Get started

LUNAUSD

IXIC US Composite Nasdaq Corrects 50% from swing of 2020! Over? IXIC US Composite Nasdaq Corrects 50% from swing of 2020! Over? #IXIC #NASDAQ #US30 #RUT #SPX500 NASDAQ:IXIC corrects 50% from the swing of 2020 bottoms. Is it over? Economic fundamentals claim it has not bottomed out yet. Most of the IT stocks gave the way for this correction. #TSLA #AMZN #FB #NFLX and so on to name. Is it time for investment? Yes, for a long term holder who is not bothered with a small dips of 5-7% further fall, should start investing. Are you salaried class person with a constant earning coming every month end? Or u have a business with a strong mindset of risk management and risk handling? Be prepared with your investment plans! Personal Finances and Taxation. Earnings and Expenses. Savings and Return on Investment All are to be aligned in this latest world of increased necessities and demands with scarcity of resources. As we have always read, this is actually happening in front of us. Are we prepared? Inflation and Unemployment will tame our greed and carelessness towards resources. Investment opportunities? Ample of opportunities, waiting for appropriate investment entry. Start investing start trading. Tradingview ! #tradingview.
TVC:IXICLong
by Rachit_Sethia
LUNA - Don't panic! Sholi algorithm start the Slow BUY.I'm sure many LUNA holders are shocked. Don't be afraid. Look at what happened last time. Now look at our time. Seem to be? Highly! If you bought on the spot, hold until the win. Spot is not sold in the red. My algorithm works for futures and spot. On the spot, he began to buy in the "slow buy" format. It means that it sees more than frightened market participants. Good luck! Trade with algorithms, it's already 2022!
Long
by sholi_software
4
LUNA - Where would it stop? ⚠️Let's see how LUNA is behaving. This is a 1D chart. (Long Term) LUNA broke the last support it had, and now god knows where it will land. My analysis so far confirms that there are still two support levels left. Each of them is the consolidation area it first made to start a break out when the coin was released. The RSI shows that LUNA is below the 50 levels, the center. If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings: Current Market Price: $0.96 Let me know your ideas. Good luck.
by ShawnMCR
1
Luna | UST potentially this cycles Bitconnect (Ponzi Scheme)Lets start 2014 we had the famous OneCoin Scam 2018 we had the famous Bitconnect Scam. 2022 we have the new Luna algorithmic stable coin in this case its Luna/UST (Very similar to the Bitconnect price movement/chart) Before I get into why I'm suspicious of Luna lets talk about what these all have in common that makes it so dangerous. 1. They all have some type of yield return you're unable to get anywhere legitimately. 2. These scams always have initial investors that have gotten in very early probably before they knew what they was even purchasing, this causes a massive MLM ladder that the "wealthy" owners of these scams start to promote and completely believe its not at all possible its a scam like some sort of trance because the money and returns are just that good. 3. Come the final stage now the MLM has spread to enough smaller investors that has spiked the price continuously to the point where the some initial investors might want to take profit, this is where they always collapse in the end. Red flags with Luna The founder has no experience in money markets and seems to be a gamer without any high degree of financial education that people are blindly following. The supposedly decentralization of the UST is connected and functioning based on what the (Luna foundation guard) and (Terra form labs) are doing it sounds very much like a reserve banking setup claiming to be decentralized. The main driving force behind UST's growth is synthetic not organic, once again a platform called Anchor Protocol is offering a yield return that nobody else can provide currently requiring the centralized Terra form labs to top up capital to its reserves in order to payout people earning. How does this capital get topped up?, the Luna owned by Terra form labs since conception gets sold to be sent to Luna Foundation Guard that then gets added to the reserves of Anchor Protocol, increasing UST demand. What happens if Anchor reserves empty and Anchor's yield return has to drop back down to reality? stop you're not allowed to ask this. What happens if UST's marketcap passes Luna's marketcap during a bear market? stop you're not allowed to ask this. What happens when the initial rich investors cash out of Luna or staked UST back into a stablecoin like USDT or USDC? stop you're not allowed to ask this. What happens when the SEC finally orders Terra form labs to provide a balance of real cash reserves or eq? stop you're not allowed to ask this. Final thoughts for the future, I believe CBDC's will work along side stable coins such as USDT, USDC as they will be regulated UST will not be regulated and the SEC/ US government is not going anywhere. Below I have provided a chart of Bitconnect that directly shows the same behavior and movement up till the collapse. www.financialsamurai.com
Short
by UnknownUnicorn7947829
2
LUNA/USD Weekly TA Cautiously BearishLUNA/USD Weekly cautiously bearish. Anchor liquidation event spurs UST peg disruption while recessionary fears hit all risk-on markets -- due to the sheer voracity of the downturn LUNA is now on Bottom Watch. Recommended ratio: 30% LUNA, 70% cash. Price is currently testing the uptrend line from May 2021 at $15.92 support for the first time since July 2021. Volume is now moderate after surging this week and is on track to favor sellers for a third consecutive week. Parabolic SAR flips bullish at the ATH $119.72, this margin is bullish. RSI is currently trending down at 36.46 after breaking down below 45.83 support, the next support is the ATL at 5.87. Stochastic remains bearish and is currently trending down at 10 after breaking down below 32.46 support; the next support is at max bottom. MACD remains bearish and is currently trending down at 3.14 as it tests 3.83 support with no signs of trough formation. ADX is slightly trending down at 34.55 as Price sees massive selling pressure, this is neutral at the moment. If Price is able to defend support at the uptrend line from May 2021 at $15.92 support then the next likely target is a retest of $27.70 resistance (assuming $19.32 resistance is overcome) and potentially higher (the move will likely be a relatively big one considering the significance of the fall and will likely hinge on an announcement of a solution from Do Kwon). However, if Price breaks down below this uptrend line, then the next likely target is a retest of the uptrend line from December 2020 at ~$7 for the first time since January 2021. Mental Stop Loss: (two consecutive closes above) $19.32. **From 05/03/21 to 05/24/21, LUNA dropped 80.51% from ~$20 to ~$4 -- then from 05/24/21 to 04/04/22 LUNA surged 2747% from $4 to $120 -- from 04/04/22 to 05/09/22, LUNA dropped 84% from ~$120 to ~$14 -- then from 05/09/22, what will the story be? Nobody knows, but there's Extreme Fear in the markets... usually that's a good time to be buying.**
L
by dailytaguy
8
LUNA Analysis - Next Target $6?Hello Traders... I'm gonna keep this short and sweet. I am no longer a fan of LUNA, if you saw my last BTC post you'll know that I lost nearly 30% of my portfolio overnight. Either way I will try to remain objective on this analysis. However truth is in this type of situation, there's really no way of knowing what the heck price will do... But there are really 2 possible scenarios at the moment. 1) Bearish (Highest Probability) LUNA tags the next major support level at $6 before finally reversing. 2) Bullish (Lower Probability) LUNA reverses from here and fist target resistance at $23, then up to $37. Heck for all we know LUNA could just keep going down and could hit $1, theres really no way of knowing at this point. - But taking TA into consideration and most importantly momentum, I think it's possible LUNA hits $6 before reversing. Keep in mind LUNA has lost all trust with the majority of it's customers, me included and also large investment firms. - Personally I've never seen something like this before with such a large marketcap crypto so it's very hard to predict what could happen. This event could possibly even kill the project altogether if Do Kwon doesn't come up with a solution quick. **Now I want to say, when LUNA finally bottoms I wouldn't be surprised if it got a massive pump. The problem is that we have no clue what the bottom is. People might think "well if it's $6 the risk is low, I mean how much lower could it go?!" - To that I say if you bought at $6 and it goes to $3, you just lost 50%. So you can just as easily lose money buying in at $6 as people who bought in a couple days ago at $60. That's it for this analysis, best of luck to anyone who lost money in LUNA. I know lots of peoples savings were drained so hang in there.
by natef1
6
LUNA/USD Daily TA Cautiously BearishLUNA/USD Daily cautiously bearish. BTC is currently testing the uptrend line from April 2017 (and from March 2020 on the weekly) at $30k major support, if it can establish support here it would be net bullish for the rest of crypto. Recommended ratio: 15% LUNA, 85% cash. Price broke down below $34.86 support and is currently testing $23.59 support, which coincides with the descending trendline from December 2021 (last tested in January 2022). Volume is very high as sellers continue to pile on for a sixth consecutive session of dominance. Parabolic SAR flips bullish at $83.82, this margin is very bullish at the moment. RSI remains oversold and is slightly trending down at 17.48 as it approaches a test of the ATL at 15.39. Stochastic remains bearish and is currently on the verge of a bullish crossover at max bottom; however, it may coast down here for some time in the bearish "autobahn zone". MACD remains bearish and is currently forming a new ATL at -7.64 with no signs of trough formation. ADX is currently trending up at 26 as Price continues to fall, this is bearish. If Price is able to defend $23.59 support then the next likely target is a test of $34.86 support-turned-resistance. However, if Price breaks down below $23.59 support, the next likely target is a retest of the uptrend line from January 2021 (~$18) for the first time since May 2021. It should be noted that May 2021 saw a decline in LUNA of 77%, this May LUNA has seen a 64% decline so far. Mental Stop Loss: (two consecutive closes above) $34.86.
L
by dailytaguy