Here's a quick look at LUNA 2 hr chart. As we can see, the price has been forming a descending triangle and is currently bouncing from the bottom of the descending triangle! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the descending triangle with good amount of volume .
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The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 40$
2. 41$
3. 43.5$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
The best entry would be, when the price breaks above the descending triangle with good amount of volume .
-------------------------------------------
The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 40$
2. 41$
3. 43.5$
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Comment:
Buy when the price breaks above the descending triangle
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