pejman_zwin

Terra Analyze (Short Term/Rising Wedge)!!!

pejman_zwin Updated   
KUCOIN:LUNAUSDT   Terra / Tether
Tera was able to make a Rising Wedge Pattern from 43.2 until 60.5$, also the price lost the lower line of its Rising Wedge 2 days ago.

Terra Analyze ( LUNAUSDT) Timeframe 1h

I have two scenarios for the next movement of Terra.

🔅Scenario 1: Terra was able to pass pullback, and it will go down from 57$.

🔅Scenario 2: Terra is on the pullback, and it will make Inverse Head and Shoulder Pattern.

🔴Resistance Zones🔴 & 🟢Support Zones🟢 that we have in front of Terra.

🔴Resistance zones on Terra's way:

🔴Resistance zone: 58.2$ until 57.5$ (Resistance + Cluster of Fibs)

🔴Heavy Resistance zone: 63.3$ until 60.6$ (Resistance + Cluster of Fibs +Yearly Pivot Point + Monthly Pivot Point )

🟢Support zones on Terra's way:

🟢Support zone: 53.6$ until 53.1$ (Support + Cluster of Fibs)

🟢Heavy Support zone: 48.4$ until 46.8$ (Support + Cluster of Fibs + SMA 200(TF Daily))

Do not forget to put Stop loss for your positions (For every position that you want to open).

Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.

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Comment:

Terra Analyze❗️(Update)❗️👆

Scenario 1 Worked✅

Timeframe 1h⏰
Comment:
Terra Analyze (Road Map)!!!🗺️

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