Long
LUNA potential re-entry area
I have been looking for potential re-entry area for BINANCE:LUNABTC since I have sold it at 0.0025.
Now, LUNA is at the 0.5 level of fibs extension after getting rejected by 0.618 level of fib speed resistance fan.
I am expecting it to come back to the golden pocket of the fib extension. When it come back down, I will load up my LUNA bag again depending on the market condition at that time.
We still cannot rule out the dump to 0.0018 area tho. Overall, I am still super bullish for LUNA long term.
Now, LUNA is at the 0.5 level of fibs extension after getting rejected by 0.618 level of fib speed resistance fan.
I am expecting it to come back to the golden pocket of the fib extension. When it come back down, I will load up my LUNA bag again depending on the market condition at that time.
We still cannot rule out the dump to 0.0018 area tho. Overall, I am still super bullish for LUNA long term.
Note
Trade executed!Started loading up the bag.
Trade active
As expected, 
LUNA bounced back really hard from our BUY AREA.Trade closed: target reached
50% profit taken.The rest, we will watch and see.
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Disclaimer
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.