LUNA reflection
Luna / TetherUS PERPETUAL FUTURES BINANCE:LUNAUSDTPERP
Revolving around a better Short setup, since I missed the perfect entry (leveling my Bard in Lost Ark).
I think LUNA will arc towards 99 and then attempt to break below the Neckline (~94). Even without an arc, this S/R channel is a No-No zone.
With a successful Neckline breach, I’ll be targeting 91 and 86.
Oh, yes, and Double Top , hence the Neckline.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
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