LUNA/USDT (Futures) Long-Term Trend: Bullish
Key Resistance Levels: 98.928, 100.868, 101.000.
Key Support Levels: 96.658, 93.781, 93.000
1-Hr Time Frame:
The price on the higher time frame is in a clear upward movement. The price managed to rebound to the upper side of the support after a deep correction with a big bullish bars showing that the buyers are still in control. Further movement to the upside is expected in the coming hours.
LUNA/USDT (Futures) Medium-Term Trend: Bullish
10-Mins 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 has been posted to the support level to bring back liquidity before a new bullish impulsive wave toward the target profits.
Buy Market Order @ 96.987
Target Profit 1 @ 98.928
Target Profit 2 @ 100.868
Stop Loss @ 95.038
Trade Safely 🙂