Luna (Terra) poised for a quick recovery from current levels
Updated
Luna played out the break of the descending channel in its entire height quite accurately. The asset reached the previously established support zone of 7.30-5.40 which formed prior to the bull run and a bounce from there should lead to targets of T1: 10,5 T2: 13.25 T3: 15.779.
Smaller timeframes of 1H and 4H show multiple bullish RSI divergences and MFI levels suggest a U-turn is due.
Smaller timeframes of 1H and 4H show multiple bullish RSI divergences and MFI levels suggest a U-turn is due.
Trade closed: target reached
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