Hello Traders!
The upward movement that began in July 2021 stopped, after which the development of a corrective movement began.
LUNA purchases can be considered near the Fibonacci Retracement levels:
0.618 - $35.50 to $45.00 range for the first part
0.786 - range $22.25 - $26.00 for the second part
It is recommended to close the deal using stop-loss if the price goes under the level of $17.00
The profit-taking targets shall be placed in the range of
$76,60 - $87,75
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
The upward movement that began in July 2021 stopped, after which the development of a corrective movement began.
LUNA purchases can be considered near the Fibonacci Retracement levels:
0.618 - $35.50 to $45.00 range for the first part
0.786 - range $22.25 - $26.00 for the second part
It is recommended to close the deal using stop-loss if the price goes under the level of $17.00
The profit-taking targets shall be placed in the range of
$76,60 - $87,75
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice