Evening Traders,
Today’s analysis – LPUNAUSDT- trading at a key resistance level where a rejection is probable,
Points to consider,
- Price Action Corrective
- POC S/R Resistance
- .618 Fibonacci Resistance
- Local OB Resistance
- Low Volume
LUNAUSDT’s immediate price action is trading at a key resistance level that is in technical confluence with the POC. .618 Fibonacci and the Local OB, allowing for a bearish bias.
The current volume profile is below average, an influx is needed in the next expansion.
Exceeding the current resistance level will lead to a trend continuation.
Overall, in my opinion, LUNAUSDT is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Taking responsibility means acknowledging and accepting, at the deepest part of your identity, that you—not the market—are completely responsible for your success or failure as a trader.”
― Mark Douglas
Today’s analysis – LPUNAUSDT- trading at a key resistance level where a rejection is probable,
Points to consider,
- Price Action Corrective
- POC S/R Resistance
- .618 Fibonacci Resistance
- Local OB Resistance
- Low Volume
LUNAUSDT’s immediate price action is trading at a key resistance level that is in technical confluence with the POC. .618 Fibonacci and the Local OB, allowing for a bearish bias.
The current volume profile is below average, an influx is needed in the next expansion.
Exceeding the current resistance level will lead to a trend continuation.
Overall, in my opinion, LUNAUSDT is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Taking responsibility means acknowledging and accepting, at the deepest part of your identity, that you—not the market—are completely responsible for your success or failure as a trader.”
― Mark Douglas
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.