Luna Next Moves...Good Day Friends,
Now! i av been watching Luna Price Actions,
From all indications.. its seems we are experiencing a bit of selling pressure,
looking at the daily time frame, its gives you the general feeling of individuals taking profits after a massive run which is normal in a healthy market.
currently Luna @4.85 critical support, which i dnt feel comfortable with now... if the sentiment remains negative,
we might see price going down to next key support @3.12, But if market sentiment remain positive, we might also see price testing higher higher levels.
Generally, i would prefer to wait or apply DCA with good stop loss in place!
A 4hrs & Daily Close today, will determine price action movement in coming days...
Note: Not a financial advice, kindly do your research and stop jumping into trades blindly
Trade your chart!
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LUNAUSDT trade ideas
LUNA 2.0 | What to expect from Ethereum Merge announcement?Hi. This week every cryptomillioner and cryptoholders are looking for the Merge that is expected to get started a new rally. From this point, I would like to give my views on LUNA 2.0 further. After x3 in 24 hours reaching almost $8 it retraced to the first support zone ($4.6-$4.8). According to slow bear movement we are going to see another rise from that zone.
Good luck in trades, buddy.
Luna/USDT What to watch for: H4 CloseThis video is pretty much:
Going over how I do not like that BTC did not come back to support on Saturday.
Luna is near its strongest (relative to location) timeframe average. Which is the 4HR. Currently this is it 5.6088.
Long story short: We do not want to end, not just under the 4HR 200 smma, but also close to it while being under. If we end too far, the price could easily come back to test that rejection and could easily pass back through. An end closer to the line would be stronger from the perspective of having a good spot for people to enter shorts with minimal losses. Pretty straight forward. I go into more specifics in the video.
Anyway, its an 18 minute video and may be worth the watch. The first 5 minutes are worth it anyway.
LUNAUSD - Targets and Stoploss Hello everyone, let's take a look at the 4H LUNA vs USD chart as you can see the price is moving in the local downtrend channel.
Let's start by setting goals for the near future that we can consider:
T1 = $ 6.04
T2 = $ 6.54
T3 = $ 6.92
T4 = $ 7.24
and
T5 = $ 7.81
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 5.46
SL2 = $ 5.18
SL3 = $ 5.01
and
T5 = $ 7.81
Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy for the next move, while the MACD indicator shows a local downward trend.
Trading opportunity for LUNAUSDT LunaBased on technical factors there is a Long position in :
📊 LUNAUSDT Luna
🔵 Long Now 6.48
🧯 Stop loss 3.90
🏹 Target 1 9.90
🏹 Target 2 15.00
🏹 Target 3 19.90
💸Capital : 1%
We hope it is profitable for you ❤️
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