Good Day Friends,
Now! i av been watching Luna Price Actions,
From all indications.. its seems we are experiencing a bit of selling pressure,
looking at the daily time frame, its gives you the general feeling of individuals taking profits after a massive run which is normal in a healthy market.
currently Luna @4.85 critical support, which i dnt feel comfortable with now... if the sentiment remains negative,
we might see price going down to next key support @3.12, But if market sentiment remain positive, we might also see price testing higher higher levels.
Generally, i would prefer to wait or apply DCA with good stop loss in place!
A 4hrs & Daily Close today, will determine price action movement in coming days...
Note: Not a financial advice, kindly do your research and stop jumping into trades blindly
Trade your chart!
If you want to see more of my content, kindly like, comment and follow me...
Now! i av been watching Luna Price Actions,
From all indications.. its seems we are experiencing a bit of selling pressure,
looking at the daily time frame, its gives you the general feeling of individuals taking profits after a massive run which is normal in a healthy market.
currently Luna @4.85 critical support, which i dnt feel comfortable with now... if the sentiment remains negative,
we might see price going down to next key support @3.12, But if market sentiment remain positive, we might also see price testing higher higher levels.
Generally, i would prefer to wait or apply DCA with good stop loss in place!
A 4hrs & Daily Close today, will determine price action movement in coming days...
Note: Not a financial advice, kindly do your research and stop jumping into trades blindly
Trade your chart!
If you want to see more of my content, kindly like, comment and follow me...