Overbought LUNA should be corrected soon - SHORT it!

3. Apr. 2022

Take a look at the chart:

- Are we in the bull market now?
- No.
- Can Luna grow infinitely?
- No.
- Did Luna reach ATH?
- Yes

Is it time for healthy correction even considering this uptrend is going to continue.


The factors I considered:
- Recent ATH must be corrected
- Overbought oscillators (Stoch and RSI on 4H TF)
- Price just touched ascending channel's resistance
- Volume Profile shows levels of interest much lower

5. Apr. 2022

Trade ist aktiv

Luna had dropped down but eventually didn't reach even the 1st TP target. How long can this sh*t grow?

6. Apr. 2022

Order storniert

Seems like LUNA doesn't have plans to move down despite most of the market does.Got tired of trading this sh*t. Closing the trade