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LUNA

Returning to support levels can have a positive reactionLUNA has gained 12% in price in the last 24 hours. LUNA has recently retraced its uptrend on the daily timeframe, and in the latest bullish wave, buyers were able to push the price back above the $1.60 range. Its weekly candle closed with a 52% gain at $2.05, indicating buying pressure. The supports we can consider for it are in the range of $1.80 to $1.85 and the range of $1.60. The return of the price to these levels can have a positive reaction if it is not strong. Therefore, LUNA can achieve its short-term targets in the range of 2.3154 to 2.5036 dollars.
by MonoCoinSignal
9
2022 - The Year in Crypto MarketsHi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 2022 has not been the best year for cryptocurrencies. Infact, many popular news outlets are proclaiming that 2022 was the death of crypto. Or that it could be, atleast. As if a long, dry, crypto winter wasn't bad enough, we watched as the market started to unravel at its seams. The first major shockwave that hit the market, was the collapse of LUNA and stablecoin Terra. (Ofcourse the Federal Reserve's interest rate hikes weren't helping either.) The crypto industry in TOTAL is a highly connected and integrated market. It is therefore no surprise, that when LUNA crashed, many companies had suffered serious losses from which they could not recover. Celsius had roughly 1.7 million customers and more than $10 billion in assets, but the market conditions ultimately led them to bankruptcy. Many people on the Terra platform had taken out loans in the stablecoin and used LUNA as collateral. When LUNA's value began to drop along with the overall market decline, it impaired the collateral for many of the stablecoin loans. Many of the borrowers, in turn, couldn't repay these loans because they had used the stablecoins to purchase other investments that had themselves dropped in value. The interconnections among all of these transactions amounted to a 'death spiral' that dragged down LUNA and TerraUSD simultaneously and had negative effects on many investors' portfolios. Remember that back in March, the year's first major hackers hit the market. Hackers targeted the Ronin network, which supports Axie Infinity blockchain gaming platform, and stole $625 million, making it the largest cryptocurrency theft to date. It didn't stop there. Many other major crypto platforms, such as Binance and FTX, were also hacked in 2022, making it the year with the most hacks and highest amounts stolen up to date. Confidence in crypto markets continued to decline, and then shocking revelations around FTX and sister company Alameda Research came to light in a November CoinDesk article. Binance CEO CZ immediately and publicly expressed concerns around FTX's solvency and ability to sustain its self-issued token, FTT . Traders began to withdraw funds from FTX. The FTT price fell from roughly $26 to $1 in just a few days and FTX paused customer withdrawals. FTT was discovered to be insolvent, having misused customer deposits and funds. FTX filed for bankruptcy protection in late November. The previous bailout of BlockFi was reversed and BlockFi was back into bankruptcy court. Crypto markets crashed, again. It is important to note that the failures we’ve seen this year have NOT been caused by a failure of the underlying blockchain technology. Ethereum underwent a successful upgrade in 2022, transitioning from a proof-of-work blockchain to a proof-of-stake blockchain. The tokenomics of Ethereum have also changed significantly, which many believe will benefit the future of the ETH ecosystem. 2023 may start bleak, considering talks of a recession, cryptocurrency regulations and the fact that many cryptocurrency companies and their founders are facing bankruptcy and even the threat of imprisonment. But, the future of blockchain remains! Crypto will survive, because it is revolutionary and as a wise businessman once said - If you want to be successful, invent something that makes the previous version absolute. 🎁 And remember, from all of us at CryptoCheck 🎁 🎁Happy 🎁 Festive Season ✨ _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Editors' picks
by CryptoCheck-
53
Luna : Trading model XLuna is a coin that can be very risky, At the same time, the increases on this coin happen most times unexpectedly, like the last increase that did increase above 7 USD. This is update is just a model update depending on historical price action, and it shows only a view of price action where the before increase did start. If we follow this model, then it seems that the possibility is that Luna can return to new targets. Same time we are in a bear market where the most of coins are in a breakdown trend, so this is no guarantee that this coin or any market will move. Luna is also a coin that a trader should not hold but only trade with the right risk management. Interesting to see coming time if Luna is able to show some trends depending on this model. Don't expect too much from it at a low time frame, until there is unexpected volume entering . The trend of Luna until now is still breakdown.
Long
by Goldenbreakout
2
TRX Tron the Next LUNA ? Justin Sun is the CEO of TRX, Tron, the 15th biggest cryptocurrency, with a market cap of $4.74 Billion. Justin Sun`s TRX also controls a stablecoin, USDD, that keeps on depegging from the dollar recently. He has also a controlling stake in Singapore-based Huobi, the fourth largest digital asset exchange. Yesterday the amount of withdrawals from Huobi were significant, $60 Million. There are Insolvency Rumors for Huobi. I think TRX will ultimately reach its pandemic low of $0.0072. Looking forward to read your opinion about it.
Short
by TopgOptions
2
LUNAUSDTSubscribe and get a free trading strategy for Bitcoin and other instruments every day! Happy New Year and Merry Christmas my dear friends! As you can see, the Fibonacci grid that I marked on the chart corresponds to specific zones of price trading. The long scenario is possible with a powerful bull run in the crypto market and the growth of the capitalization of altcoins. Also, much depends on the community and investors interested in the project. P.S I do not adhere to a time frame in my analysis of the instrument, a reaction in the instrument may occur earlier or later. It is important to understand the price movement when reacting to the level, as well as the buyer and seller reactions. Well, and a few more secrets, this material is not a trading recommendation )))
Long
by Anton_t_t_t_eng
6
LUNA about to break out💥Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free After initial impulse down and consolidation LUNAUSD is now about to move one way or the other. Price is approaching apexes of the triangles. Yellow the bigger one (zoom out)... ... and orange the smaller one. IF (and only IF) we break down from both of them, I would expect dump to Target1 (1.23) and then to Target2 (1.00). Target2 being the gap open (1st price tick) after re-listing on Binance: On the other hand breakout to the upside could result in sort of pump. What do you think? Check my other stuff in related ideas. Please boost🚀, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Short
by bizmark
32
$BTC short or Longwhich ever comes first and gives me the trigger,. trigger Short- Looking for a run into the previous weeks Monday range and reversal, Confirmation to me will be a swipe of all the liquidity sitting above monday range high and then back into and below the Monday range high.. Trigger long - looking for a breakdown and sweep of the liquidity marked with the Circle back into the Macro range low. Another trade is not marked on the chart that i may take is also, once prce trades back under the 2022 Yearly Open looking for targets into the macro range low also. Plenty of trade ideas in these ranges and excellent opertunity to hone your skills in PA trading. PA is king imo...
by gillman_hugh
1
💥☃️🌲Terra Classic Analyze (12/30/2022)!!!💥☃️🌲☃️💥💐🌲Merry Christmas 💥💐🌲☃️ Did you earn profit from my previous idea about Terra Classic ❗️❓👇 (it moved as I expected✅) Terra Classic was able to break the support zone. We are watching a pullback to the support zone right now. I expect Terra Classic to go down until the heavy support zone. Terra Analyze ( LUNCBUSD) Timeframe 4H⏰ (Log Scale). Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
LShort
by pejman_zwin
9
Terra (LUNA) formed a bullish BAT for upto 17.50% pumpHi friends, hope you are well and welcome to the new trade setup of Terra (LUNA) with US Dollar pair. Our last successful trade of LUNA was as below: Now on a 4-hr time frame, LUNA has formed a bullish BAT move, there is a slight difference in completing the C leg, but a perfect Cypher move has been formed on Kraken exchange as below and the targets are almost same, but as most of the traders are trading on Binance, therefore, I have ignored the slight difference of C leg and shared the targets accordingly. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
1