TerraLuna (LUNA) Price is Kicking My A$$
Sometimes we don't always make the best moves when investing and trading. My recent play on LUNA is looking like one of those moments. Not so much because price has collapsed through multiple support levels, but more so not being patient and entering too aggressively before any signs of price turn around.
Don't Catch a Falling Knive
This is essentially what I am doing with LUNA. To be honest when looking at the chart the $40 level is likely the next clear support.
In the video below, I go a few minutes covering the price action and the entries I made, including the last one at what was a confirmation of a head and shoulders pattern....whoops.
LUNA Price Action Currenlty Bearish
Posted Using LeoFinance Beta
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It happens. But think of it this way….. when it hits $500 on the next run you’ll be happy.