Terra / TetherShort
$LUNA - Time for a Pullback?
We have seen an absolute insane run from 
LUNA which I have created a post of going long around $56.
Since then, it has absolutely skyrocketed to unknown territory.
However, what comes up, must eventually comedown to a certain point.
I believe thatLUNA is far too overextended at this point.
RSI is near all time highs from the last run.
I am looking for a bounce in the $75-$80 level near our previous all time high.
We had previously seen around a 85% run from around $40 to $70 before we had a pullback. We are now around 85% gain from $52 to $98. I believe we will see a pullback soon!
Let me know what you all think!
LUNA which I have created a post of going long around $56.Since then, it has absolutely skyrocketed to unknown territory.
However, what comes up, must eventually comedown to a certain point.
I believe that
LUNA is far too overextended at this point. RSI is near all time highs from the last run.
I am looking for a bounce in the $75-$80 level near our previous all time high.
We had previously seen around a 85% run from around $40 to $70 before we had a pullback. We are now around 85% gain from $52 to $98. I believe we will see a pullback soon!
Let me know what you all think!
Note
For those interested, here was my previous idea on LUNA where I believed that we were due for a run! 
Note
Already down +10% since post!Note
Took sum profits
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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.