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CryptoPlough

LUNA TA - Bullish scenario 4h timeframe

Long
Luna / TetherUS (BINANCE:LUNAUSDT)  
CryptoPlough Updated   
BINANCE:LUNAUSDT   Luna / TetherUS
Trend Analysis Chart Patterns Wedge Technical Analysis Falling Wedge Fibonacci Retracement LUNAUSDT Cryptocurrency crypto cryptotrader
5
2
trendanalysis chartpattern wedgepattern technicalanalysis fallingwedge fibonacciretracement lunausdt cryptocurrency crypto cryptotrader
I decided to take a long here on my Trading setup. Low risk with high risk reward ratio opportunity.

The most reasons for beeing bullish and taking a long:

► double bottom
► bounce from the 0.618 fib level
► bounce from the 200 MA
► we are in a falling wedge → bullish pattern


Trading setup:
Entry: $53.79
SL: $49.3
TP: $75.75

Disclaimer: DYOR. No financial advice. Just for your impression.
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Comment:
Target rechead! Closed 70% of my position. I will open the other 30% in case of ne ATHs
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