Short
LUNA might be in the correction flat wave ABC
On daily chart
$BINANCE:LUNAUSD has completed the impulse wave at 106 within golden ratio 1.618 Fib at the fourth wave.
After that, LUNA is pulled back to 44 which level is the wave A. Wave B has been happening around 100.
If price can't surge ATH, LUNA will happen wave C come back to around 55.
Wait and see
$BINANCE:LUNAUSD has completed the impulse wave at 106 within golden ratio 1.618 Fib at the fourth wave.
After that, LUNA is pulled back to 44 which level is the wave A. Wave B has been happening around 100.
If price can't surge ATH, LUNA will happen wave C come back to around 55.
Wait and see
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.