Could TerraLuna restore TerraUSD PEG with $Hi folks,
The #Terra protocol is doing well and needs no further bailouts 1-2-3 or whatever planned by Do Kwon. Now we have to let the market regulate itself naturally.
Indeed, the spectacular crash of the past week was painful for everyone. Nevertheless, I think it is part of algorithmic phases of the Terra protocol itself. The protocol grows by successive phases of expansion and contraction. We have simply witnessed a phase of brutal contraction. This phase could have been amplified by an hypothetical attack but no one knows right now.
Now, we have to wait for the market to do its job of natural regulator. Namely, slowly raise the #TerraLuna $LUNA to the price of $0.0017 per unit. At that time, the #TerraUSD $UST will naturally PEG with the US dollar. It’s only a matter of weeks. In fact, the regulator is already playing its role.
Once the market has played its role of natural regulator and therefore the TerraUSD UST will again be worth 1 US dollar thanks to its symmetry with the LUNA supply, we can begin the expansion phase of the Terra protocol.
During this expansion phase, we will see the TerraUSD UST supply increase and the #LUNA supply decrease. Once the PEG is reached, the decrease/increase of LUNA/UST will begin at approximately 612 LUNA for 1 UST until reaching in a more or less distant future the value of 1:1 or even more depending on the pace of adoption.
So, let the market regulate itself and digest this contraction naturally instead of trying to manipulate it with more or less hazy hypothetical rescue plans. This is the price to pay for a decentralized currency. Moreover, we are not safe in a distant future from a new contraction of the protocol which will resorb itself to leave after a few days or weeks a new phase of expansion.
Therefore, this contraction could be beneficial for all #cryptocurrency markets since it will bring a significant amount of fresh UST to the market when people will redeem their LUNA for UST once the PEG restore. And we know that cryptocurrency markets are in desperate need of fresh liquidities.
So, yes, I'm long. And the impressive volume of Terra Luna exchanged speaks by itself.
Have a nice day
LUNABUSD
Lunabust is retracing 0.786 it ll reject bear trend of luanaluna is Going to Bullish Again Luna is Retracing 0.786 posible bullrun start soon for Luna ........... not a financial advice
LUNA - Is This The Beginning Of The Next Move Up???So following on from yesterdays update on LUNA, I notice that a lot of people believe way to much about what is happening on the supply side.
Nobody knows exactly what kind of big players or whales have a vested interest in making LUNA recover from this crash or why it ever happened in the first place.
Fundamentals cannot possibly explain why this happened or who caused it.
The waves simply offer a way of explaining the price action that is being observed.
The question is, do you know what the price action is trying to tell us?
LUNA has performed in ways that not many other Cryptos have in recent time and it's pretty obvious to see that when you look at the price action leading up to this.
I will try my best to bring you regular updates with regards to how I see this playing out according to AriasWave.
I don't use emotion when observing and labelling the waves however AriasWave does give me enough clues to make assumptions that can be easily explained.
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 advisor, I suggest using this only as a guide. Always do your own research.
Luna Supported by Fib 0.618 ( 1h )(( please read the description ))
Hello friends and companions of Trading View
The Descending triangle was broken down and the support zone was tested, buyers were able to raise the price above Fib 0.618 in the short term, now trades have accumulated in the Fib range of 0.5 ~ 0.618.
If buyers can provide the necessary support and cross the resistance of $ 0.00037 with a high purchase volume, we can hope to test the resistance.
Trading volume is low If negative news, bitcoin downtrends and indices continue, there is a possibility of re-testing the support area based on the sentiment of the herd.
tip :
* The first Target is to defeat the resistance, Profit can also be in resistance.
* MACD (Low buy)
* RSI is in the sales zone
* Trading volume is very low (probability of testing lower prices)
* The herd trades based on emotions
* Bitcoin is highly dependent on Indices ( S&P )
I tried to identify the points of support and resistance for you, Trade smartly, Good luck.
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* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
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********************************* pay attention ****************************
For stress-free trading, see Bitcoin price trend, Bitcoin is effective in all trades
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lunabusd depending on market infrastructure
looking for more strong up move to confourm the pattren and to get an entry for long positoin
if you take a short positoin do make sure to put your stoploss and trand carefully
LUNA This is what I expect from Luna a bullish correction consists of 3 waves so far
but not expected to hit 1$ these days maybe after solving their issues
Luna for another 100x pump after the BIG CRASH!!Since luna pump after the big crash, we see a retracement after it goes to 0.0059$ ( from $0.000000999967 )
Now after its reached to Demand Zone at 0.00017% its start to goes up again.
Target is the SUPPLY ZONE in 0.04$.
There are some traders mentioned that we need to reach that price to consolidate the present Market Cap
Also, We need a Break of Structure to consider this Pump. Lets see
DISCLAIMER: Please Do your own technical analysis and make this chart as a guide only.
LUNABUSD IMBALANCE !?Look at the yellow box on LTF (1M 3M 5M) a lovely imbalance that I expect to be filled before going to the moon
LUNA to 0.002+ after CRASH! I am waiting 78.6-retracement, then 1.618-bullish momentum.
LUNA is recovering from the scratch, and we still have to wait for better entries, dont trust in FOMO news, SEE THE CHART.
CZ, and DO KWON have been telling us that the team will be working.
Lets hope.
Stay safe.
Entries:
0.0000833 or below
Targets:
0.0018
0.002
0.0027
Always invest what you could lose.
DYOR.
Dead cat mutation ( Luna 1h )(( please read the description ))
Hello friends and companions of Trading View
This is my opinion perhaps, One of the reasons for the fall in prices! The sudden sale of large volumes of UST (Luna-affiliated Terra network coin) by whales (affiliated with the Terra community and possibly the builders), followed by UST problems and the rise of Luna coins to protect UST, drastically reduced prices and It was finally dumped
Currently, after the start of trading on May 13 and a sudden increase in price with a high volume (dead cat jump) more than 60K% from 0.000001 to 0.000595 and re-correction of the price, forming a descending triangle (if the dump and start of trading from May 13 is calculated ) The price correction caused the support of MA 50 (blue curve) to close to the price and from 7:30 today 15 May to provide the necessary support (until now) to prevent further reduction.
* Trading volume is low If the trading trend is downward, there is a possibility of breaking the triangle downwards and testing the support area or based on the fears of ATL traders *
tip :
* Trading volume is very low (could be a sign of decline in the future)
* The average resistance to continue the climb is $ 0.00035
* Trading above MA 50 (blue curve) can be expected to test resistance
* MACD indicator shows low buy (neutral)
* RSI indicator below the sellers line is at 23 (over-selling)
I tried to identify the points of support and resistance for you, Trade smartly, Good luck.
.....................................................................
* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
.....................................................................
********************************* pay attention ****************************
* News and especially bitcoin transactions have a great impact on Luna process
* The above content for information, is not an investment proposal
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LUNA longbuy the dip. great team!
buy at 0.00065$
first profit target 0.04$
second profit target 1$
risk & reward ratio 1:1450
third profit target 100$
risk & reward ratio 1:infinity
stop loss 0.0000000000$
Waiting for that BURN! Already Up 2000% 🔥🔥🔥 Up almost 2000% on the swing (More in the scalps)
Have a position that im holding long (Just in case we get a big Burn/Pump)
I wanna see that supply turn into demand!
Don't risk what you can't afford to lose! (If you decide to jump in)
HUGE Potential upside!
Let me know your thoughts in the comments below, I enjoyed the last discussion! (Negative or positive all is good and insightful!)
Have a good weekend everyone!
#Lunabusd - Luna can pumb and pumbEntry and target you can see in the chart. Good luck to you and save trade!
Luna Are you rdy for short ?👀👀👀First, hello, dear friends, we are back with another analysis.
Let me tell you, friends, about the Luna currency code, with a very simple method, a very good divergence can be seen in the daily / weekly / monthly time.
On the other hand, Luna's currency code has made a very good profit this time.
There is a high price bubble in this currency code, which indicates that there is a downward trend ahead.
Another point is the end of the bitcoin uptrend and wait for the market to fall.
LUNA🌑 next TargetsAll my previous Targets for Terra have been hit 👇
Now I'm publishing next levels where I think it's wise to take at least some profits off the table. So here are my new targets for LUNA🌑:
TARGET 1: 91.5
TARGET 2: 101.5
TARGET 3: 104
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
The Coin of the YearHello traders!
First of all, I must tell you I never put these kinds of huge targets because my analysis is always reality-based.
This chart is not 100% analytical based but when I saw the chart there is 6 step formation that Luna will form and surprisingly it has not even completed the first formation and it's about to break its ATH. So at the final formation/circle, Luna will touch 1000$.
The second reason is that I saw a few pairs which have the potential to give 300-400% gains in this season, Their technicals and fundamentals, and sentiments are not as strong as LUNA's so Luna will definitely give 500%+ gains in this season.
Enjoy the ride and have fun,
Don't forget to hit the like button and follow to stay connected