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Zerene
Mar 2, 2022 5:25 AM

Terra (LUNA) Sell Zone Short

Luna / TetherUSBinance

Description

Terra (LUNA) Sell Zone
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BIAS
Mid-Term : Neutral
Long-Term : Neutral

Risk : High

On 4 hours timeframe its formed the bearish pattern where it hits the mid-term resistance zone at $97 which shows the possible reversal zone.
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LUNA/USDT SHORT SETUP
Leverage : x3 - x5

Entry Price : 92.25 - 96

TP 1 : 89.25
TP 2 : 86.5
TP 3 : 84.5
TP 4 : 82.2
TP 5 : 79.9
TP 6 : 76.6
TP 7 : 74.7
TP 8 : 72.5

Stop Loss : 103.75

*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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