Terra's Bear Run

This one has a strange chart, is not the same as the others.

We have a new high this week but the close can be lower than Dec. 2021.

In fact, if the week closes below $93 then we have a close lower than the mid portion of the real body of Dec. 2021 bearish candle.

I don't know if that makes any sense to you but it means that the bulls couldn't really conquer this resistance and any trading below it and the doors are open for a massive drop.

The trading volume has been going lower...

Terra (LUNAUSD) is also going for a bearish run.

This is invalidated on a weekly close above $103 but this is not what we are looking at today...

Namaste.

Transakcja zamknięta: osiągnięto wyznaczony cel:

This one completed its bear run cycle faster than all the others.

Thank you for reading.

Komentarz:

Great timing!