Get started

LUNAUSDT

Luna 99.1% dipHello traders! A week ago LUNA was having fun at 88$ and now within a week, it's now at 0.7xx. It's a 99.1% decline in a week and doesn't know whether it will stop here or it will drop more. It's about a 99.1% drop in a week. This situation also forced BTC to drop more I hope it will not start a chain reaction. Terraform Labs(TFL) is the organization controlling Luna and the Stable Coin 'UST'. UST is an algorithmic stablecoin, which differs from other stablecoins because it has no reserves. Instead, it holds value based on an algorithm that is coded to strike a balance between the stablecoin and a partner coin. In UST's case, that partner coin is its sister cryptocurrency, Luna. Recently Huge Selling started in UST and it dropped to 0.8$ and Luna is supposed to stable the coin at 1$. There is a story roaming that Luna members started a conversation with a group that had 150,000 members and he was challenging that Luna coin will go below 88$, conversation started when it was above 100$ and Luna's member didn't agree and it turned into a war. They started a bet of 10 million$. That's a big bet but by looking at the investment and trust of the world towards TFL they were not supposed to show childish behavior. That guy started a campaign to sell 'UST' and amazingly he was successful. The 'UST' price dropped to 0.38$ and that's a big drop and it's an extremely stressful situation for a company that has very few reserves. Luna was failed to increase the reserves and to stable the 'UST' and because of instability Deposit/withdrawal/transfer was stopped in Terra's coin and we saw huge drop in Luna. Well, he was successful in crashing the Luna. I am sure he should have bought some Luna around 30/40 dip because who thought it will go below 1$. Lol, i am just guessing. Whole cryptocurrency is based on this psychology where a single campaign can crash a multi-billion dollar company in a week also it affected the whole crypto world. A single tweet can start a chain reaction and a coin can fly instantly. The conclusion is that After a Single tweet if a coin can fly and later can give a colossal drop, Luna can also recover after this death drop. Don't forget to hit the like button and follow to stay connected.
by Aadil1000x
4
🌕LUNA: what happened to LUNA and UST? Simple explanation!🌒Hi friends! There is a lot of news coming right now about Luna and the UST (stablecoin 1 UST=1 USD), which momentarily lost its peg to the dollar and lost 39% of its capitalization. The total capitalization of $18.2 billion became $11.1 billion. Now UST after a panic sell-off is returning to a 0,9:1 peg, but is a drop possible in the future? What was the cause and what are the possible scenarios for Luna and UST? 🌓The UST stack itself is an algostable and has a $1 price peg mechanism due to the LUNA selling mechanism. There was panic in the market, and as a consequence of the panicked outflow of funds from LUNA, the algorithm was disrupted as the outflow exceeded the inflow of LUNA providing the peg. 🌖Technical Analysis (TA). ✅Global Scenario. I have noted important support zones that can be identified with horizonal volumes: 1. $14,56-18,2 2. $5,20-7,45 🔥These are global support zones where there is enough liquidity for a big player to open long positions. 🔥The fuel for this drop was the traders who accumulated the moon in the area I noted on the chart. Panic selling knocked the altcoin down by 80% from it`s ATH. Short traders could be the fuel for growth. That is how it works. ✅Local Scenario. The local scenario with trendline breakout. The trendline breakout strategy helps me to identify best entry point, so friends if you want to know how to use it, leave a coment and i`ll try to make an educational idea with simple explanation for you. 🚩Let's not forget that Luna has an $18 billion supply and ranks 3rd among companies in accumulated Bitcoin. Biggest disclosed Bitcoin treasuries: 1. MicroStrategy - 125,051 BTC 2. Tesla - 43,200 BTC 3. Terra - 30,727 BTC 🌕Therefore, it is too early to predict a crash of this altcoin, although you can see how many holders got scared and started to sell off the crypto. Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
14
🌔LUNA: is it time to PANIC or time to BUY? Guys, wake up!🎯Hi friends! From the top 7 most capitalized crypto to the top 32 in 2 days! WOW! Is this really the end for LUNA? In this idea, I will share my thoughts on this project and show you some hidden from retail traders point of view. 💹Luna is already droped by 97% from it`s ATH. It`s not something unusual, it`s a common things on crypto market (2017, 2020), but the cryptowinter become much earlier for this altcoin. Here is more opportunities than at any other markets because there is a lot of beginners that scared when it`s time to open a trade and so greedy when it`s time to close a trade. That's why the crypto is so volatile. ✅This could be the biggest scam in cryptocurrency history or the best buying opportunity in months. If you want to buy this altcoin use small % of your capital and open the trade only after your strategy confirmed it. Leverage is very dangerous at this moment because the market is too volatile, so use spot only. As you may know, the UST has lost its peg to the dollar and has already fallen to $0.25 per UST today. Why did the collapse happen again? All of the Bitcoins that were on Luna Foundation's security were withdrawn from major accounts and sold to secure a peg to the dollar, but that dump the price even lower. 📊I marked 2 value zone for LUNA in the recent idea. The second one is a support for the price now. So if you want to get more info about LUNA techical(TA) and fundamnetal analysis, please check it! 🚩Treasury Secretary Janet Yellen at Tuesday’s Senate Banking Committee hearing said that stablecoins present ‘risks to financial stability.’. This message from the government officer is so clear. Maybe it`s time to hold different stablecoins (USDT, BUSD, USDC etc.) on your wallet or exchanges. 🦢Maybe stablecoins BLACK SWAN is coming? Let me know in comment what do you think about this situation on crypto market? Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
26
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: $0.96 Let me know your ideas. Good luck.
by ShawnMCR
1
DO NOT TRY TO CATCH A FALLING KNIFE!Luna seems to be a logical project. It can thrive in the future and get back into the top 10 crypto by market cap but be careful! It can still be early to buy in! In a week Luna lost around %90 of its value! This means something! Also its stable coin lost around %65 of its value in the last couple of days! In the long term chart doesnt look good! We broke out important support zone with high volume! There are 2 strong support at levels of 5.23 4.08 and price bounce back at around 4.08 today! But there was strong supports around 44 22 18 8 Luna explosively brokeout below all of these supports to lose around %90 of its value! Also volume is insanely high! Every1 is selling! Do not buy from this point! Wait for price to consolidate this week! It can still go below 4.08 area! If it breakdown 4.08 area Supports are 3.06 1.48 0.91 0.55 Take care and act with common sense! We are in a crypto winter! DO NOT BUY without stop loss! Follow for more ideas and charts!
Short
by thegreatwall38
2
LUNA Daily Analysis 5.11.2022🔴 This coin with a 60$ billion market cap is moving towards zero with a 97% correction. 🟢Experience in the crypto market has shown that when the market is willing to pour, the word price floor does not have as much meaning as it does in the rising waves of the ceiling. So do not enter the purchase until the return pattern is seen in the currency in the hope that the currency is on the floor and do not risk your entire capital for a small profit. 💎Seeing the chart above, those who are familiar with the word loss limit and have strictly observed it will smile.
by Trader_Needs
4
Wondering about Luna?As you will have seen me say and as my Followers know well.. If you trade a NEWLY found Cryptocurrency or Stock, it has not always established its true value. It is NEW to the market and lacks price data. You can find these HVA's (high volatility assets) are susceptible to hard and fast falls. This means you can be crunched and crunched fast.. This happens continually throughout history. Things that are unstable - New companies, New tokens/coins always lack price data. They are therefore at risk of shocks that cause a huge depreciation in their value. Investors get wiped out all at once from mass shorting. When this happens you will be shocked. Once it happens you will find out AFTER the fall. So, you do not have to Trade them. IF you do, you can be ultra careful on your risk, grading it inline with the cryptocurrency in question If its a HVA or very new. you can always stick to stable coins/tokens to minimise risk in your trading and look for consistent long term gains with lower risk. This is way safer and you can still make more money over time. You do not need huge wins once or twice. You can trade successfully over time and well.. not gamble. Always Trade light and trade Asset types that are safe.
by WillSebastian
17
LUNA/USDT 1200% Welcome to this quick LUNA/USDT analysis. I have tried my best to bring the best possible outcome to this chart. Reason for trade:- LUNA/USDT bullish trade upside and support green zone buying entry Entry:-CMP and $3.1 Traget:-1200% Stop loss:-Green zone downside candle close Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language If you like it, hit the like button and share your charts in the comments section.
LLong
by CryptoSanders9563
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