LUNA SHORT SQUEEZE INCOMING
Luna short squeeze playing out. Downward trend has been broken and technicals also remaining bullish.
Entry -> 2.1-2.2
TP 1 -> 4.2
TP 2 -> 5.2
TP 3 -> 6.3
IMPORTANTLY - BTC showing strength and putting 28k in play also supports the MM looking to take liquidity from the late shorts.
Entry -> 2.1-2.2
TP 1 -> 4.2
TP 2 -> 5.2
TP 3 -> 6.3
IMPORTANTLY - BTC showing strength and putting 28k in play also supports the MM looking to take liquidity from the late shorts.
Note
SL 2.1Hitting SL will invalidate bullish breakout.
Note
trade re-entered $2.05SL $2
Need price to break and hold above $2.2 within the next 6Hours for bulls to take over.
Note
Long trade still open (SL missed) Looks good for incoming break out - setting initial 40% TP targets scattered between 2.8-3.4 (capital and 20%)
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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.