EthanTW

LUNAUSDT - Take entry here?

לונג
BYBIT:LUNAUSDT   LUNAUSDT SPOT
LUNAUSDT
1H trend chart
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LUNA is consolidating as a triangle since hitting ATH 53.275
Now, it just broke out the downtrend line in 1H chart.
If price can be keeping here without long upper shadow line, trading strategy as below.
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Profit Targets:
a) 53.275----ATH(optional)
b) 56.3~57.250----Fib(1.272~1.382)
c) 58.835----Fib(1.5)
d) 64.390----Fib(2)

Stop losses:
a) 50.625-----Red horizontal ray
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