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LUNAUSD

🌳LUNA shall Decrease Even MoreHello every one LUNA / TETHERUS LUNA Has Been in a Head and Shoulder Pattern.The Price Has Been Able to Break The Pattern Recently and Now We Can come to a Conclusion That The Price is going to Decrease Even More. The Pullback to The Neckline has been accured and Now It Is Expected That It would Reach The Support Level Which is Shown for you on The Chart. (around 45$) 🟡What Is Terra (LUNA)? Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements. Development on Terra began in January 2018, and its mainnet officially launched in April 2019. As of September 2021, it offers stablecoins pegged to the U.S. dollar, South Korean won, Mongolian tugrik and the International Monetary Fund's Special Drawing Rights basket of currencies — and it intends to roll out additional options. Terra's native token, LUNA, is used to stabilize the price of the protocol's stablecoins. LUNA holders are also able to submit and vote on governance proposals, giving it the functionality of a governance token. 🔴This is only an idea and not a financial advise ( NFA )🔴 💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
12
LUNA January Trade Analysis and Current Outlook LUNA Trade Review LUNA had an epic parabolic move the last couple of months. If we took a step back and looked at the weekly or monthly timeframe, any experienced trader would tell you LUNA was overextended. But that doesn't mean it can't go higher in the coming days or hours; what it does mean, though, is to keep your eye on blow-off top or trend reversals on the lower time frames. There were 2 red flags that told us we likely hit a temporary top. 1st Red Flag The first sign that LUNA topped out was when the 4 hours broke bullish to all-time highs and had no follow-through. Usually, when an equilibrium pattern breaks to all-time highs, shorts get stopped out, and bulls buy the break. In other words, we would expect the price to follow through and the volume to increase. However, this didn't happen. The price got rejected immediately and sold off, meaning that there is was no bull interest at that level. Everyone that wanted to buy has already bought. 2nd Red Flag The 2nd red flag was the bounce with low volume developing into a pattern known as an ascending wedge. An ascending wedge is a bearish pattern that often breaks bearish, especially during bear markets. Given the low volume of the bounce and the size of the initial sell-off, we should be keeping an eye on the wedge to break bearish, since that is the most likely outcome. Outlook Laddering in between $70 to $63, expecting a daily bounce to happen sooner than later. I used Bitcoin's daily RSI level to determine entry points since it's clear that LUNA price movements are currently correlated with Bitcoin. The probability of a daily bounce is relatively high because we are still in a bull trend on the weekly, and Bitcoin is presently oversold on the daily timeframe. Though it's impossible to know for sure if have seen the bottom, the size of bounce will be very telling. The last thing we want to see as a bull is a weak bounce or sideways trading in the next few days as Bitcoin's daily RSI cools off because the probability of downward continuation would significantly increase.
Long
by CryptoCentsTA
3
LUNA/USDT - Potential 148% SetupHello Traders! The upward movement that began in July 2021 stopped, after which the development of a corrective movement began. LUNA purchases can be considered near the Fibonacci Retracement levels: 0.618 - $35.50 to $45.00 range for the first part 0.786 - range $22.25 - $26.00 for the second part It is recommended to close the deal using stop-loss if the price goes under the level of $17.00 The profit-taking targets shall be placed in the range of $76,60 - $87,75 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
Long
by UnknownUnicorn10064030
Simple but smartHi guys We are in a reputable channel with many encounters. It is more likely to react to the channel. It can be seen as an oscillation. In addition, it has lost valid support in daily timeframe, so it is not suitable for the long term, but it is suitable for the short term, of course, if the support of the channel floor is not broken. what is your opinion? Do not pay attention to shadows If you have any questions, I will be happy to answer☺️ This analysis (to determine the profit margin) will be updated here 🔄 Look at our past analyzes to trust us If you liked this analysis, like and follow🙏
by UnknownUnicorn33447709
2
LUNA/USD - Luna on the way to $42! Key support broken.Luna had a chance to stay above $54, but it failed. Because of that, it broke below $50 and it is unlikely buyers can turn this boat around, at least not until it reaches $42 where the next key support level is found. Since this most recent drop, the $54 has turned into resistance and the chart is quite bearish. People FOMOed at under $60, but that did not turn out great did it? Luna's pump at the end of 2021 was impressive, but now that bubble is slowly deflating and prices come back to reality. I would not rush into Luna, particularly if this bear market is just starting. If BTC can't hold above $30k, then most alts will bleed even more, so save some cash for that possibility. Bias is bearish on Luna right now. Best to wait on it. Like and follow if you liked my idea!
Short
by duonine
6
LUNA/USDT : $35, The possible support to retest before relief !BINANCE:LUNAUSDT Hello everyone 😃 Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! #LUNA has broke below the daily trendline ( Dynamic support ) Which has formed from November's 2020 ! Now, The data is suggesting a massive dive into lower supports after a proper retest on the broken trendline.. But the main question is when we can buy the local dip for #LUNA. Before that we have to be aware of possible 30% profit into any SHORT's possibility on movement, After that; We have some located BIDs for LUNA on FTX's exchange : The main zone of the BIDs is located on $39 and below which has matched with our current Demand zone. So this could bring up the opportunity to buy below the BIDs and earn up to 360% profit as the 300K LUNA's BID located into the Demand zone... - However I would get to be cautious about BTC's movement around; Any hold below $28750 will confirm the dive into $19900's support line ! Hope you enjoyed the content I created, You can support us with your likes and comments ! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Short
by Helical_Trades
51
LUNA Terra: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Terra (LUNAUSD). The chart is self-explanatory. Terra price has been moving down after forming a Head & Shoulders Pattern and failing the retest. The price is sitting at the multi-month Support and Resistance line. RSI and MFI are around the oversold region so there may be a price move up, but the trend still seems heading down. Included in the chart: Trend line, Support and Resistance Lines, RSI, MFI (Money Flow Index), Head and Shoulders Pattern, Ichimoku Cloud. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
L
by MillionaireEconomics
9
LUNAUSD turning lunaticQuick heads up... LUNA might be turning as the day chart (left) had exceeded the Bollinger Bands 3SD, and this tends to bounce back. Today's candle is done at 0800hrs SGT and it needs to be signaling bullish tones. 56.37 is a support that must hold over the next week. The 4H chart on the right shows a detailed bounce off a support for an interrim double bottom (with a higher low). MACD is indicating a bullish divergence. Breaking above 64.70 and sustaining above this level is a must to be bullish.
LLong
by Auguraltrader