Hi guys im here with another episode !
luna is so bulish but price gets closer and closer to supply zone ( $92 )
$92 is fibbo extension 1.272 of last major move . so yea becarefull if you are a buyer
around $92 we can enter a sell position ( looking for high volume red candle around there)
the short and mid term destination of this correction is around $70
its daily chart so its take time for price to move be patient.
anyway luna is very bullish so becarefull with shadow candles that liquid peoples sell positions(dont be greedy and use x1 or x2 leverage), if you are a experienced trader take this kind of trades otherwise you will get emotional and lost your money.
GOD BLESS
luna is so bulish but price gets closer and closer to supply zone ( $92 )
$92 is fibbo extension 1.272 of last major move . so yea becarefull if you are a buyer
around $92 we can enter a sell position ( looking for high volume red candle around there)
the short and mid term destination of this correction is around $70
its daily chart so its take time for price to move be patient.
anyway luna is very bullish so becarefull with shadow candles that liquid peoples sell positions(dont be greedy and use x1 or x2 leverage), if you are a experienced trader take this kind of trades otherwise you will get emotional and lost your money.
GOD BLESS
Note
Feel free to ask question or anythingNote
in hourly chart 2 red candle with good volume appeared ($94)Trade active
we are heading the target , cheersNote
you can take some profit around $82 its act like a support zone! ( at least temporary)Note
you can think about entering again around $96-97Note
15% profit till now, cheersNote
%23 profit you can close your position $71.85Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.