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Overbought LUNA should be corrected soon - SHORT it!
Take a look at the chart:
- Are we in the bull market now?
- No.
- Can Luna grow infinitely?
- No.
- Did Luna reach ATH?
- Yes
Is it time for healthy correction even considering this uptrend is going to continue.
The factors I considered:
- Recent ATH must be corrected
- Overbought oscillators (Stoch and RSI on 4H TF)
- Price just touched ascending channel's resistance
- Volume Profile shows levels of interest much lower
- Are we in the bull market now?
- No.
- Can Luna grow infinitely?
- No.
- Did Luna reach ATH?
- Yes
Is it time for healthy correction even considering this uptrend is going to continue.
The factors I considered:
- Recent ATH must be corrected
- Overbought oscillators (Stoch and RSI on 4H TF)
- Price just touched ascending channel's resistance
- Volume Profile shows levels of interest much lower
交易進行
Luna had dropped down but eventually didn't reach even the 1st TP target. How long can this sh*t grow?取消訂單
Seems like LUNA doesn't have plans to move down despite most of the market does.Got tired of trading this sh*t. Closing the trade
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免責聲明
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.