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TerraLuna (LUNA) Price Just Put in a Bullish U-Turn on Daily Chart
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@scaredycatguide
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With the cryoto sell off everyone is looking for indicators of a bounce or turn around.
First one I have seen is on LUNA. This isn't to say that price is bullish, but it did give an entry setup for a trade to the long side.
It is called a bullish u-turn pattern and as of today's candle close that is what LUNA produced. I used it to add to an existing trade that I'm working around and near break-even thanks to this bounce.
The video below breaks it down..
LUNA Bullish U-Turn
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