A short time later, after breaking out of the triangle, the Terra Luna course was able to confirm the breakout by retesting and thus confirming the former resistance of +/- $98.50 as support. After that, the price has risen to the current all-time high of around $120. Now the course is again at the support of $98.50, which is why an entry into the Terra Luna course could be worthwhile. Once the price hits the support, we expect a fresh increase. This could hold up to $136.50 as that is where the triangle's target is located. The price will most likely not increase all at once, however, the price could climb to $136.50 in a couple of weeks.
The Terra Luna course is still in an ABC sequence and could gradually work through it. Upon reaching the target of the triangle, the first target of the sequence, located at around $146, would be processed. After that, there could be a major correction. The price could then rise to $200 - $245, which is why an investment in Terra Luna could definitely be worthwhile.
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