While most cryptos are trying to rebound the price of LUNA is back in the area of all time highs.
I put a trade on this badboy when it first pulled back to the low 60s while everything already broke down and then again when it hit the potential support at the 53 area prior top.
That level did indeed play out and price has rallied toward the highs
As for my trade, I entered at 64 and then more at 53. It isn't a large position just 20 coins, but it is working out quite nice.
I also had an order in the low 40s to buy thinking it would get down there with the rest of crypto selling off at the time, however that did not play out so I'll ride with what I have.
Now the question is do I take profits on a test of the all time highs or do I hold for new highs. Honestly, I'm not in a rush to close this trade so I will likely hold it for a while, especially given I haven't done any trades in a while and don't have any others on.
