The late stage Bullish Potential of Luna #1
Luna has been gaining fans in recent weeks, of course not because Luna is such a gorgeous Blond or a brunette with an hourglass body but greed as usual. However, I have taken it upon myself to present a conservative Bullish Potential.
the Minutte wave in Blue between parentheses (i, ii, iii, iv, v) can be extended that instead of (iii) there is room for growth for a subminutte wave -> i instead, without Parentheses (i.e a lower degree wave) a 2nd Tradingview Idea shall short be published to convey the idea (more bullish as it suggests an extra wave degree to be completed).
Minute wave ((4)) in Yellow circle seems to me like an expanding Triangle that ended exactly at 0.382 Fibonacci retracement of Minute wave ((iii)) in Yellow as well.
Minute wave ((v)) seems to be in late stages and maybe in its last wave 5 as well, it does not mean that Luna can not reach 50+
Note that I have used Logariothimc scale to draw the trend channel which its midline has been a resistance so far.
the Minutte wave in Blue between parentheses (i, ii, iii, iv, v) can be extended that instead of (iii) there is room for growth for a subminutte wave -> i instead, without Parentheses (i.e a lower degree wave) a 2nd Tradingview Idea shall short be published to convey the idea (more bullish as it suggests an extra wave degree to be completed).
Minute wave ((4)) in Yellow circle seems to me like an expanding Triangle that ended exactly at 0.382 Fibonacci retracement of Minute wave ((iii)) in Yellow as well.
Minute wave ((v)) seems to be in late stages and maybe in its last wave 5 as well, it does not mean that Luna can not reach 50+
Note that I have used Logariothimc scale to draw the trend channel which its midline has been a resistance so far.
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