Luna short squeeze playing out. Downward trend has been broken and technicals also remaining bullish.
Entry -> 2.1-2.2
TP 1 -> 4.2
TP 2 -> 5.2
TP 3 -> 6.3
IMPORTANTLY - BTC showing strength and putting 28k in play also supports the MM looking to take liquidity from the late shorts.
Entry -> 2.1-2.2
TP 1 -> 4.2
TP 2 -> 5.2
TP 3 -> 6.3
IMPORTANTLY - BTC showing strength and putting 28k in play also supports the MM looking to take liquidity from the late shorts.
Comment:
trade re-entered $2.05
SL $2
Need price to break and hold above $2.2 within the next 6Hours for bulls to take over.
SL $2
Need price to break and hold above $2.2 within the next 6Hours for bulls to take over.
Comment:
Long trade still open (SL missed)
Looks good for incoming break out - setting initial 40% TP targets scattered between 2.8-3.4 (capital and 20%)
Looks good for incoming break out - setting initial 40% TP targets scattered between 2.8-3.4 (capital and 20%)
Hitting SL will invalidate bullish breakout.