After A Small Correction Terra LUNA Is About To Start The Next Rally

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    moon333

    Published on Jan 01, 2022
    About :

    Hi friends, hope you are well and welcome to the new update on Terra (LUNA).

    Massive breakout:
    On a weekly time frame, Luna has broken out a big rising wedge pattern and now found good support at $78.22. Now while having correction Luna is re-testing this support. This support is also at 0.382 retracement level. I can be another reversal move expected after this re-test.

    image.png

    Up channel:
    On a daily time frame, Luna has formed an up channel . The support of this channel is exactly at the support of $78.22. Therefore there is a high probability for a price reversal from here.

    image.png

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    Tags :

    leofinance hodlcommunity hive bitcoin lune terra luna

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