Luna / TetherUS
Short
Updated

Luna short setup

228
Crypto market looks like it is ready to nuke weakest coins. Luna has this perfect short setup

We would like to see a bearish retest of previous support at 75-77. I will spread asks in this area

Stop loss is set at 82

This is a swing setup, so targets are at 62 & 54, but we will to compound on the way down

Cheers
Note
Target 1 hit

We might want to compound on 71-73 area on this short setup
Note
No compound, but Target 2 hit. Market is looking bad
Note
Now i feel bad

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.