MyCryptoParadise_Simon

LUNA/USDT has Broken Descending Channel | What's Next?

Long
BINANCE:LUNAUSDT   Luna / TetherUS
💎Yello, Paradisers! gear up for a captivating opportunity with LUNAUSDT as it gears up for a potential breakthrough beyond its descending channel.

💎Terra has been persistently testing its limits against a descending trendline, often encountering resistance at the supply level.

💎The current momentum is building up, indicating a promising chance for LUNA to surpass the supply threshold and advance towards the next significant supply zone.

💎In the event that LUNA faces challenges in surpassing the supply level, a bullish recovery from the existing demand level seems probable. This bullish perspective is further bolstered by an RSI divergence, which, upon detailed analysis, reveals a bullish trend.

💎On the other hand, if LUNA dips below the demand level, we might witness a substantial bearish movement towards the support level. It's crucial to keep a watchful eye on these critical levels as the market evolves.
Trade closed: target reached:
Nailed it again - #LUNA is up 130.25%, right on cue! After breaking through that line, the pump happened and touched the resistance as predicted.
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