Since our previous LUNA plan worked out great, we are now taking partial profits (as noted in our previous chart) to rotate our funds.

We got in at the bottom. I hope some of you followed our ideas and also got profits. It is nearly 28% profit.

Taking profit doesn’t mean we are not bullish anymore on LUNA. We are SUPER bullish for LUNA. Those who knew us since 2021 know that we bought LUNA since $5 and we will keep doing so.
Profit taking is just part of our trading discipline and I think you should practice too.

Now we are updating our chart with some fresh indicator data, especially the fib speed resistance fan.
The overall market and BTC currently want to retrace a little bit back. (I am even expecting a bigger retracement but who knows).
So, it is normal for our favorite LUNA to slowed down a little bit too.

We expect it to come down a little bit to the green rectangle area because it is the 0 level of the fib channel and 0.618 level of the fib fan.
Once it arrives that area, we will check the overall market conditions again.
If it is a proper retrace, we will enter again there and ride along.

Just like our previous trade, we don’t want to open limit orders ahead since we don’t quite like the current state of the market.
Patience is always the key!

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Cheers!