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PolarHusk
Sep 16, 2020 1:07 PM

LUNA/BTC (Testing 200D Dynamic Support) 

Description

KUCOIN: LUNABTC


-Terra coin tested the 200D dynamic support area and we saw a good bounce
-This zone is a confluence of previous support and resistance
-Plus the upward trendline of support coincide in this region
-We can see a Bullish descending channel but unconfirmed
-I recommend buying the breakout or retest of the pattern to reduce the risk
-If the green support line become strong support, stop loss is placed under





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Comments
Stock_Holiday86
Good job looks good for a reversal here imo
tabatabaee364
Short or long term?
tabatabaee364
Thank you / stop 2825 ?
Maineshaheed
Thank you.... good entry
PolarHusk
@Maineshaheed, thanks!
InkyGrip
good view, thanks for sharing 🚀
PolarHusk
@plancton0618, thanks!
KaltoireCapital
Excellent analysis
PolarHusk
@SynergyCapital, thanks alot!
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