WLUNA: Going Lunar to the Moon

First off....I am sure many of you are aware that the market has been looking bearish recently with many traders predicting BTC to drop to almost 52 and ETH to drop to around 3500 to 3200. But remember these are only predictions. No one can correctly predict what level something might fall to. Always remember price action, supply and demand zones, repeated pattern breakouts are king. The current market conditions to me are looking like a reversal is coming. Many other Alts having bullish reversal setups, ( Bullish divergence on LUNA, BCH, DASH, LINK, BAND, ADA AND SO MANY MORE!) I think we have reached the bottom of this particular dip. ETH is struggling to go below 4000K, ( a whole number psychological level, a place where many buyers probably have setup limit order), Bitcoin Fear and greed index is also at 33 (twitter.com/Bit...107585008181251?ref_src=tw...) ETH.D is looking to breakout of a massive weekly cup (www.tradingview.com/...nd-Handle-on-Weekly/), are reasons why I believe we will not dip further,. There is a saying in the equities market, be greedy when others are fearful, in my opinion this is that time to be greedy. Its the black friday crypto sale!

WLUNA is at a fantastic reversal setup along with many other alts. It has made a double bottom with a very bullish divergence on MACD and RSI and is at a high demand zone between 44 to 39. Above I have outlined the current market conditions and it is looking like we will reverse soon. But in the case we dont and we continue to slide, my stop loss for this trade is at 39.


Trade safe and remember. The market does not care about you!