Luna Classic has already experienced a lot of depression and sideways movement. I think the door is open for the big players… TP: 0.0012-0.0013 That is all.
Conditions in the LUNC market have been stressful for several months. Many traders at LUNC have experienced liquidations in recent weeks. I think this desperation has bottomed out and the big players are on the move. I'm starting to look for a similarity between today (2/24) and the day before the big bullrun (August 21, 2022). As for me, I am strongly bullish.
TP1 is 2550 and TP2 is 2600. After than maybe falling down to 2400 and 2300. Indicator CCI is under 100. Good timing for LONG. I am in long position for now.
The market is bearish. We are looking for a suitable time to sell.
There is a formation where we can expect two scenarios. 2450 is now a very important level. -In the case of upwards we can reach up to 2600. -in the case of downwards we can reach 2300, 2200 to 2150 in succession. My opinion: I personally believe that the price will jump up briefly, but then it will fall to 2200. Reason: A reason: Coronavirus. Europe is...
The number of daily new cases as well as the number of daily deaths from coronavirus in the US is rising sharply. This will probably be the reason for the big stock market slump. Europe is closed and the situation in the US is deteriorating. I expect the stock market to bleed even more.
I believe in the long-term growth of the US500, but the trend is currently bearish. Therefore, I am looking for opportunities for short-term positions for SHORT.