FTM is looking to play out a cool diamond reversal pattern - generally a good opportunity on R/R when these play out as you can set your SL very easilly to invalidate the pattern
TPs listed on Orange lines
LETS FIND OUT!
NFA
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Using also FVG for my entries and TP's
Luna continues to trade on a large long term channel of support (see base of trend line) - this coin loves to channel trade as its growth is correlated to UST. As you can see it stays in its fib levels pretty accurately and has a tendency to bound back to them after crashes well. So long as market continues to build will continue to grow, wild card theory is if...
so long as media continues talking on crypto, we stay above 60k using as a strong base, and also the (IMO) google trends of crypto continue to trend upward worldwide this pattern should play out
