LUNA - doesn't care about the recent market dump
Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems.
Current No. 10 at CMC with 26 Billion M.Cap.
After last accumulation phase LUNA has grown 470% (before first bigger price drop).
Right now LUNA breaking out of the ascending accumulation and retested the upper boundary of the range.
Despite recent market dump LUNA continues its path to new highs.
My take profit targets are unreached fibonacci extensions at 90$ (TP1 - 50% from breakout) and 110$ (TP2 - 75% from breakout).
Given the large valuation of 26 Billion, I don't expect some huge moves here. Swing trade with stop loss under 60$ is my game plan for LUNA.
Current No. 10 at CMC with 26 Billion M.Cap.
After last accumulation phase LUNA has grown 470% (before first bigger price drop).
Right now LUNA breaking out of the ascending accumulation and retested the upper boundary of the range.
Despite recent market dump LUNA continues its path to new highs.
My take profit targets are unreached fibonacci extensions at 90$ (TP1 - 50% from breakout) and 110$ (TP2 - 75% from breakout).
Given the large valuation of 26 Billion, I don't expect some huge moves here. Swing trade with stop loss under 60$ is my game plan for LUNA.
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