THIS IS NOT FINANCIAL ADVICE- LUNA IS A HIGH RISK INVESTMENT AND COULD GO TO NOTHING AT ANY TIME.
This is a trade in which i am in and where i plan to take profits. I use Fibonacci's because i have had a lot of success in the past.
Note
Seems like Luna is rebounding on the Fibo 0.382 which would also make it a double bottom. Selloff most likely triggered by AshWSB on twitter encouraging people to take profit. He probably sold and wants to enter at a lower price.
He also posted an UNVERIFIED document saying that Luna foundation allegedly sent over 2 billion of bitcoin to Gemini and Binance.
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