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...
I place my buy orders between 0.05 - 0.08 Levels. First Target the Resistance Levels at 0.27 - 0.30, where I will take profits.
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...
Divergence in AO and breakout in RSI trendline bring us full huge suitcases of money. :)
Just my thoughts double bottom S Rsi coming up short term but might see some recovery here
I believe it will return towards 1 dollar. Luna will be sacrificed Do your own research before investing. No financial advice given here, just an educational idea
USTUSDT last h4 pinbar show restoring in normal mode till 1.0, sure we need to touch 0.6581
Be aware, there's a reoccurring theme in stablecoins lately, and doesn't seem to be getting better yet. Many crypto/assets are down more about 50% in a few weeks! Now would be a good time to partially close some shorts issued against stablecoins, or if you sold lots of crypto and hold stablecoins which are still lucky enough to be stable: USDT, BUSD, and a few...
this is my idea by fibo ust is break out down chanell and going too fibo levels
Looking for restoring in a long till 0.82 as a first target. Look my previous ideas about this month global short.
It is starting to be apparent that algorithm stable coins are toxic and verging on Ponzi schemes. I was not aware of UST, LUNA's based stable coin, until somebody pointed out to me that it is the reason that Luna is tanking. Although initially Luna was dropping because of weakness in the market, it probably triggered a run on the money for UST and the algorithm...
They call em 'stablecoins' for a reason son. So i went to publish this and it said quote "Gosh that is a short description".... Here is a better description... Red bar down
DAMN... This will be EPIC. Terra, Luna, $UST... SO BAD. Whats next? Let's see! By the way, I sold all my $UST at PEG... I feel so lucky right now. Only interested on buy $LUNA if it keeps dropping hard.
Just a symm triangle with 80% of breaking up possibilities.
Lol we got a nice symmetrical triangle on a stable coin. What a time we are living in. Btw don't trade this coin. Too much risk
Following rules of Elliott wave alternation. We need wave 5 to finish this structure. First a zigzag correction, now a triangle or a flat correction.
do it! plsssss ust depegging from the other stablecoin values has played havoc on the market today praying this repegs or something is figured out market seems to be mirroring this coins price action as a relative value rn
Setup: UST is most likely going to return to peg, seeing that it has a big doji candle and it is also forming higher lows Entry:0.85 TP: 1 SL: 0.69