlook is the same or different to mine its always great to converse in the comments. Let’s surround ourselves with likeminded traders & investors!
Have a great day, be patient & profitable!
