Luna appears to be plotting a cup and handle pattern, which you can clearly see on the daily chart. I'm expecting a short-term pullback as it plots handle before launching towards.... yes you guessed it, the moon as it's aptly named after. It's mission... should it choose to accept, is to first target the previous $22 ATH. Could well go further depending on...
I look at the $ LUNA chart and, historically, the analogous period of accumulation is about to end - luna has almost 280% from the current level. is someone following and maybe analyzing what? Does such a comparison with historical data have any sense and any meaning? Anyways, this seems like a good long-term topic with a lot of upside potential.
Entry at : 5.480 TP1 : 7.190 TP2 : 11.112 TP3 : 17.727 STOP-LOSS : 5.113
Luna LONG Swing Trade Ideia
Description : As you can see, it forms a symmetrical triangle. If we see that it breaks the triangle upwards, we expect very good ascents, but if we see that it loses its ascending trend line, the situation will be different.
Daily Time Frame Analysis - Entry - Current Price $17.71 Exit - $18.82 Stop Loss - $15.94 Leverage - 10 x Risk to Reward - 3.86 to 1 We Can see after finding support off the the 0.38% Fib Luna Launched Through the 0.618% Fib, And Reclaiming a daily order block zone. After Retracing and forming a falling wedge on the 4 hour time frame, It has now bullish retested...
💰LUNA - Potential big move soon from bull flag formation. Targets are $8.50 & $10.00 respectively. If you found this idea helpful, please like and follow. Thank You! 👍🏻 ⚠️ NOTE: This is a prediction, not financial advice and not what is going to happen, so please always DYOR. ⚠️