BTC looks like it hit a bottom after LFG cleared out its $BTC reserves to defend its stability. The momentum indicator if continues to curl up may produce a bullish momentum div, not yet confirmed. BBWP reading about to top out, no confirmation yet either upon crossover of its MA. EWT corrective target hit ~$30.7k from 1.272 fibs measured from late Jan....
Short term PT for $USTC using fibs and traditional TA.
The collapse of Terra's LUNA and TerraUSD cost investors over $40 billion. Some of them lost their lifetime savings, others lost borrowed money and some even committed suicide. This project made investors lose trust in the crypto space as well. The CEO of Terraform Labs, Do Kwon, is facing criminal charges for building a Ponzi scheme in South Korea, Terra...
LUNC 1 hr chart...the reason for the 1hr time frame is bc there is hardly any data on this new asset... Strong community which is great but lets see what we have here. Stoch RSI is pretty high sitting above 80, so if this can cool off between .00008559 and .00008067 and then make a move up into the first consolidation zone, that would be a nice bullish move....
This is pretty much the same setup at the old LUNA/BTC chart that i had but since the exchanges deleted that pair and launched LUNA2 while the old LUNA pair became LUNC i decided to repost this Gartley for the new LUNA2
Algorithmic stablecoin UST dropped by 92% and there are still different rumors: the network collapsed on its own or was deliberately destroyed to buy back all the Bitcoins from the Terra Foundation. As we know, about 80,000 BTC were used to secure this stabelcoin. Many holders of UST, just stablecoin(!), have lost about $10B. 📊In order to understand how it all...
Since last time we see that most coins enter into a breakdown trend - this is because most of the markets and the main coin are into a breakdown trend. if we look at the trend for today, it seems that there are signals for doge to show some green view. To see this we should follow the coming time frame - there is no guarantee in markets. If doge increase as it...
everyone dreaming that the project will make an instant come back. id imagine after such a dump that a bottom will form (and be retested). ideally we want to see something like this and $0.6 restest where the vpvr sits will be a safe entry (15000% to ATH) sure the possible gains buying here are higher but also the risk is super high as it could just keep dropping.
LUNA/USDT Entry Range: $0.000173 - 0.000185 Take Profit 1: $0.000215 Take Profit 2: $0.000230 Take Profit 3: $0.000272 Stop Loss: $0.000149
Let's first look solely at the TA. Pro Blue Osc is heading up towards the zero line in a V shaped recovery. RSI is in the buy zone and MACD just completed a Bullish cross. People may say this is silly because it has crashed so violently that it's typical to see indicators moving up after this kind of carnage. Remember, TA is TA and if you caught some of this...
Luna looks to have some signals for uptrend and this depends on technical analysis - but is this the right moment to buy Luna before 27th ? This question is very important, and the only answer to this is risk management, even if you buy or not, make sure there is no more loss than it should. We will follow Luna to see if this is the point that can start to make...
My idea on the right move to make with luna has not changed since my last analysis. Price is stucked in a range and isn't going anywhere... So SELL at resistance and BUY at support! EASY MONEY
LUNA/BUSD Daily cautiously bearish. *With 137 million votes to go and 5 days left, the governance proposal to fork Terra into a new chain without UST is at 64% in favor; it just needs to be at 50% or above in 5 days for the network to launch on May 27th.* Recommended ratio: 3% LUNA, 97% cash. Price remains hovering at fractions of a cent as the vote on...
LUNA/BUSD Daily cautiously bearish. *With 17 hours left for the Terra community to vote on whether or not to fork a new chain, 66% remain in favor which all but guarantees that the current chain will become LUNC and the new chain (without UST) will be LUNA on May 26th EST (May 27th SGT). As it currently stands there is still almost no value proposition for...
The most checking LUna - but know that the supply is very high, hoping for high changes it's very hard. There is more chance for increase with UST than luna - this has more things, also if the binance support takes over - UST will be the coin that can show a back trend. My expectation is that we are going to see more changes in UST, than in LUNA, and this has...
With the collapse of UST (TerraUSD) and the depeg of USDT (Tether), the fear level in the cryptocurrency markets is at a high. The total market cap of the cryptocurrency market has more than halved since the peak as market participants rush to exit, preferring fiat over digital dollars. The net outflows have left Bitcoin prices teetering on the edge of no man’s...
see the chart , big price action incoming. My guess is 150-300% up from here. DYOR enjoy !
At support Luna had to already react, make retests and hold the support levels whether in sideways direction or V shape recovery. There are no signs of this. This is the Cryptocurrency's END.