LUNABUSD
LUNA/BUSD Daily TA Cautiously BearishLUNA/BUSD Daily cautiously bearish. *With 137 million votes to go and 5 days left, the governance proposal to fork Terra into a new chain without UST is at 64% in favor; it just needs to be at 50% or above in 5 days for the network to launch on May 27th.* Recommended ratio: 3% LUNA, 97% cash. Price remains hovering at fractions of a cent as the vote on whether or not to hardfork the Terra chain goes on for five more days; the 50 MA is about to form a Death Cross on the 200 MA at $69 for the first time since June 2021. Volume remains very high and has been shrinking for five consecutive sessions now, and has favored sellers for six. Parabolic SAR flips bullish at $13.23 resistance. RSI remains flatlined at 14.25 for what is about to be ten consecutive sessions. Stochastic also remains flatlined at max bottom for ten consecutive sessions. MACD remains bearish and is trending up slightly at -23 as it is on the verge of a bullish crossover at -21.35; this will be one to watch leading up to the end of voting. ADX continues trending up slightly at 54 in search of a peak as Price continues to hover close to 0, this is mildly bearish; if it is able to form a peak as Price grows, this would be mildly bullish. If Price is able to breakout above $0.01, the next likely target is a test of $0.27. However, if Price continues to see selling pressure, it will continue to hover in volatility under $0.001. Mental Stop Loss: (two closes above) $0.01.
**There is an argument to be made about the reduced 100m supply of new LUNA being a bullish catalyst for its Price and it very well could, but this argument assumes that the remaining 137 million votes don't go to 'No with Veto' or 'Abstain'.**
LUNA/BUSD Daily TA Cautiously BearishLUNA/BUSD Daily cautiously bearish. *With 17 hours left for the Terra community to vote on whether or not to fork a new chain, 66% remain in favor which all but guarantees that the current chain will become LUNC and the new chain (without UST) will be LUNA on May 26th EST (May 27th SGT). As it currently stands there is still almost no value proposition for buying LUNA before 03:59:51 PM EST (UTC-4) on May 26th (03:59:51 AM SGT (UTC+8) on May 27th) unless you believe that the current LUNA is salvageable and that LUNC will undergo a massive burn along with getting rid of or fixing the UST peg. For long term investors who believe both LUNC and LUNA will have future value similarly to ETC and ETH, this would be a reasonable time to buy a few LUNA.* Recommended ratio: 1% LUNA, 99% cash. Price remains trading under $0.001 cent and will likely continue to do so leading up to the fork on May 26th EST. Volume has been shrinking but remains moderately high and has favored sellers in eight of the past 10 sessions. Parabolic SAR flips bullish at $7.14, this margin is bullish. RSI remains flatlined at 14.25 for a fourteenth consecutive session. Stochastic also remains flatlined (at max bottom) for a fourteenth consecutive session. MACD remains bullish after crossing over in yesterday's session, showing that there is at least some buying interest (probably those who bought to burn). ADX remains trending up slightly at 61 as Price continues to see selling pressure keeping it below $0.001 cent. If Price is able to breakout above $0.01 cent (only way possible is with a massive burn accompanied by buyer interest), then the next likely target is a test of $0.27 cents. The only other option is for it to range here between $0.00016 and $0.00 before it undergoes the rebranding (LUNC). Mental Stop Loss: (two consecutive closes above) $0.01 cent.
LUNA/BUSDLUNA /BUSD
after breakthrough 18573
TARGET 26929
If there is no break there will be more drop
LUNA consolidation areaFor those of you thinking LUNA will reach $1, you need to know that this is impossible!
At this price, $0.0001648, LUNA has a mk cap of $1.07Bil, which is still pretty high compared to its current fundamentals.
The highest valuation that LUNA had was $40+ Billion at its peak.
So the best case scenario, FOMO included, is for LUNA to reach 0.006592.
Looking forward to read your opinion about it.
LUNA 2.0➡️SCAM. LUNA BURN➡️SURVIVE. HERE IS WHAT I SEE NOWWhile we have lost hope amidst of a hard dump on LUNA we see some minor bullish appearance based on the updates recieved for burning the supply. Here with the LUNA I have adjust the price moves into a technical overview and this is what I found.
I keep an eye on the resistance and the trend line here, as mentioned on the chart a bullish breakout needed to continue the bull trend to the upside. But if we see any breakout on the trend line then we have a chances of seeing a dip once again. Trading LUNA is highly risky until we get some strong update based on the recovery. Remember we have a greater potential of losing people after a good rally due to a panic sell off from a hard crush it created.
Where LUNA is going now after 1Billion MARKET CAP?Seem since yesterday , we see a lot of traders are in LUNA again from 0.00019$ up to 0.00021$ in the past hours
Now where its heading? Considering the Market Capitalization, LUNA cannot goes above 0.0005% as of now but still it can double or triple your money if u trade from the 0.00010$
Now, it needs to goes down again from 0.00015$ where the low volume to mitigate and goes up again in the Supply Zone Above.
Please do your OWN technical analysis and make this as your guide only.
Should we buy Luna right now?In my opinion, if you have 100$, split them in half. Buy Luna for 50$ and wait & watch. If it goes up, wait. If it goes down, look at how much down it goes, but the dip because it's the key to success. Just my opinion
#LUNA/BUSD 1HOUR UPDATE BY CRYPTOSANDERS !!Welcome to this quick LUNA/BUSD analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:- LUNA/BUSD PARALLEL CHANNEL brake the upper trandline and buy the retest and PARALLEL CHANNEL green zone. (SPOT CALL)
Entry:-0.00011642,0.00012792
Traget:- 400%
Stoploss:- 0.00009876
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
#LUNA/BUSD UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
Welcome to this quick LUNA/BUSD analysis.
Reason for trade:- LUNA/BUSD forming this flag pattern in a 2h time frame.call type (SPOT CALL)
Entry:-batter if you get enter after the breakout
Target:- shorter target 100%
midde term target 300%
longterm target 2500%
Stoploss:- 0.00008876
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
LUNA/BUSD TRADE SETUPLUNA/BUSD trade setup:
LUNA is forming a symmetrical triangle pattern in 30 mins timeframe. If LUNA successfully breaks above the triangle then we can expect a good rally coming in but if it breaks down then it'll be a no-trade for me.
If LUNA breaks out then entry-level will be between $0.0001416 to $0.000144.
SL: $0.00013
Target: $0.000155 to $0.000172
Note: This is a spot call and enters only when there is a positive breakout.
BUY LUNA SPOT ONLY 1HOP : 0.00012592 - 0.00012162
TP : 0.00014097 / 0.00015095 / 0.00016907 / 0.00018166
SL : 0.00011180
just a prediction, please re-analyze if you want to open position
#LUNA/BUSD 30 MIN CHART UPDATE BY Domino Crypto!!Hello, community members welcome to this LUNA/BUSD 30 minutes chart update by Domino crypto.
Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update on a regular basis.
Now, Let's get to the chart,
As we can see at the above mentioned chart that LUNA was trading inside a triangle pattern in this 30 minutes chart and broke above the upper triangle pattern.
Now LUNA is retesting the upper trend line and trading on the green support zone at the price level of $0.0001300, here we can take entry for some good profits.
But LUNA needs to hold this lower green zone support if it breaks below and closes then it will no trade for me.
This is for only SPOT TRADING.
Entry will be between $0.00012000 to $0.00013000.
SL: $0.00011200
Target: $0.00022000 to $0.00025000
INVALIDATION: candle close below the STOP LOSS in the 30 MINUTES time frame will be the invalidation point of this chart analysis.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
LUNA IS NO MORE - SCAM 💩 GOES FOR A NEW ALL TIME LOW ( ATL )Luna dumped once again after a fake rally and here we see many investors are stepping out already and some went really got wrecked and worthless. So here if the key level breaks out to the downside we will further decline towards the bottom level and greater chances to create and ATL
Possible: Luna is a product of manipulation, a blatant money-stePossible: Luna is a product of manipulation, a blatant money-stealing scam of the Scam construction team and Binance exchange
(LUNA) Very important levelsHello everyone !
Today H₿ Capital is analyzing LUNA based on a Weekly chart 📈
What we can see :
- Luna is trading below the Kijun / Tenkan weekly
- We can clearly identify a double top on the RSI
- The CHOP index is high, but could go higher
- The slow stochastic is declining and is approaching the bottom area
- Spreads are negative
- Small Sell volume
What we can expect :
Based on these elements, we can see that Luna did not bottom yet. We can expect prices to drop a little bit more to reach our buying area : 42$ 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 ⭐
LUNA - Looks Like This Crypto Will Never Recover. Lesson Learnt.When it comes to these algorithmic stable coins I believe we should always be mindful of what they backed by.
Something like this should never have happened to a stable coin.
Lesson learnt for all those that were involved in this project.
I also believe regulation would be a good thing especially for stable coins.
After some careful consideration on the fundamentals and also the analysis of the waves I think it's safe to say that this Crypto is dead.
Whether you're looking at total supply or even the characters involved in its creation, there are a few things that seem off about the whole thing.
During this bear market I think it would be wise to consider doing research on projects that have true value and great network effect.
Good Luck!
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
Luna bullish fuelAs we can see, Luna might be fueling up for a run towards the previous rising trendline with the rsi having bullish a divergence with the price. We went long at 0.000133.
#LUNABUSD Update#LUNABUSD Update:
👉 TP2: 0.0003627
👉 TP1: 0.0002778
📌 Near Resistance: 0.0001994
🔔 Current price: 0.0001711
👉🏻 SP1: 0.0001145
👉🏻 SP2: 0.0000362
👉🏻 11h: 🔴 🟢 🔴 588,846,684.61 : -26,646,260.39
👉🏻 15h: 🔴 🔴 🔴 338,802,812.76 : -13,853,385.30
👉🏻 19h: 🟢 🟢 🔴 670,445,464.73 : -16,898,285.39
👉🏻 23h: 🔴 🔴 🔴 309,999,333.83 : -8,656,391.24
👉🏻 3h: 🔴 🔴 🔴 212,600,456.83 : -11,364,436.61
👉🏻 7h: 🟢 🟢 🟢 308,431,737.08 : 6,884,908.72
👉🏻 11h: 🔴 🔴 🔴 198,840,512.78 : -4,946,793.13
👉🏻 15h: 🔴 🟢 🔴 325,403,836.65 : -25,087,253.76
👉🏻 19h: 🔴 🟢 🔴 370,026,137.48 : -17,205,763.23
👉🏻 23h: 🟢 🟢 🟢 666,705,022.85 : 14,208,984.32
👉🏻 3h: 🔴 🔴 🔴 225,378,673.88 : -4,828,422.70
👉🏻 7h: 🔴 🔴 🔴 203,366,786.51 : -9,229,009.61
👉🏻 11h: 🟢 🔴 🟢 128,024,623.33 : 4,933,960.24
👉🏻 15h: 🔴 🟢 🔴 145,377,974.13 : -2,598,592.78
👉🏻 19h: 🔴 🔴 🔴 47,263,483.98 : -4,229,595.34
LUNA - Tracking The Potential Recovery Of This Crypto.I am definitely expecting a broader decline in the Crypto markets but LUNA is of particular interest.
The reason for that is because it's already done what I expect other Cryptos to do in the not so distant future.
So far I cannot see these waves indicate further weakness but it is still early days for LUNA.
I will continue to bring daily updates as we try and figure out the fate of LUNA aside from a potential fork or cash injection.
I believe the market will eventually decide but for now it is important to keep tracking this.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.