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LUNAUSDT | An Outlook

Disclaimer on,
This is a personal opinion, I am not responsible on your trading results.
Trade with your own risk.
After experiencing a decline of around 19% in the past, $BINANCE:LUNAUSDTPERP has strengthened again after touching the 90 EMA line. From the price movement on the current chart, I have two alternative predictions for the continuation of LUNAUSDT's future movement.
First Alternative (Green Line), LUNA will strengthen from the current price to touch the 94.5xx level then make a minor correction to continue strengthening.
Second Alternative (Red Line), LUNA will weaken to touch the 88.2xx level and strengthen again and form a Rising Wedge pattern, if the lower trend line is broken after strengthening occurs, the target for the decline is at the 84.6xx - 81.3xx level.
This is a personal opinion, I am not responsible on your trading results.
Trade with your own risk.
After experiencing a decline of around 19% in the past, $BINANCE:LUNAUSDTPERP has strengthened again after touching the 90 EMA line. From the price movement on the current chart, I have two alternative predictions for the continuation of LUNAUSDT's future movement.
First Alternative (Green Line), LUNA will strengthen from the current price to touch the 94.5xx level then make a minor correction to continue strengthening.
Second Alternative (Red Line), LUNA will weaken to touch the 88.2xx level and strengthen again and form a Rising Wedge pattern, if the lower trend line is broken after strengthening occurs, the target for the decline is at the 84.6xx - 81.3xx level.
Not
After several time, LUNAUSDT looks running with the Second Alternative Movement, which is forming the Rising Wedge Pattern.What we need now is waiting till the pattern confirmed when the lower trendline is broken.
Not
Lower trend line was broken, then Rising Wedge Pattern Confirmedİşlem kapandı: hedefe ulaştı
The minimal target at level 84.6xx has been achievedİşlem kapandı: hedefe ulaştı
The maximum target at level 81.3xx has been achievedFeragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.