Luna short term bearish
Updated
NFA
After going for higher highs during an incredible amount of time, LUNA has lost its initial strength (see other posts with RSI, MACD and Volume divergencies)
Short-term:
We can clearly see a trendline with a pretty nasty fake-out that in the end couldn't regain the trend level. That is quite a bearish signal after the confirmation. Entering short for a pretty slim but nice profit and reconsidering afterwards.
Entry : 90.5$
SL : 93$
TP : 86.5$
After going for higher highs during an incredible amount of time, LUNA has lost its initial strength (see other posts with RSI, MACD and Volume divergencies)
Short-term:
We can clearly see a trendline with a pretty nasty fake-out that in the end couldn't regain the trend level. That is quite a bearish signal after the confirmation. Entering short for a pretty slim but nice profit and reconsidering afterwards.
Entry : 90.5$
SL : 93$
TP : 86.5$
Trade closed: target reached
Done, as easy as it gets. Target reached, considering leverage was x20, that was a nice +80%
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