Lunashort
LUNAUSDT SHORTLUNA USDT has potentially got a long way to go down.
Daily Head and Shoulders has formed the right shoulder, BTC is also in a decline (my prediction in my last post dictates around $33k) this could drag Luna down with it
My current entry was:
Shorted from: 82.50
Sop Loss: 85.87
TARGET: 61.74
Bring on the bears.
Luna short term bearish trend? or not?1D time-frame and 1W time-frame showing bearish divergence... could it go for a short term bearish trend?
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Divergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction.
Divergence signals tend to be more accurate on the longer time frames. You get fewer false signals. Divergences on shorter time frames will occur more frequently but are less reliable.
READ THIS NOTE!!
Market can do anything specially on crypto, because of Bitcoin, investors often consider Bitcoin as the reserve currency of the cryptocurrency market, similar to the USD in the global stock markets. When bitcoin (BTC), the largest cryptocurrency by market cap, goes up, other digital tokens tend to increase in value as well. When BTC declines, it's likely that other players in the space will drop at the same time.
Luna Are you rdy for short ?👀👀👀First, hello, dear friends, we are back with another analysis.
Let me tell you, friends, about the Luna currency code, with a very simple method, a very good divergence can be seen in the daily / weekly / monthly time.
On the other hand, Luna's currency code has made a very good profit this time.
There is a high price bubble in this currency code, which indicates that there is a downward trend ahead.
Another point is the end of the bitcoin uptrend and wait for the market to fall.
Wyckoff Distribution 1 on LUNA Wyckoff Distribution 1 on LUNA
A few more days of consolidation and time should be up for Luna. Let's see.
#LUNA shortnor long? #lunausdt
just now
LUNA IS soooo undefined what to say, I think with good volume and a lil halt it's going to move with force till 54 but I've seen this pattern and if i would see the next candle as fake volume breakout, i think shorting here till targets of 40 is very prone, understand risk and trade, This pattern is more prone to fall, either can make inside candle and what not, but yes i would short till targets of 40 , won't mind if I'm wrong.
BUT A CASUAL WARNING - Never try to short supernovas
LUNA 1 DAILY ANALYSIS (UPDATE)🟢 LUNA rejected from resistance area and is trying to hold S/R level. If LUNA keeps down moving to see lower prices the safe zone for buying LUNA is 0.618 Fibonacci level. but if the downward trend breaks so we may see more falling patterns. For now, the chart seems bullish.
⚠ This Analysis Will Be Update.
✍ Analyzed by Amirhossein
📆3.5.2022
🟡DYOR