LUNA/USDT Long-Term Trend: Bullish
Key Resistance Levels: 45.04, 45.50, 46.00.
Key Support Levels: 33.52, 26.78, 26.00.
The price on the higher time frame found support around the 26.78 USDT mark where the coin reversed and moved higher toward the key level. It succeeded also to break the next key resistance level around the 33.52 USDT mark, and it retraced to it. We expect a new impulsive wave now to the previous all time high.
LUNA/USDT Medium-Term Trend: Bullish
On the lower time frame, the pair succeeded to break the bullish flag formation the upside with the help of a double bottom. A lower correction could be seen to the highlighted zone before a new impulsive wave toward the target profit.
Buy Limit Order @ 33.71
TP 1 @ 43.01
TP 2 @ 45.04
Stop Loss @ 30.22
Trade Safely 🙂