Luna Panorama Update

2022년 1월 2일

After a quite a nice recovery followed by a change in macro sentiment, Luna is looking brighter than it did a few days ago.

4 important things to consider on the following days in my opinion are:

• The lower trendline
  
• The 95,5$ Resistance
  
• The 90,3$-ish pseudo-resistance
  
• The 87,5$ support
  

Considering those 4 things, this I see are two of the most promising entries I am considering taking:

Short/Long 1:
Where the Lower trendline converges with the little support at 87,5$ we might see our first chance to enter.
If it goes up, we Long and await a minor retracement around 90$, setting a tight SL in case it's a bulltrap
If it goes down, it probably represents the biggest opportunity of all, as the next major resistance is quite far. Again going with a tight SL

Short 2:
If the trend continues going up, perhaps exhaustion will become an issue (quite sure, considering the strength of this trend). Thus, seeing how strong the 95,5$ resistance is, a nice short opportunity might arise (not such a tight SL).

More updates are to be made, although it is becoming quite an explosive environment so PA is becoming wilder and wilder.