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TradingShot
Sep 22, 2023 7:45 AM

LUNCUSD Excellent short-term buy signalΒ Long

Terra ClassicCRYPTO

Description

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Terra Classic (LUNCUSD) just hit the 1D MA50 (blue trend-line) for the first time since July 22. The pattern is a Channel Down going back to early March and every time the price broke above the 1D MA50, it went all the way for the 1D MA100 (green trend-line) to form a new Lower High at the top of the Channel Down.

As a result, we will buy the moment the 1D MA50 breaks and target the 1D MA100 at 0.00007550.

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Comments
SwallowPremium
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After the latest asset movements, this scenario is more appropriate than ever. Keep going champ!
Mihai_Iacob
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Great outlook
Well analyzed
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