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LUNA

Coinbase: Lawsuits over 'stablecoins'!!Coinbase Short Term - We look to Sell at 79.05 (stop at 97.30 ) The primary trend remains bearish. We are assessed to be in a corrective mode higher. A move higher faces tough resistance and we remain cautious on upside potential. Preferred trade is to sell into rallies. Further downside is expected. Our profit targets will be 30.50 and 25 Resistance: 70.00 / 75.00 / 80.00 Support: 65.00 / 60.00 / 55.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NASDAQ:COINShort
by Vantage
✅⚙BTC: market mechanics! Global and local view!📊Hi friends! Globally, Bitcoin looks very good: it has tested the lower boundary of the channel, closed above the key level, and volumes are up. But why there is no strong pullback, no price reaction? In this idea I will explain what you additionally should expect from the market in the coming week, so that you can open a trade in the direction that is more possible. 📊Weekly. Globally on Bitcoin, we see the test as support of the lower boundary of the channel and even a close below it. But what to expect this week? Pay attention to the volumes - they are lower than they were last May 2021. That means that not enough traders have liquidated and they are not in a bigger panic than they were a year ago. 💹This is negative for the price , because for the market to grow you need to have retail traders scared and sell all their Bitcoins and Altcoins to the big players, and that's not happening. There is no capitulation of the retail trader and investor. 70-80% of people who have been accumulating their positions in the $30-67k range for over 1 year should capitulate (there should be a huge liquidation on volume). This is the first sign of a trend change in the crypto market. If you don't know what a trend is, you can read in detail in this tutorial idea. 📊4 hours. The area of accumulation of long positions is highlighted in green, after which this liquidity became fuel for the 33% drop. Most in a panic closed their positions by market orders, in order to stay at least with some balance. 💹Locally the price is forming a bearish (rising) wedge, which indicates the weakness of the buyer and the fear of the retail investor. There could be a 26% drop to the $24-25k level according to classical technical analysis. Also, about 2 weeks ago I talked about Bitcoin falling in the short term when similarly there was no sign of buyer strength. The price dropped by 35% and a lot of traders took advantage of that ideas. 🚩What would be the additional trigger for this fall? If the SnP500 continues to fall this week, a fall in Bitcoin is extremely likely! There is a very high correlation between the cryptocurrency market and the stock market for the last 2 months. ⚙This is one of the scenarios that can be expected. Also, Bitcoin could repeat the consolidation of the summer of 2021 with liquidity collection and stop-loss takes out. ✅Friends, what are your ideas about the market? Will there be a rise, a fall or maybe a consolidation? Write in the comments! That way we can understand the sentiment of traders on TradingView who actually trade in the market! Press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
BITSTAMP:BTCUSD
by Yuriy_Bishko
7
LUNA/BUSD: Let's Buy an Exclusive Monthly Lottery Subscription We are going to post a controversial idea. We know many have expressed their attitude toward the worthlessness of Terra(LUNA) after its collapse. We will not get into coin’s fundamental reasoning because there are just too many factors to argue for each side. We just want to point to a few simple, logical, and forward-looking reasons on why we are going to purchase this coin. 1.We are planning to buy this coin and forget. This is a passive investment, with an indefinite holding period. We believe that at this price level (A small fraction of a cent), for a coin that used to be above $100, we are willing to “gamble” using a small portion of our fund (1 ~ 2%) for a long-term investment. We do believe that purchase this coin should have more probability of winning than buying a lottery ticket. Consider this investment similar with a scenario where you have purchased a “continuous monthly lottery subcription with only one initial payment”, which gives a great risk-to-reward ratio. 2.Although many have said that the coin will be suspended from trading, a suspended trading does not mean you will lose the coins you have purchased. You can still transfer your coins back to your electronic wallet and keep them permanently. If the price jumps up and volume returns, exchanges will definitely resume their trading operation for this coin. 3.Many worries that Terra(LUNA) could go below 0. However, this is not true. Cryptocurrency cannot go below zero, meaning you will not lose more than your original investment (Of course, given the fact that you are not using a leverage). Although we have seen the unthinkable event where the price of crude oil fell below zero back in April 2020 during the pandemic, this is due to the fact that oil contracts are directly linked to physical asset, and fire-sale of oil contracts near the expiry dates are caused by traders, which are us the speculators, who did not have access to the storage. However, as for coins, we have coin wallets, thus never have to worry for a storage place. Therefore, there is no possibility for the coin to drop below 0, as many are worrying. With that being said, last week, Terra has made a new low at the 0.00003 level. Price has retraced back to the 0.0006 level and recently, it has broken its short-term ascending trend line, aiming to retest the new low of 0.00003 level. From the 0.00003 ~ 0.00005 level, we will purchase this coin with a 1~2 % risk and then forget. Let's hope for a great dream. Check out our recent cryptocurrency trading ideas below :)
LLong
by NicoBeau_Capital
11