LUNA EXPECTED RETURN 50%NEXT WEEK (AT ITS LONG-TERM FAIR PRICE)
Hello everyone,
this is my 10th recommendation in the altcoin crypto market for this cycle. as I start every post first let me briefly describe what you are seeing on the chart. In white you can see the price of LUNAUSDT , while in black that's the set of technical indicators that I'm using. This set is composed of simple moving averages with the following period lengths (16, 32, 64, 128, 256, 512, 1024, 2048, 4096). the purpose of using this methodology is to analyze both the trend and volatility over the short-term, mid-term, and long-term. it is worth noting that this is a line chart with each data point equal (H + L) / 2 OF 2H candle sticks( to remove the distortions for the purpose of simplification). This chart covers the last 6 months.
Now, let's get to how I got this prediction. basically this setup has two modes; compressed which is the buy zone and, stretched which is the sell zone. the compressed mode is when the price and shorter-term moving averages get closer to the longer-term moving averages, while the stretched mode is when the price and shorter-term moving averages get further away from the longer-term moving averages. now, how do you trade this?, basically, the more compressed it is the more you buy and the more stretched it is the more you sell. This time I'm going to explain my analysis methodology a bit deeper than usual. In this chart, the long term moving averages (2048, 1024, 512) are neither moving away nor closer to each other which means that LUNAUSDT is rising steadily over the long-term and it also has very strong long-term trend, it doubles on average every 21 days (I usually use average logarithmic return to reach this result, however I use different parameters depending on the asset). then, the mid-term moving averages (256, 128), they are getting closer to each other and consolidating around the $18.5 level which means that LUNAUSDT has been stationary around $18.5 over the mid-term. finally, the short-term moving averages (64, 32, 16) are moving away from each other but closer to the longer-term moving averages which means that LUNAUSDT has been falling quickly over the short-term which I believe is because of deleveraging and liquidations. Now, the conclusion is that LUNAUSDT has very strong long-term trend, very low long-term volatility, and currently it's selling for its fair price because of the mid-term stationarity and the short-term sell-off. with that said I expect it to be among the best performing crypto-assets in the next few weeks.
please follow in order to see updates on the idea, and to see my new trading ideas.
please like, and ask any questions in the comments. also If you like my ideas you can support me by sharing them or you can just tip me through my LUNA wallet address bellow:
terra1ncjg4a59x2pgvqy9qjyqprlj8lrwshm0wleht5
also don't forget to add the memo: 101130567
thanks
Mustafa
this is my 10th recommendation in the altcoin crypto market for this cycle. as I start every post first let me briefly describe what you are seeing on the chart. In white you can see the price of LUNAUSDT , while in black that's the set of technical indicators that I'm using. This set is composed of simple moving averages with the following period lengths (16, 32, 64, 128, 256, 512, 1024, 2048, 4096). the purpose of using this methodology is to analyze both the trend and volatility over the short-term, mid-term, and long-term. it is worth noting that this is a line chart with each data point equal (H + L) / 2 OF 2H candle sticks( to remove the distortions for the purpose of simplification). This chart covers the last 6 months.
Now, let's get to how I got this prediction. basically this setup has two modes; compressed which is the buy zone and, stretched which is the sell zone. the compressed mode is when the price and shorter-term moving averages get closer to the longer-term moving averages, while the stretched mode is when the price and shorter-term moving averages get further away from the longer-term moving averages. now, how do you trade this?, basically, the more compressed it is the more you buy and the more stretched it is the more you sell. This time I'm going to explain my analysis methodology a bit deeper than usual. In this chart, the long term moving averages (2048, 1024, 512) are neither moving away nor closer to each other which means that LUNAUSDT is rising steadily over the long-term and it also has very strong long-term trend, it doubles on average every 21 days (I usually use average logarithmic return to reach this result, however I use different parameters depending on the asset). then, the mid-term moving averages (256, 128), they are getting closer to each other and consolidating around the $18.5 level which means that LUNAUSDT has been stationary around $18.5 over the mid-term. finally, the short-term moving averages (64, 32, 16) are moving away from each other but closer to the longer-term moving averages which means that LUNAUSDT has been falling quickly over the short-term which I believe is because of deleveraging and liquidations. Now, the conclusion is that LUNAUSDT has very strong long-term trend, very low long-term volatility, and currently it's selling for its fair price because of the mid-term stationarity and the short-term sell-off. with that said I expect it to be among the best performing crypto-assets in the next few weeks.
please follow in order to see updates on the idea, and to see my new trading ideas.
please like, and ask any questions in the comments. also If you like my ideas you can support me by sharing them or you can just tip me through my LUNA wallet address bellow:
terra1ncjg4a59x2pgvqy9qjyqprlj8lrwshm0wleht5
also don't forget to add the memo: 101130567
thanks
Mustafa
