LUNA/USDT (Futures) Long-Term Trend: Bullish
Key Resistance Levels: 97.946, 102.490, 105.000.
Key Support Levels: 92.650, 89.238, 85.745.
Daily Time Frame:
The price on the higher time frame is in a clear upward movement where higher highs and lows has been posted. The market found support around the 89.000 USDT mark after a correction this could lead to a further movement to the upside in the coming hours.
LUNA/USDT (Futures) Medium-Term Trend: Bullish
1-Hr Time Frame:
On the lower time frame, the buyers succeeded to break the bearish trend line to the upside after a double bottom formation. A lower correction could be posted to the support level to bring back liquidity before a new bullish impulsive wave toward the target profits.
Buy Market Order @ 93.419
Target Profit 1 @ 97.946
Target Profit 2 @ 102.490
Stop Loss @ 88.881
Trade Safely 🙂