just now
LUNA IS soooo undefined what to say, I think with good volume and a lil halt it's going to move with force till 54 but I've seen this pattern and if i would see the next candle as fake volume breakout, i think shorting here till targets of 40 is very prone, understand risk and trade, This pattern is more prone to fall, either can make inside candle and...
Luna was so bullish about a month. Now we can see it forming beautiful rising wedge pattern. We can check 94 - 97 area, after that we might see huge bullish pattern. Also divergence on 1D chart. I am thinking we will see around 60 next month
I took a short earlier today on LUNA and looks good untill now .
Taking profits around $60 area looks possible for the time being .
In addition I moved the SL in profits which makes this trade risk free .
Have a nice weekend !
as i said B4, im bearish at LUNA
and its my scalp trade with Cross x10
my First target will b 0.236 of fib retrecment which is 86.80 $
its something about 200%
ill share the update after hiting the First target
🟢 LUNA rejected from resistance area and is trying to hold S/R level. If LUNA keeps down moving to see lower prices the safe zone for buying LUNA is 0.618 Fibonacci level. but if the downward trend breaks so we may see more falling patterns. For now, the chart seems bullish.
⚠ This Analysis Will Be Update.
✍ Analyzed by Amirhossein
📆3.5.2022
🟡DYOR
Hey traders, today we are monitoring LUNA for a selling opportunity around 95 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
LUNA Technical Analysis.
Daily TF:
Strong bearish divergences, trendline confluences & strong fib levels, strong resistance.
Reclaim of the horizontal trendline or a closure above $89 is an invalidation of this setup, however, in order for this full setup to play out hiding your SL above $94 would be a better deal, 1.14 fib level..
Good R:R but might take days...
Total Market:
- Over extended, weak 4h and 1h close showing bears defending. Looks like we are going to see some chop consolidation, so expecting a short term pull back to downside
Weekly:
- Beneath weekly zone and 20 Ema that has continued to act as resistance, currently testing that area
4H:
- Currently testing 4H resistance zone, price is very over extended...
🟢 LUNA breakout the downward trend and it is close to 0.618 Fibonacci level. Now buy positions must save 75% profit and wait until the resistance break. Use proper stop in all trades.
🟢 This analysis will be updated.
🤵🏻 Analyzed By: AmirHossein
📅 02.23.2022
⚠️ (DYOR)
Hi Traders,
This is the 4 Hour char of LUNA USDT. on the first Rectangle box, it has well played the W Formation.
and gave a first HIT to the 800 EMA (Purple Line) but got Rejected from there.
On the second Rectangle box, it tried to break the 800 EMA (Purple Line) but couldn't go above it . This rejection has ended up making a Double top Formation ( M...
Looking like another opportunity to short here on LUNA 30min. Some nice downside if we break this MA here. If plays out like last time may see bounce first. Also, we need BTC to cooperate.
