ThisIsMe21

Luna testing 0.5 Fib. Would wait for BTC to make a move!

BINANCE:LUNAUSDT   Luna / TetherUS
The double Top forming on Luna was a pretty good sign for it to drop.
I closed my longs at @45 and waiting patiently for a new entry.

As you can see I love trading with Fib levels and Luna is going to test the 0.5 Fib (golden pocket) OR the 0.38 Fib if BTC shows new signals.
Those 2 points are marked for further decision making.


If that holds and we get a nice volume, this would be my entry.

Long bullish on Luna.

Would wait for BTC to make a move AND starting losing dominance after that.

Sometimes not trading might be the best trade.


Good luck!

❤🧡💛💚💙💜🤎🖤
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.