FieryTrading

🔥 LUNA Double Bottom: Mid-Term View

BINANCE:LUNAUSDT   Luna / TetherUS
Together with the rest of the crypto market, LUNA is currently seeing a strong reversal from the $25 area.

With the FED statement being perceived as relatively bullish for the markets, it's a matter of time before we see LUNA back at old values.

First target at $35, second at $40. Be aware that the price might see a minor retrace in the coming hours. In case the FED statement will be perceived differently by the market in the coming hours, we might revisit the latest bottom.

Happy trading!

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