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LUNAUSDT

+70% move for LUNA! LUNAUSDTHey guys thanks for all the support! I appreciate you all greatly! Make sure to LIKE and FOLLOW! Thanks Here is a simple chart i wanted to share with everyone I have placed a LONG position on 20x leverage for LUNA under $2 as i see LUNA at a minimum testing $2.63 and may very well go to its previous resistance at the $3.50 level. I may be looking to short the $3.50 level i will keep you guys updated! I am expecting the entire Crypto market to have somewhat of a "Relief Rally" Thanks guys, LiquidMEX
Long
by SolStackz
1
A lot of buyers have come to the party (Exhaustion gap + 600%)Hi everyone. As shown in the chart, a very sizeable gap in prices is created. what might this be? Breakaway gap: Breakaway gaps often occur early in a trend (show conviction in the new trend direction). Runaway gap : A runaway gap is when the price opens significantly higher than the prior close in an established uptrend (S&P500). Exhaustion gap: exhaustion gap occurs near the end of a trend (An exhaustion gap signals a reversal in trend direction). A bullish exhaustion gap occurs near the end of a downtrend and is caused by a final group of sellers, who regret not having sold prior* Tatget= a move equal to the size of the gap (+ 600%) *A bearish exhaustion gap works exactly the same way but in reverse.
Long
by BTC-XLM
2
Terra Analyze (Zigzag Correction)!!!🧐Hi, Luna is running in Zigzag Correction (5-3-5). It completed its main wave A by Leading Expanding Diagonal , and now it wants to find the end of main wave C in the Support Zone (6.5$_6.18$). Terra Analyze (LUNAUSDT) Timeframe 15min ⏰ The structure of microwave 4 of main wave C can be a Symmetrical Triangle . 🔴 Resistance Zone : 7.63 $ until 7.48 $ 🟢 Support Zone : 6.5 $ until 6.18 $ Do not forget to put Stop loss for your positions (For every position that you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
by pejman_zwin
2
LUNA Ponzi SchemeThe collapse of Terra's LUNA and TerraUSD cost investors over $40 billion. Some of them lost their lifetime savings, others lost borrowed money and some even committed suicide. This project made investors lose trust in the crypto space as well. The CEO of Terraform Labs, Do Kwon, is facing criminal charges for building a Ponzi scheme in South Korea, Terra investors being victims of fraud. Billionaire Bill Ackman also considered the project to pyramid scheme. Do Kwon was the one behind Basis Cash, another failed algorithmic stablecoin in which people lost $54 million. Terraform Labs also lost US Appeal Securities and Exchange Commission Subpoena. I don`t see a future for this project. There is a chance that its founder, Do Kwon, end up in jail if the criminal charges for building a Ponzi Scheme will turn out to be true.
Short
by TopgOptions
4
Every bear market has been a phenomenal buying opportunity Hi everyone. As shown in the chart , the Luna completed a five leg cycle lower, with that in mind, Bull market: As shown in the chart (black line), the length of the rise to the peak of wave 3, multiplied by 1.236, gives almost (exactly) the distance from the end of wave 3 to the peak of wave 5 (multiplied by 1.618, gives almost the distance from the end of wave 3 to the peak of wave B). Bear market In this case, the wave 1 (blue line) decline is the same (is approximately 100% of wave 3- black line), again ... In each of these markets, the initial measuring unit is the same, the length of the advance from its beginning to the peak of wave 3. All in all, this (Blue cycle) could have represented the whole correction off the lows. What next? A Possible scenario is shown in the chart.
Long
by BTC-XLM
5
Luna Fundamental Analysis (What's happening) A Malicious Attack (UST---> BTC----> Luna). (as you know) Luna Foundation has been buying large quantities of bitcoins for some time, ( purpose in doing so was to provide financial support for the UST (the Luna Foundation holding ($ 2.4 billion) worth of bitcoins). On May 7, 2022, an unprecedented move, $ 2 billion worth of UST tokens were taken out of the Anchor Protocol and several million dollars were immediately sold. Some have speculated that an attacker attempted ( to break UST in order to profit from shorting bitcoin) (that is, betting on its price going down). This heavy sale, considered by many to be a deliberate and planned attack, quickly pushed the UST price below $ 1; which would mean terra's team would have to sell portions ( bitcoin reserve) to repeg the stablecoin (selling this significant could cause the value of Bitcoin to plummet). They (terra's team) sold ,once investors saw that UST lost its peg, they would then rush to unstake and sell their UST, which would require more bitcoin reserves to be sold, adding further selling pressure. (Bitcoin lost about 30% of its value, and at the lowest level was priced at $ 26700) But that was just the beginning. Many expected traders to gradually curb this selling pressure by converting their USTs to Luna on the Tera network. The second problem was those UST holders who, for fear of a further fall in the value of this stable coin, put their tokens up for sale and accelerated the fall in UST prices. These events together led to the formation of a crisis in the Terra network, which coincided with the fall in the value of the UST, the supply of Luna’s turnover in less than three days, from about 370 million units to an incredible 6.530 billion units. Then its value has collapsed in one of the most stunning crypto crashes ever recorded (Over $17 billion in crypto value has been wiped out!). reference: cnet.com News
Long
by BTC-XLM
11