Hi friends, hope you are well and welcome to the new update on Terra (LUNA).

Massive breakout:
On a weekly time frame, Luna has broken out a big rising wedge pattern and now found good support at $78.22. Now while having correction Luna is re-testing this support. This support is also at 0.382 retracement level. I can be another reversal move expected after this re-test.

Up channel:
On a daily time frame, Luna has formed an up channel . The support of this channel is exactly at the support of $78.22. Therefore there is a high probability for a price reversal from here.

You can also support my work at Patreon for more ideas:

https://www.patreon.com/moon333

In order to play and watch the current performance of the chart you need at least a free account on tradingview:

https://www.tradingview.com/gopro/?share_your_love=moon333

KuCoin is one of the best exchange to find crypto gems:

https://www.kucoin.com/ucenter/signup?rcode=rJSDVT3

Link for Binance exchange, to trade crypto:

https://www.binance.com/?ref=11256882 

Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.