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EthanTW
Oct 25, 2021 2:32 AM

LUNAUSDT - Another Flag and Buying opportunities! Long

LUNAUSDT SPOTBybit

Description

BYBIT:LUNAUSDT
1H trend chart
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From previous analysis, we did take TP1 from LUNA.(refer to the link as below)


With the whole market falling, LUNA formed another bull flag.
Now it just broke out the downtrend line, and our trading strategy as below.
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Profit Targets:
a) 45.590----Fib(1)
b) 48.195~49.250---Fib(1.272~1.382)
c) 51.505-----Fib(1.618)

Stop losses:
a) 41.065-----Red horizontal ray
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If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!


Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading
Comments
jmancharts
Still looking good for entry?
EthanTW
@jmancharts, Hi J, I already took entry after confirming breakout!
vater22
how its going now?
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