LUNA, in what scenarios can you open a position?

4 янв. 2022 г.

LUNA is in the trading range. Now it is dangerous to open trades because it is not known who is stronger sellers or buyers. The best solution is to wait for a clear confirmation to open a position.

The first and best scenario is the return of the price to the upper boundary of the trading range, squeezing and breakout. At the moment of breakout there can be a good opportunity to buy.
The second scenario is the continuation of the fall, the breakout of the lower boundary of the trading range and the collection of liquidity. In the case of a false breakout there also may be a good buying opportunity.

Write in the comments all your questions and instruments analysis of which you want to see.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.