Small thread on the current $LUNA TA
We have seen a nice retest of an old ATH confluent with a local range that led to a violent upside break
Currently, the price is retesting the old range, with #Col5 just around the corner, which makes it a good place to add to your bags
1/9
We have seen a nice retest of an old ATH confluent with a local range that led to a violent upside break
Currently, the price is retesting the old range, with #Col5 just around the corner, which makes it a good place to add to your bags
1/9
We are also seeing two inside bars already on the Daily TF which adds a nice confluence.
A break to the upside could provide a nice cascading of the price
If you are not sure what inside bars are I recommend re-reading this thread
2/9
A break to the upside could provide a nice cascading of the price
If you are not sure what inside bars are I recommend re-reading this thread
https://twitter.com/jackis_trader/status/1404408020461883395
2/9
There are currently two paths from here.
1) We either go straight up, do a small LTF pullback and continue with the upside before #Col5
2) We fake breakdown, possibly revisit old mid-range, and continue up
In any case, we shouldn't be going below 27$ anymore
3/9
1) We either go straight up, do a small LTF pullback and continue with the upside before #Col5
2) We fake breakdown, possibly revisit old mid-range, and continue up
In any case, we shouldn't be going below 27$ anymore
3/9
If we zoom in more, we can see a nice accumulation chop at HTF support going on in $LUNA
A break above & small retest would make it the last place to add cheaply before #TerraAutumn
Keeping it simple & expecting the price to start trending up again soon
4/9
A break above & small retest would make it the last place to add cheaply before #TerraAutumn
Keeping it simple & expecting the price to start trending up again soon
4/9
Another good reason why probabilities are lined up here for more upside from this LTF range is this nice correlation and price fractal with $AVAX
Very similar structure a move on $LUNA towards 41-42$ makes sense
5/9
Very similar structure a move on $LUNA towards 41-42$ makes sense
5/9
If you wanna read more about $LUNA, $UST, #Col5, $MIR, $ANC I highly recommend re-reading this big thread we made together with @h_bitcoiner
6/9
https://twitter.com/jackis_trader/status/1429839936048574467
6/9
If you wanna know how to stake your $LUNA and maximize the gains of holding it & receive many airdrops in the following months read this one.
7/9
https://twitter.com/jackis_trader/status/1437039045968896003
7/9
Another great thread worth reading to understand $LUNA / $UST even more and why we expect way more upside in the #Terra ecosystem from @NicolasFlamelX
8/9
https://twitter.com/NicolasFlamelX/status/1421939189793316866
8/9
Hope you liked this smaller thread/price update on $LUNA
If you did, please share it with all the #LUNAtics that might be getting nervous ahead of the #Col5 #columbus5 upgrade, and all the others that might be interested in getting into the #Terra ecosystem
Good luck🙌
9/9
If you did, please share it with all the #LUNAtics that might be getting nervous ahead of the #Col5 #columbus5 upgrade, and all the others that might be interested in getting into the #Terra ecosystem
Good luck🙌
9/9
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