Possible: Luna is a product of manipulation, a blatant money-stePossible: Luna is a product of manipulation, a blatant money-stealing scam of the Scam construction team and Binance exchange
LUNA
TERRA LUNA - Update! Still Waiting On 10x then death drop!Luna has found some solid support between .00016 and .00018 for now. The breakout is still going to happen I believe. Stochastic RSI has a fresh cross up on the bi hourly and on the 12 hour the stoch RSI is coming up with a fresh cross from the bottom and bbwp volatility is expanding on the 12 hour. Just be patient and be ready to get out cause once this run starts it will be quick. Good luck out there. This is not trading advice just my opinion, follow me if you like this content and give me a thumbs up. Thank you
BITCOIN - Road To 100K 🚀 (Elliott Wave Breakdown)It's been a little while since we looked at Bitcoin. Our last analysis we were SHORT on Bitcoin until the 30k level which we've now hit (See linked post)
We are in a Flat Correction which is a 3 wave pattern made up of 3 (A) -3 (B) - 5 (C) waves. It appears we're still within Wave C, which is made up of 5 waves. We are currently on the 5th wave, which is also made up of 5subwaves. We are currently on the 3rd subwave.
We're expecting a brief retracement (subwave 4 of wave 5) and then one final dump to around the 20k level (subwave 5 of wave 5). The invalidation level falls nicely in line with the fib extension for Wave A of the bigger Flat Correction. That level looks to be the best area to look for buys.
Once the 4th subwave is in place, it will be easier to draw a trendline, which we can watch for a breakout to get a nice entry!
Trade idea:
- Watch for the 5th subwave back down to around the 20k level
- Draw a trendline using the points for subwave 2 and 4 (once created)
- Entry on breakout of trendline with stops below 20k
- Targets: 68K, 80K, 100K
What do you guys think? Let us know below.
Goodluck and as always, trade safe!
4HR Double Bottom with Bullish Divergence on a "Stable Coin" We have a Bullish setup here on this failure of a stable coin and while things look fundementally bad for it i still cant ignore the technicals. I come at this chart with the mindset of all the money i put in is basically like throwing cash in a pit of fire but it's a risk i'm willing to take on the off chance that this Double Bottom plays out. My stoploss is non existant here as there is no support; absent of this Double Bottom playing out and pivoting the UST back to near it's target it can only go to 0 and die from here.
BTC : Is this the start point to 32k - Techincal viewDepending on the technical view - this could be the start point for a new increase to 32K.
BTC is at this moment at 29.1 k price action.
A breakdown below 29K for a long-term time frame could mean a new breakdown trend can enter - we are now at a point exactly where changes in price could make, and it's important to follow the coming time.
32K is an expecting target for an uptrend, when BTC confirms the increase from the 29K level - as we said before, we are now exactly at an important point.
The question is now - will BTC show an increasing trend at this important point? technical view shows its possible, but also if we break down this point for the long term we could enter a new breakdown trend.
whales like to play in important price action points, and this is one.
Manage in all time the risk.
Luna to ZEROTechnical indicators are not as important in this case, but Luna broke through the green cloud on the weekly and on the daily is this represented as a red cloud.
From a fundamental point of view is the price of Luna going to reach zero, but this destabilization period on Luna is high dependent on the case of UST gaining or losing its dollar peg.
The UST peg is the root cause of Luna crashing as initial investors saw Luna´s stablecoin UST being pegged to USD as the main stabilizing factor to Luna´s success.
Now when the UST peg has been lost do investor see Luna as a sinking ship, and further would the price of Luna continue to fall. Here do investors rather sell at 30 USDT than 0 USDT.
Before the crash of Luna would the price stabilize itself as investors are not able to trade Luna on Binance do the price stabilize itself until Binance make it possible for investors sell of their recourses in Luna.
When Binance opens Luna to be able to be traded does investors massively sell off and the price keeps getting pushed down. This second sell off is caused by investors disbelief in the product.
The product in itself is the algorithmic stablecoins which keeps its value by burning Luna for UST to keep its peg to USD. Therefore do they need to burn Bitcoin reserves to gain USD to UST which was not possible in the first crash.
This analysis has not taking into account for following: NASDAQ crash, BTC crash, Supply Chain issues and the war in Ukraine.
crazy but *** going for 215 $$$ *** YOU CAN SEE IT AS A BIG WEDEG it is technically possible and they need some token burning and we need to hodle CHART NEVER LIES
they are hoarding LUNA secretly I believe they are secretly picking LUNA in the 1 min chart. Is the the famous "burning" all the Lunatics are dreaming, Binance secretly covering or buying ?
I believe this is up! Be my sub on yt too lol!
(LUNA) Very important levelsHello everyone !
Today H₿ Capital is analyzing LUNA based on a Weekly chart 📈
What we can see :
- Luna is trading below the Kijun / Tenkan weekly
- We can clearly identify a double top on the RSI
- The CHOP index is high, but could go higher
- The slow stochastic is declining and is approaching the bottom area
- Spreads are negative
- Small Sell volume
What we can expect :
Based on these elements, we can see that Luna did not bottom yet. We can expect prices to drop a little bit more to reach our buying area : 42$ to 25$
Keep in mind that there are two strong supports right now :
Support 1 : 0.618
Support 2 : MA50 + lower line of the pitchfork
MAY THE CRYPTO BE WITH YOU GUYS
FEEL FREE TO LEAVE A LIKE AND FOLLOW ⭐ H₿ CAPITAL ⭐
Another Day in Luna LandCan this start something on this low timeframe? Let's see how the price evolves next...
📊ETH: is top 1 altcoin make it? The whales pattern again!Hi friends, today I will explain how to open a trade after a manipulation using the example of Ethereum and identify the closest targets.
🚩A few weeks ago I posted this idea without excluding a downside breakout. Long traders who were buying altcoin in a wedge became the fuel for the fall. After the bull trap, Ethereum fell by 39%. The global wedge did not work according to the rules of classical technical analysis this time and in the cryptocurrency market you need to learn to think outside the box.
What's happening now? Etherium is making a local triangle, which is very likely to break up after a 40% drop, but there has to be a bear trap first.
📊🐻The algorithm of the bear trap (manipulation):
1️⃣ A big player sacrifices some of his capital and pushes the price down.
2️⃣ The triangle breaks down and short traders open their positions to short, and long traders get scared and may close their longs, thus giving their liquidity to the big player.
3️⃣ Price returns to the triangle and then breakout it. Short traders start to buy back Ethereum to close their losing shorts, and long traders start to buy again, because they turned out to be right.
4️⃣ As the price rises, the whale sells off all of its altcoins and the price changes direction.
🐳WHALES ARE IN PROFIT AND RETAILERS ARE IN LOSS! THAT`S HOW IT`S WORK!
✅The key level. I marked the key level of $1,804, where the price can also fall. This is a very attractive level for the whales, under which a lot of traders' stop-losses are located.
In the first and second scenario, pay attention to the volume indicator as shown in the example. They should go up - this means that a big player has bought.
🎯 The targets:
1. $2288-2450
2. $2770-2990
💻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.
📈A POSSIBLE BREAKOUT FOR SHIBA INU📉
$SHIB.X
$BTC.X
$LUNA.X
Hey Fam.. 😉🙏⌛Just wanted to share a chart with you all. I just finished working on.. If you notice everywhere I have a red circle there is a pennant flag continution taking place in the circle which is easier to see on a smaller timeframe.. However the important fact to note is out of all 3 of those breakouts after a long continuation resulted to the upside with signifigant gains.(Percentage are in Blue)Please be prepared I believe we are on the 4th Continuation and should see a decent breakout possibly in the next week or so maybe sooner, 📈⌛📉🎯📊God Bless you all and your trading. Please note this is my Idea .. I am not your financial Advisor😦😬😉🤣🦞🎯📉⌛📈📊🙏
🤯🌟RIP LUNA🌟😱❓I just want to inform you all thats the end of luna but,there is 1%that ouna will go off again because of the people that buying this crypto currency and without them luna was desd like 20 days before
Folow us i give signals for free
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LUNA looking to break out of wedge within a wedgebig move coming here soon, one direction or another.