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Lunausdtshort

LUNAUSDT SHORTMacd line has just passed below the signal line, indicating the presence of a bearish momentum. This crossing is interpreted like a sell signal. RSI and MACD indicators created a bearish divergence with price. This means that probably the price movement could reverse soon. Fibonacci zone is used to provide us support and resistance. In particular we put on the chart an entry price ($30.89) on yellow support line. In conclusion, before opening a short position we need a confirmation. The price should break out the support and then retest it as a resistance. no financial advice
Short
by vf_investment
Luna daily price actionLuna breakout the historical peak. it is now under the resistance of channel midline. Scenario 1: it can be a short consolidation or pullback to the static blue line which belongs to the highest high and then goes for the top line of the channel. Scenario 2: decrease to the bottom line of the channel. For scenario num.1 you can set up an stop order above the midline and for scenario 2 a down trend should be observed in 4h or 1h to enter a short position. Your comment please?
by mohamadreza_alikhani
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