LUNAUSD
Luna ($LUNAUSDT): 8-Hour Analysis for Strategic Trade SetupI spend time researching and finding the best entries and setups, so make sure to boost and follow for more.
Luna ( BINANCE:LUNAUSDT ): 8-Hour Chart Analysis for Strategic Trade Setup
Trade Setup:
- Entry Price: $0.5451
- Stop-Loss: $0.3728
- Take-Profit Targets:
- TP1: $0.9479
- TP2: $1.3018
Fundamental Analysis:
Luna ( BINANCE:LUNAUSDT ) continues to be a significant player in the DeFi ecosystem despite its historical challenges. The network's commitment to rebuilding its ecosystem and expanding partnerships has drawn attention back to the token. The recent upgrades to its Terra blockchain aim to enhance scalability and adoption among developers.
Technical Analysis (8-Hour Chart):
- Current Price: $0.5525
- Moving Averages:
- 50-EMA: $0.5000
- 200-EMA: $0.4800
- Relative Strength Index (RSI): Currently at 60, indicating growing bullish momentum.
- Support and Resistance Levels:
- Immediate Support: $0.5000
- Resistance: $0.6000
The 8-hour chart reveals a breakout from a descending triangle pattern, signalling potential for a strong upward movement. The take-profit targets align with Fibonacci extensions, providing logical levels for scaling out of the position.
Market Sentiment:
LUNA has seen increasing trading volumes, reflecting renewed interest in the project. Recent announcements around ecosystem developments and strategic partnerships have boosted confidence among traders.
Risk Management:
A stop-loss at $0.3728 ensures limited downside risk, while TP1 and TP2 offer impressive reward potentials of approximately 73% and 139%, respectively. Discipline in executing this trade is crucial, given the token's volatility.
Key Takeaways:
- LUNA’s breakout signals a potential bullish continuation.
- Strong risk-to-reward ratio for both scalpers and swing traders.
- Strict adherence to stop-loss and target levels is necessary.
When the Market’s Call, We Stand Tall. Bull or Bear, We’ll Brave It All!
*Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
Is #LUNA on Brink of a Major Breakout? Watch These Key LevelsYello, Paradisers! Could #LUNA’s next big move be just around the corner or the momentum will fade? Let's discuss the #Terra's latest analysis:
💎Currently, #LUNAUSDT is holding its ground at the critical demand zone of $0.313, showing signs of a bullish continuation. Positioned within a Descending Broadening Wedge pattern, #LUNA looks ready to challenge the descending resistance line—a potential turning point that either confirms strength or suggests further caution.
💎Volume has remained robust, and with #LUNAUSDT recently marking an all-time low, we may be witnessing the start of a significant rebound. It’s often said, "Once we hit bottom, the only place to go is up," and this moment could be setting up for just that kind of breakout.
💎If #LUNA can maintain its position, we could be on the edge of a substantial rally. A move above the $0.514 minor resistance zone would open the path to higher targets and possibly even new highs.
💎However, the current level is crucial. If momentum weakens, there’s a chance we’ll see a pullback toward the major support area between $0.247 and $0.267. A daily close below this zone would undermine our bullish outlook and indicate the risk of further downside.
Stay vigilant, Paradisers, and closely monitor #LUNA's price action.
MyCryptoParadise
iFeel the success🌴
#LUNA/USDT#LUNA
The price is moving in an ascending channel on the 1-day frame and is sticking to it very well and is about to break upwards
We have a bounce from the lower limit of the channel at 0.3000
We have an ascending trend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the 100 moving average
Entry price 0.3857
First target 0.4655
Second target 0.5394
Third target 0.6451
The key scenarioThe trend of LUNA is currently ranging and has been stuck in this range. A triangle pattern has formed, and it continues its ranging movement within this triangle, creating equal highs and lows.
The key scenario is the breakout of this triangle. If it breaks and then pulls back to the triangle, we can expect the price to move downwards.
LUNA looks bearishIt looks like we have a big ABC, and wave B is a triangle that has ended.
Now we expect that the red range will not be lost and we will enter the big wave C.
Closing a daily candle above the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#LUNA/USDT#LUNA
The price is moving in a bearish channel on the 12-hour frame and adheres to it well, and the price rebounded from the lower border of the channel at the green color at the price of $0.5600.
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that was broken to support the rise
Entry price is 0.600
The first target is 0.7550
The second target is 0.8815
The third goal is 1.00
#LUNA/USDT#LUNA
The price has been moving in a bear flag since July 2022
The upper limit of the model has been tested more than once.
The downtrend and the uptrend were broken.
We have oversold on MACD.
And the support of moving Africa 100
Current price 0.775
First goal 1.22
Second goal 2.52
That's approximately 300% of the current price.
#LUNA/USDT#LUNA
We have a bearish channel on a 4-hour frame, the price moves within it and adheres to its borders well at this price.
We have a fundamental support area at Saad 0.8000
We have a higher stability moving average of 100
We have a downtrend on the RSI that is about to break higher
Entry price is 0.8900
The first target is 0.9890
The second goal is 1.190
The third goal is 1.3650
LUNA/USDT upward momentum from support? 🚀LUNA Today Analysis💎 Paradisers ,keep an eye on #LUNAUSDT as it’s currently in motion. The price is approaching a key support level at $0.9163. If it maintains momentum at this level, we could witness a bullish reversal. The sustained upward movement aims to target the major resistance at $1.4997.
💎 However, let’s be prepared for market fluctuations. Should #LUNA encounter obstacles at the aforementioned resistance, it might be prudent to reconsider our strategy. On our radar is a bullish recovery from the support zone around $0.8014, where the price has previously found stability.
💎 Caution is crucial! A breach below this critical support level could signal a shift toward a stronger bearish trend, potentially leading to increased selling. As we navigate the changes in the #LUNA market, staying vigilant and adaptable is paramount.
LUNA is bullishA bullish pattern is formed on the chart from the place where "Start" is inserted on the chart.
Wave A of this pattern is a diametric and wave B is a triangle.
It now seems to have entered a bullish wave C, it is expected to pump to the supply side or even beyond while maintaining the green range.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LUNC Luna Classic Is About To DieA lot of these tokens in the next couple years are going to bleed out to zero. With the new Bitcoin ETFs and big money in the space they arent buying Luna, or BNB, or name your coin. They are buying what regulators have allowed them to buy. So far thats only Bitcoin,Ethereum, Litecoin, and Bitcoin Cash. This next bullrun will be utility, and regulatory based for the big players.
People holding these tokens like LUNC are going to eventually dump. Luna will never go to even a penny never mind a dollar. Its looking extremely bearish to me. Maybe one more dead cat bounce before Luna falls into the shadow realms. LUNA wont be the only one suffering this fate either. This next bullrun and after is going to delete most of the crap out there. You'll always have the casino where people play hot potato with the meme coins that come out every minute of the day. Real money is not going into this stuff though. Good luck and I wish you all the best, hate to see LUNA get rugged a second time, that would be some serious salt in the wounds. Not financial advice.
Descending triangle and Stoch RSI pointed straight down.