Hello traders and investors,
Today we look at the TerraLuna / USD pair.
I see a decrease in volume and divergence in RSI with a pattern that seems to suggest we are in wave 5.
I use the Fibonacci retracement tool to divide the full impulse on wave 4 (i.e. around $4) I see the possible target completion at $176.
However, as said, volume and RSI seems to suggest an incoming major correction.
What do you think? What's your target?
Today we look at the TerraLuna / USD pair.
I see a decrease in volume and divergence in RSI with a pattern that seems to suggest we are in wave 5.
I use the Fibonacci retracement tool to divide the full impulse on wave 4 (i.e. around $4) I see the possible target completion at $176.
However, as said, volume and RSI seems to suggest an incoming major correction.
What do you think? What's your target?