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FieryTrading
Sep 9, 2022 12:55 PM

🔥 LUNA Following LUNC: Bullish Break Out! Long

Luna / TetherUSBinance

Description

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A couple of days ago I made an analysis on LUNA where I shared my expectation that LUNA was likely to follow in LUNC's footsteps and see more bullish price action in the near future.



I expected a nice move, but this 2x has so far exceeded my expectations. Even so, I think that this is just the start of a bigger upcoming trend change.

$6 and $10 are my next near term targets. If LUNA can keep the trend and BTC remains bullish, we can see all targets being hit within the next couple of days.

Both LUNA and LUNC are very volatile at the moment, so adjust your trading strategy accordingly and don't take on too much leverage.
Comments
UnknownUnicorn1555807
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$23 if it hits the same Mcap as lunc (3.5 billion) PAMP IT
jonahmano
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Need to find a trick to catch pump coins like poly and luna instead of holding and going to zero. I'm on it. it's been six months and with tons of indicators and live trading. I have almost caught the thief.
Monkeychops2015
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I missed it, arrrgghh...
Jianto
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Woah the volatility I turned my head away for a while and missed it lol
Liquid_7
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@Jianto I looked at it and didn’t pull at $2 .,, the pain 🥹
Jianto
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@Liquid_7, We all have trading regrets, but there are many more opportunities later on.
UnknownUnicorn15614419
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Nice view
Tolberti
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Thanks for informing!
Solldy
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I agree, this asset may well show similar dynamics in the current market.
AtlasTrades
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good one luna idea ! I agree with all what you wrote
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