Taking profit on Luna

Luna / TetherUS BINANCE:LUNAUSDT

Serene_Crypto

With BTC and SPY looking bearish and DXY looking strong, it is hard for Luna to break past its ATH . I think the major run up of Luna is an anomaly and as such, I am going to aggressively take profits here even though I believe in Luna for the long term. Survival right now is much more important than making money and the R/R on Luna is not worth it right now.

A potential short set up for Luna is when it breaks down from its range at around $86

You might be interested in …

Trading View March 23, 2022

XRP bullish continuation

XRP bullish continuation XRP / U.S. dollar BITSTAMP:XRPUSD jfrose I’m expecting another bounce off the 20MA on the 4H timeframe to take us above the Fibonacci golden pocket. So far the bounce has occurred twice […]

Trading View May 8, 2022

ETH BOUNCED very soon 😎💯😎💯😎

ETH BOUNCED very soon 😎💯😎💯😎 Ethereum / TetherUS BINANCE:ETHUSDT Th57Trader Hi dear traders As I told in BTC analysis, bearish divergence between price and RSI in USDT DOMINANCE we can see, and ETH can bounced […]

Trading View April 2, 2022

DoDo's Clean Market Structure Break.

DoDo's Clean Market Structure Break. DODO / TetherUS BINANCE:DODOUSDT CViewsTH I saw a really interesting chart from MartyBanks about DoDo, I’ve linked it in the related ideas. So I decided to look back and chart […]