LUNA is DEAD. Why that happened? Here are what you should do. LUNA is DEAD. Here are what you should do and the TOP reasons for it.
The supply of Luna rose from 340 million to 6.5 trillion in just a few days.
LUNA
🚀GALA: trandline breakout! Is it possible now?The Gala rebounded nicely after the fall, but after that it made long traders fuel for a 30-40% drop. Now traders in the crypto market are scared and do not understand what reade to open (long or short?). In this idea I will tell my thoughts about Gala, closest targets and preconditions for a possible long.
What can be marked out on the chart?
1. the price rebound of 100% after the fall, caused many traders to buy in. After the last drop to $0.65-0.68 support, most had to sell their GALA.
2. Rising volumes every time the "bottom" was tested. On the volume indicator, you can see the volumes rising every time and the price bounce. A sign that someone may be accumulating a position.
3. 2 unsuccessful tests of the trend line and a return to it. A positive signal, a sign of bullish strength.
What to expect in order to open a long position?
🔶A squeeze under the trend line.
🔶Watch for Bitcoin, which should also look strong.
Another liquidity pickup below the $0.65-0.68 support level is possible. Keep an eye on volumes, which should rise in this case.
Targets for a long:
1. $0.094-0.1
2. $0.11-0.12
💻Press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
LUNC/USDT wavesLooks like we are in a 3 wave pump before trading opens for LUNC on Binance at 9.30 UTC
Expect 0.00013-0.0002 before Binance open trading
Price ended near 0.00013 before Binance closed trading for old LUNA
Not financial advise, I’m a newbie
Expect selloff after Binance opens as airdrop was done
Or
Expect a pump as more exchanges are joining the burn of tokens
Time will tell, safe trading
BTCUSD LONG TO $33,340I am looking for a small correction on BTCUSD before we see a further fall next month. We have completed Wave 3, which seems to now be following with a Wave 4 corrective phase.
Are we going for a All Time High? So we did keep the momentum upwards, and are close to the 0,725 fib retracement. But is the bulls strong enough to get it above the all time high? We need to see a little pullback, and a new swing high.
Break of an downwards trendline. Will it hold?So we did trade sideways from the previous pullback, where we did get a lower high, we still haven't managed to break the ATL.
Will this be a failed breakout, or will it find support on the trendline, and continue upwards to the red box.
I am not so sure about the last dropThe new path for BTC?? I am not so sure we go that low and I would love it if we started to rise from here but if the four year cycle is to continue then we may see these levels in time. This is about levels and may take until 2024 to hit them!!
#hex $hex and the road forward These are the two different I think that are possible for HEX to go from here. I like the direction of green more as long as this was the capitulation.
LUNC USDT KUCOINHope everyone is doing well. This is my first idea on Lunc. There still no clarity on binnace 2 trillion lunc and burning meachanism.
Also aware possible case of enquiry against Do Kwon in near future.
We as #lunatics will fight our way through. Few more days for clarity.
ATL rejected big spike in volume move up. So we did find enough people, so the bears was stronger and got it to the all time low, we still need to see if we can change the trend now, make an lower high, and higher high.
Luna Classic FTWTrading view doesn't have Luna's classic chart working, so disregard the image above, I just needed to publish my prediction.
Since the charts aren't working for luna classic, we are all flying blind. I've managed to scrape together my indicators on the Kucoin chart since it's the only one I can find currently.
Applying RSI, HV, S A R, Ichimoku, EMA 10, 30, 50, & 100, I've come to the conclusion that Luna classic will moon if it reaches 0.000155 by 1:55 AM EST.
Not financial advice.
Doge : Target 0,10 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 looks, then we can expect at last 0,10 as a target.
Little support, and an swing up. Will it continue, let's wait for an pullback.
To see how strong the sellers are, or if it just will range from the top to the bottom.
Luna Classic , from the ashes we rise Anything can happen wil luna classic , its like dogecoin now
The new luna will launch on 28th may (tomorrow)
Fresh new start , goodluck all
NO FINANCIAL ADVICE
✅GMT: will the Axie pattern repeat or GMT is a SCAM?Hi friends!
As we all know the 👟GMT fall close to the $1 key level because of 2 main reasons:
1️⃣ a lot of game tockens were minted. Green Satoshi Token (GST) is a gaming token of Stepn APP:
🔶GST supply on May 21 was 3.58M.
🔶GST supply is 52.9M now .
The supply increased by 1477%, which is a lot and led to a fall in the price of Stepn itself.
2️⃣ China start blocking the Stepn app on July 15. This happen due to the regulation of cryptocurrencies in the country. Naturally, this caused panic among the Chinese, massive sales and collapsed the price of the cryptocurrency by 26%. Recall that the Chinese are the main part of players in the app.
Axie and Stepn have fallen similarly after Bitcoin's fall, but will GMT repeat the AXS pattern of 2021? It would be ideal to wait for a similar trend line and open a long on a breakout. After the 80% drop, when reatail is scared and squeezed under the trend line, it would be possible to open a similar to AXS long.
📊Let's compare this two games:
1. There are actually a lot of people playing in Axie Infinity. There's a developed ecosystem, it's more than a few years old, the game is constantly evolving.
2. GMT looks like a pyramid scheme and it might scam at any time.
Friends, if you want to trade, please use the stop losses, because this is the main thing in trading that allow you to be succesfull for a long long time.
If GMT repeats the AXIE pattern, I will be posting trading setups in new updates and ideas, so stay tuned!
💻Press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
To the LUNAMEXC Global has pledged to carry out a month-long buyback-and-burn to reduce the circulating supply of the old Terra markets.
The fall of Terra shook the entire crypto market. However, the project has no plans to stay down, having secured backing from crypto exchanges to help it rebuild.
In an announcement on Thursday, Terra provided details on an upcoming airdrop of the new native token for its new blockchain dubbed Terra 2.0. The distribution of tokens will proceed on Friday, and holders of Terra Luna Classic (LUNC), TerraUSD Classic (USTC) and Anchor Protocol UST (aUST) who are eligible will receive new tokens
Crypto exchanges Binance and FTX noted that they are working closely with the Terra team regarding the upcoming airdrop. Binance stated that it aims to help affected users on the platform by helping Terra with the recovery plan.
FTX announced that it will support the airdrop and temporarily halt LUNA and UST markets during the migration. The Terra team said that in addition to Binance and FTX, it’s also working closely with more partner exchanges that will support the airdrop.
LUNA short 15 minutesHello everyone, let's take a look at the LUNA to USDT chart on the 15-minute time frame, currently the price after huge drops is above the local uptrend line.
As you know, the TERRA LUNA ecosystem was broken, and the price collapsed with it, so you can still speculate.
Let's move on to determining the Stop Loss that we should take into account in the near future:
SL1 - $ 0.00012646
SL2 - $ 0.00009991
while the targets we see using the Fib Retracement tool are as follows:
T1 - $ 0.00014791
T2 - $ 0.00015863
T3 - $ 0.00016629
T4 - $ 0.00017548
Looking at the CHOP indicator, we can see that we have quite a lot of energy in the 15-minute interval.
📊Are the whales going to PUMP Bitcoin?Hi Friends! Today I`ll show you the closest possible targets for Bitcoin and how the whales manipulations looks like. As you know, if you want to be succesfull in trading you can just copy the guys with really big money. Except the DOM and Footprint that i use to indentify the big limit buy-sell orders, i use techical analysis (TA) and look for manipulations on the chart.
How can the techical analysis help to identify the big player? For this reason we need:
1. Key level. At the chart i mark 2 key levels which looks like channel.
2. Volume indicator. At the volume indicator you can see the traded volume.
Let`s combine this 2 tools. As you can see, the volume grow every time when the price touches upper or lower boundary of the channel. That means someone sell at the top and buy at the bottom. Additionally, the candles with long tails show that someone is pushing the price deliberately. We have seen this in two cases, which are highlighted in red circles. This is definitely market manipulation.
How this cases can help you in trading? You can add this tools to your trading strategy. How to make you personal trading strategy easy i talked about in this educational idea.
For this moment Bitcoin is squeezing under the trendline so you can wait for the breakout. ✅The targets:
1️⃣ $32,000
2️⃣ $33,100
3️⃣ $35,900
Also, you can expect the second scenario which is also possible in case of the market manipulation. Bitcoin is in accumulation for more than 2 weeks and lot`s of traders open their longs. How do you think where are their sl are placed? Of course below the lower boundary of $28,600 and the big player know it.
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
📈BTC.D: money flows into BITCOIN!Hi friends! 📈The Bitcoin dominance is growing as we see on the chart. It always happening when BTC falls by 40-60% from it`s ATH. But why does it happen? Let's get to the bottom of this!
Actually, Dominance shows us where the traders keep their money. If Bitcoin dominance fall that means money flows into ALTs. If Bitcoin dominance grow money from altcoins flow into Bitcoin.
💹🚩But why it happen when Bitcoin fall? It depends on psychology of the BTC and ALTs hodlers and traders. Altcoin traders and holders are mostly retail. What is their main characteristic? The lack of a trading plan, which when Bitcoin is fall by 60% and Altcoins down by 90% forces them to sell all their crypto. Meanwhile, Bitcoin's holders are large funds, global companies, and countries. At times like this, they have an opportunity to buy (liquidity) of $1-2 billion and they are happy to do so. Number of BTC buyers and ALTs sellers are growing. So the dominance is growing too.
🚩As expected, Domination has broken through the trend line and is on its way to the main target - 50%.
✅Stay tuned for updates so you don't miss the moment when altcoins start to rise.
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
