Luna appears to have formed another head and shoulders on the hourly. The measured move would bring us down to .000238 minimum and possibly lower. Technical Indicators are all bearish all the way to the 2 day. The inverse head and shoulders that was formed is probably invalidated by now. It may still play out but its not looking good right now. I expect at...
Luna Classic was looking good yesterday, the run was going strong and then it hit a wall at .000335 or so and its had a hard time getting through that. Keep an eye on the .00029 level I think thats where we are headed now in the next hour or so, if we break that then we head down to about .00026, if we break that then we head down to .00024, if we break that...
Luna is in a current run playing out a measured move of the inverse head and shoulders I showed in the other charts I did. I just noticed that if the support and resistance plays play out like I think then Luna will be forming a much larger inverse head and shoulders on a higher degree of trend. That measured move would bring it to the previous high at minimum. ...
LUNA/USD Bearish Case - Double Top formed and retested at $6.42 (0.236 fib retrace) - Exaggerated Bearish Divergence on the 1hr - Testing to break down of the ascending support line - MACD on the 4hr looks to be turning bearish Target Zone - $4.888 (0.5 fib retrace) - $4.202 (0.618 fib retrace) - $1.99 (full retrace) given it is a double top Bullish Case - Stays...
Luna is in the move to play out the measured move of the inverse head and shoulders. My minimum target is .000345 with an extended target to around .00038. The daily is still just starting its run so at these levels expect small corrections. At the .00038 level if we dont break and close above .000384 then a pull back to .000345 is likely. If we stop at...
Luna classic has completed the right shoulder on the inverse head and shoulders. A break of .0003 and we will see a minimum target of .000345 with possible higher targets of .000375. I think if we manage to find solid support around .00039 then this rally will continue to complete the measured move of the giant falling wedge/flag with a measured move to previous...
A few days ago, we published the idea of Terra Luna 2.0. And the fact that the LUNAUSDT price did not reach $8.5 and immediately fell to the level of $2.5 is a bad signal. We warned about the high volatility and manipulability of this asset. Trading LUNAUSDT with leverage is with possibility 80-90% drop of your deposit to 0. Two possible scenarios in our...
LUNAC LUNA CLASSIC Has bottomed out on this correction and is now priming for another massive spike. My target is still at least previous highs and then probably much higher after that. This move is only about an hour away at most I believe, and a great entry point. This is not financial advice this is just my opinion. Thank you and good luck everyone. 30...
Seeing a larger descending triangle on Luna which is quite bearish. Unless the price can flip the resistance (purple) then the breakout is likely bearish with a price target @ around $1.90
Luna Classic has been respecting with these two resistances (purple, grey) and overcame the first shorter-term (grey) one with a 25% pump. Nows its testing the longer-term resistance, and if we can see a repeat of the same price action (circled) then we could flip bullish and see a large pump towards $0.4
Just a quick update: Luna is pumping right now. Its breaking above the resistance in this massive wedge/flag its has formed. There is bullish divergence on the MACD and the RSI from the 15 minute all the way to the 2 hour, I think nice move up is coming. A measured move of the breakout will bring it to previous highs around .00053. If we fail the breakout of...
Possible triangle formation on LUNA, if respected, then looking for breakouts to either the upside or downside, with bullish price target @ around $4, or bearish price target @ around $2.
LUNA looks like it has completed the head and shoulders patter I spoke about in my last chart and has broken below the neckline of this massive pagoda. This is not good and it can bring Luna down hard to possible lower lows if the drop is extended. I am seeing a correction to at least the .00012 area on a measured move of the cup and handle on the lower degree...
LUNA looks like it has completed the head and shoulders pattern I spoke about in my last chart and has broken below the neckline of this massive pagoda. This is not good and it can bring Luna down hard to possible lower lows if the drop is extended. I am seeing a correction to at least the .00012 area on a measured move of the cup and handle on the lower degree...
I've longed here (spot trade) as i think theres decent R&R and a strong buyer level @ $3.80 that suddenly evaporated. Looking for any relief rally and further tradable patterns
The last fib level @$3.30 before complete retracement. Looking for consolidation and any bullish patterns here otherwise next stop is probably $2.
Terra Luna 2.0 will continue without its algorithmic stablecoin UST and aims to preserve the Terra ecosystem with hundreds of developers working on different decentralized applications. The LUNA token will be airdropped across Luna Classic stakers, holders, residual UST holders and essential Terra Classic app developers. In general, Terra Luna 2.0 is now...
Trading Setup: There is a Trading Signal to Buy in LUNAUSDT Terra Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 4.7793 ⭕️SL @ 3.8964 🔵TP1 @ 10.0 🔵TP2 @ 13.8384 🔵TP3 @ 19.6151 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked our ideas,...