LUNA :Will It Experience a New Fall?Recent market analysis, backed by technical analysis (TA), reveals intriguing insights that point to a high probability of a potential breakdown. This analysis depends on the unique view that LUNA, the cryptocurrency, is currently exhibiting.
One burning question on every trader's mind is whether LUNA will experience a new fall, potentially pushing its value below the $0.90 mark.
We will follow the coming time if there will be a breakdown trend on LUNA as the trend is showing at this moment.
LUNA
✴️ Luna Fail Trade, Chart Setup Update + 5 Steps PatternThree things for LUNAUSDT, the trade signal, the chart setup and the 5-step pattern.
I shared a leveraged trade and this one failed but the chart setup remains the same, meaning that the bullish potential is still active/valid.
First, how you approach a trade is completely up to you based on your experience, goals, capital, risk tolerance, trading style, etc. But I always recommend between 1-5% of your capital per trade, normally 3%. (You are also supposed to have a portion that is specifically for lev. on top of your cash and spot reserves)
If you have a $1,000 USD capital and use 3% on one of these trades and the trade fails, that's $30 down and you still have $970 left to continue trading.
If the trade is a success, just that it breaks up, the potential goes immediately to 100%, 200%, 300% and more, we have many of these results.
That's the importance of following the position size because we diversify because we can't win them all. The majority are hit/win/success and thus short, mid and long-term you end up in profits if you do it right.
Now, the chart setup remains valid.
You can have a good trade go bad.
You can make the right decision and still lose.
You can also have a bad trade do good.
You can make a very bad decision and still end up winning.
The goal is to do it right and have a well defined plan, so that you can control your risk and know everything that is happening at all times.
Ok, the chart...
LUNAUSDT hit a low December 2022, this is the same for most of the Altcoins and recently we looked at LINKUSDT and ADAUSDT and the 5-Steps pattern, you can find this in the related ideas below.
We are at number #3 here and #4 is yet to develop, check Cardano for the details.
We have a higher low in March 2023.
As long as LUNAUSDT trades above the 10-March low the bullish potential remains intact. This is a question I received from one of my supporters.
Then the December 2022 low, above this level the potential for a new high remains valid.
Only if these support levels break then the bullish bias is lost.
Traders can hold easily, knowing this.
Margin traders can increase their collateral or do whatever their plan/experience calls for, this is not financial advice only my experience that I am sharing.
If the support breaks, look at the red arrow. That's a miss.
So the numbers can fail but the chart setup that called for these numbers is still valid... Those that makes sense?
I hope it does.
Namaste.
Terra LUNA Price Target after the U.S. CFTC sued BinanceBinance and its CEO, CZ, are being sued in the US by Commodity Market Regulators in a complaint that claims the defendants committed “wilful evasion of US law”.
This comes after the SEC Charged Crypto Entrepreneur Justin Sun and his Companies for Fraud and Other Securities Law Violations last week.
Binance is responsible for 61.8% of the global crypto trading. Its Market Share is Huge!
I assume we are about to witness a major selloff in the crypto industry.
My Terra LUNA Price Targets:
LUNA/USDT short
Entry Range: $1.20 - 1.30
Take Profit 1: $1.05
Take Profit 2: $0.90
Take Profit 3: $0.75
Stop Loss: $1.55
Alt Market on the VergeThe alt coin market is on the verge of a potentially volatile move, with several interesting factors at play. The recent candle close above the 0.5 Fib fan, which has acted as resistance, now appears to be holding as support, signaling that something significant may be stirring
However, the most critical chart to watch right now is the Bitcoin market cap dominance. In the past, whenever the RSI poked outside the 70 zone, it signaled a bottom for the alt coin market. Last week's close put us just past that 70 zone, and it took 91 days for the dominance to come back down to the range. During that time, the alt coin market moved $285 billion and $255 billion dollars. Therefore, a move of $250-300 billion from where we are now could put the market cap at around the 0.382 Fib and under the 0.75 Fib fan.
This is one of many reasons why I believe the top for the market will be in late June 2023. I use Fib time sequences frequently with great success, as we caught the big move down in the market months before it happened last year. We plan to do the same this year.
So, when will this move happen? For me, it's straightforward. Once we break the support on the USDT dominance, we will see the next and possibly final leg of this relief rally. The entire year, we have failed to break this level, which shows very strong support. However, I am confident that a break of this level will signal the start of the next significant wave up for the market.
There is alot of money to be made in the next 90days its going to be a easy x2-5 on most alt coins the move is going to be volatile , greed will come into the market heavily but come late June 2023 it will be over so there is very limited time to take advantage before the next big crash.
✴️ Luna Uptrend Potential (7X Lev | 1,500%+ Potential)This is the pair that i initial shared the trade for.
There are some discrepancies between LUNAUSD between exchanges.
So the one that's above $1.45 USD.
The main target is around $4+ USD.
I will be sharing the numbers later on, we are using 7X.
Leveraged trading is for experienced traders only. There is plenty of risk involved.
Not for beginners.
Namaste.
Terra's Bear RunThis one has a strange chart, is not the same as the others.
We have a new high this week but the close can be lower than Dec. 2021.
In fact, if the week closes below $93 then we have a close lower than the mid portion of the real body of Dec. 2021 bearish candle.
I don't know if that makes any sense to you but it means that the bulls couldn't really conquer this resistance and any trading below it and the doors are open for a massive drop.
The trading volume has been going lower...
Terra (LUNAUSD) is also going for a bearish run.
This is invalidated on a weekly close above $103 but this is not what we are looking at today...
Namaste.
ORAI: $10.0 | a mid term investment Big Data Big Data and Ai is the future that will be eseential by 2030
connecting machines to \facilitate smart contracts etc.
this can be a leader if it plays it very well
similar to LUNA FTM POLYGON ... it just needs the right mix of team to make it in the big cap league
for the few like Google Microsoft TESLA etc are already in place
which i think are on the lookout to acquire partner more.. in addition to CHAiNLiNK and Ethereum
Did you buy the Luna dip?This surely isn't advice, but I'm curious who the other degenerates by my side did?
Humans have done worse things than Luna. Who doesn't like a good comeback story?
LUNAUSDT IdeaLUNAUSDT LUNAUSD BINANCE:LUNAUSDT
#Crypto
#LUNAUSDT
#BUY
Entry Price: $ 1.1435
✅ TP1: $ 1.5400 ✅ TP2: $ 1.6350
✅ SL: $ 1.2850
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
LUNA can Become Bullish Pretty Easily!(Info+ targets)LUNA is in a Falling Wedge Pattern. This means The Bulls Have Higher Chance To Claim The Trend Than Bears! No Break out Has Happened yet and we shall wait for a Break out But It should Happen Pretty Soon Because there is also a Hidden Bullish Divergence On MACD as well! So The Bullish Chance for LUNA Is Pretty High and we Shall see a Bullish Movement Up to 2$ Pretty Quick!
-LUNA is in a Falling wedge Pattern
-No Break out
-(+RD) on MACD & STOCH DIV
-Resistance 2.5$
-Target for now:1.8$ !
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Thank you for seeing idea .
Have a nice day and Good luck
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🌍Thank you for seeing idea .
Have a nice day and Good luck
CULT DAO 4000% MOVEIts been nearly a whole year since CULT was created and it has never been a bad time to stack some CULT.
The parabolic ascend has possibly started and the 4.236 extension sits about 39x from current price.
The first FIb time on CULT has been set ,max momentum March 2023 and top sometime late June 2022.
On the daily time frame we have a perfect symmetrical triangle a breakout sits nicely on the 1.618 Fib.
Check out last CULT DAO TA , caught that 80% pump perfectly and now on to then next swing .
CULT is the infinite machine .
LUNCUSDT potential buy opportunities LUNCUSDT will go towards expected range as shown in the graph. It will give you handsome profit. At Current position LUNCUSDT is not good choice to buy it.
ANCUSD: Volume Spikes into a Bullish Deep Gartley 0.886 PCZWe've had alot of bearish volume come in to attack the PCZ of this Deep Gartley the last few days but yesterday we closed above the 0.886 with more volume than the previous 5 days of declining bearish volume and Bullishly Engulfed the previous day's price action. As a result i will be expecting to see ANC become a bullish outperformer in the near future.
LUNC - Ready for BreakoutLUNC is finally ready for breakout after staying in tight pricing zone for more than a month.
Notably, it made almost 900% gain from its All-Time Low and then entered pullback mode. There it remained dormant for a few weeks.
I am not aware about any specific news that may have caused this attempt for breakout, but technicals tell it is ready. Moreover, the attempts of Luna community to revive this dead token may bring some fruits in future.