What I see here is a head and shoulders on the 1 hour with a neckline of around $66.
Also when MACD flipped below the ZERO line there was usually a good run (see ✅)
Until the last one (see ❌) where it kind of fizzled (albeit broad market turn down).
I made a buy yesterday around $60.
Going to wait for invalidation of H and S and retest OR buy at support of $56.
Thowing in some hail mary buys for those achor liquidations (still unsure how all that works but seems like retail double dips and gets wiped out causing a cascade)
Note, I'm more of a long term investor and I've been building my Luna position since about $25 (now about 20% of my crypto portfolio)
I'm not perfect- buys in 20s and 30s but also some in the 70s (not a lot)
Also when MACD flipped below the ZERO line there was usually a good run (see ✅)
Until the last one (see ❌) where it kind of fizzled (albeit broad market turn down).
I made a buy yesterday around $60.
Going to wait for invalidation of H and S and retest OR buy at support of $56.
Thowing in some hail mary buys for those achor liquidations (still unsure how all that works but seems like retail double dips and gets wiped out causing a cascade)
Note, I'm more of a long term investor and I've been building my Luna position since about $25 (now about 20% of my crypto portfolio)
I'm not perfect- buys in 20s and 30s but also some in the 70s (not a lot)