CryptoGuru369

LUNA in Rising Wedge Now - Ready to Buy the Dip?

BITFINEX:LUNAUSD   Luna / U.S. Dollar
$LUNA is a decentralized financial infrastructure and blockchain protocol that has it's own native token, stablecoin protocol, oracle system, and smart contracts capabilities! $LUNA, like $SOL, look like they could very well overtake #ETH in the near future. They are faster, more efficient, and more capable than good ol' $ETH1.0 (and potentially ETH2.0).

We can see that $LUNA recently broke out of a triangle formation and price has been rising in a expanding wedge . This formation is more likely to break down than to break out. Right now we can see support holding, but if support is lost here, I'd be looking for a move down to the next support zone .
Comment: Please leave a like! It helps to show some love and motivates me to share more with the community!