$LUNA/USDT 45m (Binance Futures) Rising wedge breakdown

This was our personal set-up for Terra after it broke bearish.

Current Price= 21.1899
Sell Entry= 21.4301 - 21.8239
Take Profit= 20.4863 | 19.4075 | 18.5774
Stop Loss= 22.7937

Risk/Reward= 1:1 | 1:1.94 | 1:2.65
Expected Profit= +15.99% |+30.96% | +42.45%
Possible Loss= -15.99%

Fib. Retracement= 0.236 | 0.382 | 0.5
Margin Leverage= 3x
Estimated Gain-time= 4 days

İşlem aktif:

Breaking down, I updated last target lower!

İşlem kapandı: hedefe ulaştı:

TP1 reached with +13.35% (3x)

İşlem kapandı: hedefe ulaştı:

TP2 reached with +30.96% (3x) and last still in play, original TP3 already hit as well

İşlem kapandı: hedefe ulaştı:

Updated TP3 reached with +53.49% (3x) and +3.34R

Now you see why we were so bearish on Terra, a big retracement was due after such bull-run!
Went down -26.27% from 1st entry, now seems to have found local support on 200MA.