Long

LUNA/USD - Will you buy terra luna or wait for next impulse?

Hello traders and investors,

Today we look at the TerraLuna / USD pair.

I see a decrease in volume and divergence in RSI with a pattern that seems to suggest we are in wave 5.

I use the Fibonacci retracement tool to divide the full impulse on wave 4 (i.e. around $4) I see the possible target completion at $176.

However, as said, volume and RSI seems to suggest an incoming major correction.

What do you think? What's your target?
Elliott WaveFibonacciFibonacci RetracementTechnical Indicators

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