LUNA intraday setup
LUNA / TETHER BINGX:LUNAUSDT
BULL SCENARIO
– already have a right hand in MACD in the 1H time frame
– apex of consolidation, .618 fib retracement supporting
– can enter on a bounce play if it shows good volume , exit at trendline resistance
– re enter if it breaks out. TRBO Play with CCC
BEAR SCENARIO
– Next week will be very volatile due to the interest rates announcements
– RSI in 1H time frame not yet over sold, can still go down
– if it breaks the .618 fib level, Sell Short, enter at CCC
STAY DEFENSIVE
