LUNA: Low timeframe trading a dead coin on the short timeframe.
Luna / BUSD BINANCE:LUNABUSD
Bought in at ca. 0.0000888 BUSD and sold at 0.0004 BUSD, and just re-entered at 0.0002888 BUSD.
w-pattern forming (which is more apparent viewing on the 5mins timeframe — which TV disallowed publication at that fast timeframe, hence I’m showing this on the 15mins chart).
If LUNA can break above the white line at ca. 0.0004 BUSD and hold, measured move target will be at 0.00058 BUSD, where the previous high was at.
Also note the extreme increment in relative volume after the crash to zero, which was what prompted me to consider trading LUNA.
