Hi guys im here with another episode !
luna is so bulish but price gets closer and closer to supply zone ( $92 )
$92 is fibbo extension 1.272 of last major move . so yea becarefull if you are a buyer
around $92 we can enter a sell position ( looking for high volume red candle around there)
the short and mid term destination of this correction is around $70
its daily chart so its take time for price to move be patient.
anyway luna is very bullish so becarefull with shadow candles that liquid peoples sell positions(dont be greedy and use x1 or x2 leverage), if you are a experienced trader take this kind of trades otherwise you will get emotional and lost your money.
GOD BLESS
luna is so bulish but price gets closer and closer to supply zone ( $92 )
$92 is fibbo extension 1.272 of last major move . so yea becarefull if you are a buyer
around $92 we can enter a sell position ( looking for high volume red candle around there)
the short and mid term destination of this correction is around $70
its daily chart so its take time for price to move be patient.
anyway luna is very bullish so becarefull with shadow candles that liquid peoples sell positions(dont be greedy and use x1 or x2 leverage), if you are a experienced trader take this kind of trades otherwise you will get emotional and lost your money.
GOD BLESS
Comment:
Feel free to ask question or anything
Comment:
in hourly chart 2 red candle with good volume appeared ($94)
Trade active:
we are heading the target , cheers
Comment:
you can take some profit around $82 its act like a support zone! ( at least temporary)
Comment:
you can think about entering again around $96-97
Comment:
15% profit till now, cheers
Comment:
%23 profit you can close your position $71.85
Trade closed: target reached