LUNAUSD
a short position i see here right now.maybe i am wrong. A short position I see here right now. Maybe I am wrong. Type R. at least r to r ration expected to be 2
Luna Bull-Trap Expanded flatWave A subdivides into a smaler ABC expanded flat,
B is a regular ABC
and C is developing right now with targets below wave A at 25 USD.
Otherwise luna is break 36K in direction to 43k. In my opinion that has a small probability, than return to 25, all of this are small term projections that are about to happen.
LUNA ASPIRES TO HIGHER HIGHSMA50 & EMA50 are strong clusters of support. LUNA is about to break out of a descending triangle. To confirm the breakout, the price action must retest the descending trend line and hold it to validate an entry. The volume is decent to propel the price higher. The major resistance zone is designated in rectangular red. The major support zone is designated in rectangular green. The thick red line above the resistance zone is a local resistance area.
Lunausdt True Reversal pointsHello Traders!
Previously i gave a buy entry at 30.50 and it was extremely perfect and the market moved exactly from 30.50 now this is a leverage trade for Lunausdt.
I am expecting a drop from 33.19 and the target is 31.70,
After completing the sell target it will rise from 31.61 so it will be a buy and the target will be 33.10
In any case, if it hit the bottom first then go for the buy first and then sell from the top.
Hit the like button for the trade and follow to stay connected
Luna H&SJust an update on my short position on Luna at 33 USD, probable head and shoulders formation with targets at 22 USD.
LUNAUSDT: LONG $LUNA ON PULLBACKThere has been a lot of FOMO into $LUNA lately but I had got in relatively early. Currently, there is a double top pattern formation which is a bearish reversal pattern. Strong support regions are held at $16 and $20 price marks respectively. I will be buying more $LUNA at these price regions assuming the markets retrace this low. If the bullish momentum holds, it may be unlikely to test these regions again. However, this is not financial advice and thoughts are welcomed!
LUNA short term correction.Will go long if luna touch 200 MA
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𝐅𝐨𝐥𝐥𝐨𝐰 𝐭𝐡𝐢𝐬 𝐚𝐜𝐜𝐨𝐮𝐧𝐭 𝐟𝐨𝐫 𝐦𝐨𝐫𝐞 𝐮𝐩𝐝𝐚𝐭𝐞𝐬
𝐈𝐧𝐬𝐭𝐚𝐠𝐫𝐚𝐦:- 𝐜𝐫𝐲𝐩𝐭𝐨__𝐩𝐚𝐧𝐭𝐡𝐞𝐫
𝐓𝐰𝐢𝐭𝐭𝐞𝐫:- 𝐜𝐫𝐲𝐩𝐭𝐨__𝐩𝐚𝐧𝐭𝐡𝐞𝐫
𝐘𝐨𝐮𝐭𝐮𝐛𝐞:- 𝐲𝐨𝐮𝐭𝐮𝐛𝐞.𝐜𝐨𝐦/𝐜/𝐂𝐫𝐲𝐩𝐭𝐨𝐏𝐚𝐧𝐭𝐡𝐞𝐫
𝐓𝐞𝐥𝐞𝐠𝐫𝐚𝐦:- 𝐭𝐡𝐞𝐜𝐫𝐲𝐩𝐭𝐨𝐩𝐚𝐧𝐭𝐡𝐞𝐫
WETH / LUNA - Long Both, Longer LUNAI love $ETH but my thesis is that LUNA goes nuts in relative terms.
LUNA Bulls Stepping Back inAfter breaking below a rising wedge, the volume to the downside died off and the bulls have re-entered with volume. The price has already broken through the 30.70 short-term resistance, but has had a little bit of a throwback. If the price breaks above 31 with volume, that would be a great long signal imo. My target is the 1.272 log fib, which is at 36.01
[UPDATE LUNA] DUMP AND THEN CLEAN ROAD TO 100$-130$LUNA
Strong resistance at 14$. I guess we're gonna down and form a macro symmetrical triangle.
First target: 27$-30$
Ultimate target: 100$-130$
LUNA Rides Ascending Channel To ATH, Is a Pullback Imminent?-LUNA has risen nearly 50% the last week
-Price has been in an ascending channel for 3 weeks
-50MA has been holding as support for 3 weeks
LUNA has had a wild ride the last month as prices have risen nearly 350%. BTC breaking above its major resistance mark of $40,000 allowed Terra & other alt coins to explode off their lows. The overall cryptocurrency market has been pumping for nearly a month straight, which brings the question of when will a pullback occur. At the time of writing, many coins have rejected resistance hard & look to be starting some type of retracement. This is a completely healthy scenario which would allow prices to push higher with more strength & stability.
While looking at the ascending channel shown in blue, we can see how price has tremendously respected both trend lines. Each time LUNA has reached either trend line, price has rejected off of it. This scenario just occurred as LUNA hit an ATH of $24 & immediately was rejected further into its channel. For LUNA to continue pushing higher, price must break & hold the major resistance level found from $22.40-$23.98. If this does occur, LUNA will then enter uncharted territory & will form new resistance marks. Overall, this is a very good sign for the crypto market that a major alt coin has breached its previous all time high.
At the time of writing, LUNA is attempting to hold its minor support level of $20.86. If this support can hold, Terra may test its major resistance zone again. In the case that bears continue control, LUNA will likely land at its next minor support level of $19.50. This support is very close to the bottom trend of the ascending channel. This area has a high chance of being the bounce zone for LUNA. Anything below this mark will turn extremely bearish as Terra would break its near 3 week uptrend line. The 50 MA has been holding as support for nearly this entire run. As long as Terra stays above this, it is in a bullish state.
While looking at the Stochastic RSI, we can see how strength just rejected off the overbought region. This is a bearish sign that LUNA may have further to fall before another bullish push occurs. The regular RSI has just experienced a rejection off a resistance level that has been respected 3 other times. With these indicators turning bearish, it is likely LUNA needs a cool off period of retracement.
LUNA Intraday Analysis
Spot rate: $21.00
Trend: Bullish
Volatility: High
Support: $20.87
Resistance: $22.41
Luna Gave 150% growth, but history may repeat, where to buy?Less than a month ago, we published an idea for a pair of LUNAUSDT , where we briefly described the Terra project itself and considered the history of the price behavior of the LUNA token
We jokingly called the idea "Rocket to the Moon" and got a good 150%+ growth in a short period of time , check it out for yourself)
As can be seen from the graph, this rapid growth was stopped by the liquidity zone , where in the past there were big sales well before the fall in May.
It was not possible to break through this zone the first time, so it is logical for the LUNAUSD price to go for a correction , and gain new buyers and strength for further upward movement.
We would like to see a correction to the $8.75-9.50 zone.
Keeping the price of LUNAUSDT in this zone or even above it will signal serious strength and intentions of buyers. As a result, in the future, one can expect one more 150%+ growth to the $22 region, where the previous ATH was recorded.
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LUNA Struggles At Major Resistance, Is ThIs Rally Coming To An E-Luna has risen over 200% this month
-Price has been supported by the 50MA
-LUNA has respected an ascending channel the last 23 days
LUNA has shown immense strength over the last month after price hit lows in May. The large cap cryptocurrencies have been on a steady uptrend the past weeks which has allowed many alts to surge. Terra has outperformed almost all top 100 coins the last month as prices are up nearly 250%. This has investors wondering if the bull market is back in full fledge. BTC still must clear the $55,000 mark to be in a place where we can confirm it is continuing its uptrend this bull market.
After looking at the last month of price action, we can see how Terra has respected an ascending triangle very well (shown in light green). Each time price hits either trend, it gets rejected to the opposite. This shows a very steady uptrend is in place & will continue as long as price stays in the channel. For LUNA to go for another leg, price must break & hold the major resistance zone from $17.33-$18.36. If bulls manage to pull this off, price will then aim to hit the two given targets around $20.
At the time of writing, LUNA is holding above its minor support found at $15.96. In the case bears reject price from breaking its major resistance zone, LUNA must hold its current support to save itself from a further downfall. If bulls fail to hold this area, LUNA will have one last shot at holding the bottom trend of the channel. If selling pressure increases & both these marks break, LUNA will then be in a confirmed downtrend & will likely sweep back to around $15.00. The 50MA has held price up for over 20 days & a break below this mark will be the last confirmation needed to say LUNA is in a short term downtrend.
While looking at the MACD, we can see it has spent most of its time in bullish territory the last 3 weeks. The only concerning part is that the MACD now has a curved top which may show a slight trend change is underway. If the MAs break below the 0 value back into bearish territory, be prepared for a fall to $15. The Stochastic RSI has just visited oversold territory for the first time in 3 days. If the strength gets stuck below the dotted line, we can expect further sell off & inversely if it can break upwards past the 20 value, another bullish push may be underway.
LUNA Intraday Analysis
Spot rate: $16.70
Trend: Bullish
Volatility: High
Support: $15.96
Resistance: $17.33
Terra (LUNA) - August 13Hello?
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Have a nice day.
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(LUNAUSD 1W Chart)
If the price is maintained above the 5.34838629-7.12617120 range, we expect the uptrend to continue.
(1D chart)
It remains to be seen if the 15.87245809-16.86020045 zone can find support and move above the 18.55048090 point.
If it falls from the 15.87245809 point, you can touch the 13.75549770-11.94771610 section, so you need to trade carefully.
You should see if the center line rises as the green color of the OBV on the volume indicator increases.
On the CCI-RC indicator, we need to see if we can accelerate the uptrend by moving the CCI line above 100 points.
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(LUNABTC 1W chart)
If the price is maintained above the 11711 Satoshi-17431 Satoshi section, it is expected that the uptrend will continue.
(1D chart)
It remains to be seen if the 35702 Satoshi-37131 Satoshi section can find support and rise above the 39847 Satoshi point.
If it falls in the 29723 Satoshi-31963 Satoshi section, you can touch the 25242 Satoshi point, so you need to trade carefully.
25242 If it is confirmed that it is supported near the Satoshi branch, it is possible to enter.
However, it is expected that the direction will be decided again in the section 29723 Satoshi-31963 Satoshi, so you should think about it.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)