Hello! We seem to be in a slightly descending-channel / triangle shape ▶. I am expecting a break up and out of this formation as long as BTC and ETH don't fall off a cliff 🤸♂️🐻.
I'm thinking if we can gain some support💪 at our yellow🟨↔ line here (~17.155,) that could be a good indicator for the possibility of more bullish run to our approximate targets🐮🏃♂️.
It would be wise to wait for confirmation that we broke UP before entering🆗.
As usual, depicted above, is a bear path for other reference🐻🙂.
SHORT FUNDAMENTAL OVERVIEW: 👀🔍🧐
TerraForm Labs(created by a large blockchain firm) is behind many projects, and they have their own blockchain called TERRA🌒🌙🌚. . They mint stable coins that allow for safer e-commerce through various protocols👌✅.
TERRAs coin LUNA🌚 is on almost every popular blockchain👍, and top investors that stake LUNA earn great rewards💲🤞.
TERRA has also created MIR protocol👏 which is highly advanced protocol that collects prices of stocks and delivers information to various blockchains and fungible tokens (assets🌏.)
I think LUNA is just getting started here, the amount of transactions/ tasks it performs is incredible!!🤯👍
🛑🛑🛑This is not financial advice, always have a stop🤚🛑💲 loss set🛑🛑🛑
It is a good idea to always monitor 🧐👀 BTC and ETHs movement when making any trade
Would love to hear your opinion on TERRA/LUNA😃
Any thoughts 💭🤯, questions 🖐❓🙋♂️🙋♀️, happy😃, sad😥, like👍 or dislike 👎 welcome in comments below!👇😄
Jazerbay ☯
Comment
⋅
6HR timeframe Update
Comment
⋅
thank you for understanding, this update is because we are nearing the end of our second structure.
(4HR timeframe)
Jazerbay 🤍🧡
Comment
⋅
This will be final update on this idea, let's see if it can play out, this is not financial advice thank you ☯💹