Powered by Roundtable
LloydLewis21@bbs profile image
LloydLewis21
Jan 3, 2022

The $LUNA Narrative Is Game Changing And The Data Suggests This Is Holding Up True 📈🙏🏻🆙

  • Aggressive Price Action If The Bounce From The 21 Day MA Is The Most Recent Higher Low?
  • Fib 1.618 Suggests A First Probable Target In the $120 Price Range💥
  • Piercing Pattern On The Daily Chart Above⬆️ Image Below ⬇️Explains Piercing Pattern✅
  • The Golden Pocket Area 🌟Is Around The 0.618 Where A Reversal Has Increased Probability Of Occurring⬆️
  • A Bounce From the 0.382 Fib Area Suggests A More Aggressive Bounce💥⬆️
  • BBWP Has Retracted Once Again On The Daily In the $80-$95 Region. When This Goes To The Upside Next, Another Indication Of Strong Upwards Price Action?💥⬆️

Where Will The Short Term Bull Case Be Invalidated?⬆️

  • A Daily Candle Closure Below $84 Would Indicated Further Downside Price Action❌
  • The Golden Pocket Area Is Around The $70 Price Region 🌟
  • The Golden Pocket Region🌟 Would Also Coincide With The 55 Day MA Where Price Action Often Bounces From As Both Support And Resistance📈✅
  • Apply Elliot Wave Theory📉 To This Downwards Move On The Daily And This Also Supports The Argument Of A Higher Low Being Set At $70

To Conclude:

I Predict Price Action Beyond $120 In The Short Term If Price Has Reversed From The Fib 0.382 (AGGRESSIVE). If That Idea Fails Then It’s A Pretty Quick Trip To $70 And In My Opinion That Is A Worst Case Higher Low If That Scenario Comes To Fruition.”

5