Recently, I made an analysis on LUNA and the huge reversal that it was seeing.
Both targets have been reached with relative ease, earlier than expected. With the market trading down a little, I'm expecting traders to take some profits off the table.
Most bullish scenario would be a strong bullish move in the coming days. Bearish case would be another drop towards the $25 area.
New targets are the current ATH, $45, and the 1.272 Fibonacci Extension, $50.
Happy trading!
Both targets have been reached with relative ease, earlier than expected. With the market trading down a little, I'm expecting traders to take some profits off the table.
Most bullish scenario would be a strong bullish move in the coming days. Bearish case would be another drop towards the $25 area.
New targets are the current ATH, $45, and the 1.272 Fibonacci Extension, $50.
Happy trading!
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