- This level needs to hold, and if it doesn't the chart will likely rug!
I'm taking up a long position at 51.75
Targeting
59 for Target 1
69 for Target 2
I'm starting to hate the "B" word right about now.
Not going to declare bottoms.
I'm taking up a long position at 51.75
Targeting
59 for Target 1
69 for Target 2
I'm starting to hate the "B" word right about now.
Not going to declare bottoms.
Comment:
The Ultra-Bullish Perspective
If my fractal is in play, and $luna $lunausdt is entering a new bull cycle;
Based on the previous bull cycle we can expect price action to look something like this.
If my fractal is in play, and $luna $lunausdt is entering a new bull cycle;
Based on the previous bull cycle we can expect price action to look something like this.
A fractal from the recent past.
$LUNA was showcased a strikingly similar consolidation after a corrective sell-off.
Red Fibonacci Retracement level is my 61.8
- referred to by the red arrows.
Both the present formation and historical one sold off to their respective 61.8.
In my perspective, this could be a fractal that's significant, and it was worth an entry.