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LUNA to 30s ???

114
After completing Head and Shoulder pattern, LUNA is making a bear pennant below the neckline. The target of pennant is in 30s. LUNA seems like going to face another wild ride.snapshot
Trade active
Just opened my position at 63 as I see first breach of the pennant. I am not going all in at this point. If LUNA tries to breath a bit before the conclusion, I might DCA at some higher levels like 68-72. Fingers Crossed.
Trade active
I added few more LUNA to my bag at 65. Eyes on 68 now.
Trade closed manually
Took profit at 50 for the time being. While nearing the descending channel, I am seeing a bullish divergence in 4h. So expecting a healthy pull back before the final target of Head and Shoulders.
Check Out:
LUNA to 70s before the greatest fall ???
Trading_Pepe
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FlagHead and ShouldersLUNALUNAUSDTPennant
Trading_Pepe

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.