Yellen Cites UST Breakdown While Calling for Stablecoin Rules Treasury Secretary Janet Yellen said the de-pegging of TerraUSD shows the urgency to have a regulatory framework on stablecoins, which aim to minimize the volatile price swings seen in most cryptocurrencies. “A stablecoin known as TerraUSD experienced a run and had declined in value,” Yellen said...
DCA your buy in. If it doesn't fall to 18cents, at least you're part of the trade. Buy in zones - $0.80, $0.60 and finally in the $0.20 region. DYOR. If price falls below 18cents be weary as it is in downwards discovery zone, which is dangerous. A lot more analysis goes into trading, but this is just a quick overview.
Hi Everyone We're finishing of our EPIC Alt Season 2022 series, today we take a look at Luna. I will be doing 2-3 more altcoins, feel free to request alts in the comment section. Be sure you go through our profile to see if we haven't covered that coin already. Note that these analysis' will all be from a macro term perspective (as in gearing up for the bull...
Hi Everyone In this analysis, we take a look at LUNA as well as Bitcoin. I believe the range of this current 3D candle is the range we could be trading in for the next week, or at least until Bitcoin makes a definitive move. If BTC gets rejected at 40K, I expect the price of LUNA to drop back towards the lower side of support around $40-$43. Check out our...
Hello Everyone Update on LUNA - it seems likely that we return to the 70's. Phoenix Ascending points to more downward pressure and there does not seem to be enough buying volume at current support level. Personally I don't think this is low enough for re-accumulation yet however, it might be a good swing if you expect a bounce on support from 72 - 75. This...
Hi There Quick analysis on LUNA - from the technicals, we could still see more upside potential. However, jumping in now would be a typical example of what I always refer to as "trying to catch a moving train". Trade safe and Best Regards Ev