$LUNA - The Way ForwardHEAD AND SHOULDER BEARISH PATTERN SPOTTED.
What does that mean? Bearish Bearish Bearish! We may get to $50 and even lower soon to complete the setup.
But before that, we should expect and plan to catch the next short term rally to $70 possibly.
Entry would be lower time frame after confirming exhaustion.
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LUNAUSDT
LUNA daily chart update and showing accumulation zones.LUNA daily chart is still doing great...with this chart update
what we have to look at are the 2 levels of support boxes...
Both RSI's are literally at the floor...As well as RSI has touched
the support line as well. This looks to be a
great start of accumulation zones now more clearly.
With Luna buying more BTC
to back up their company, they now own more BTC than
TESLA... BIG things happening with this company.
LUNA trend lines#LUNA/USDT
$LUNA can drop more to $60 and $50 that is the same with support zone an ascending support.
🐮 holding this support can increase price to ascending trend line that can act as resistance.
🐻 break down from $50 can drop price to support zone around $20.
LUNA daily has tapped my ascending trendline.This is just an update from my phone bc I don’t have my computer, I have been waiting to see if LUNA would wick my trendline, and it did…so for me, it’s a great time to start accumulating… let’s see what will happens at tomorrow nights close around 7-8pm Eastern time…then we can take a look at the weekly chart candle along with the daily…
LUNA based on supportHello everyone, let's take a look at the LUNA to USDT chart over the 1 hour timeframe. As you can see, the price has dropped below the uptrend line.
Let's start by marking the support line and as you can see the first stop loss the price is currently basing on is SL1 - $ 72 if the support breaks, the next stop loss to consider is $ 59, and another is $ 43.
Now let's move on to the targets that we can set for the next few hours, as you can see on the chart, the first target is T1 - $ 75.51 and the next ones: T2 - $ 78.04, T3 - $ 80.02, T4 - $ 82.14, T5 - $ 85.04 and T6 - $ 88.33
Looking at the CHOP indicator, we can see that we have a lot of energy in the hourly interval, so it is worth being careful and hedging your stop loss positions.
Where to buy LUNAUSD safely ?Almost 3 weeks ago, we warned you that the Lunausdt price was approaching the $95-100 liquidity zone, where a sharp drop could begin, check out the idea below:
As a result, the Lunausd price decreased by -30%.
Do you want to know what might happen next?) So keep reading our idea.
Now the price of LUNAUSDT is approaching the first purchase zone of $64-71, from which will be good a partial set of long positions.
However, it is not necessary to use the entire allocated deposit for the purchase TerraLuna
After all, as we have seen in recent days, the cryptocurrency market may collapse sharply.
Therefore, we consider it a reasonable decision to place part of the orders for the purchase of Luna on the fall below in the liquidity zone $43-46
Well, the medium-term goals for growth are $117 and ideally $210, but about this in our next ideas)
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BTC Forming a Double Bottom, Target will be 57500.On Daily Time Frame Bitcoin is forming a Double Bottom and I am Going Long on it. My Target will be at least 57500. DYOR before taking the trade. Thanks
LUNA daily chart still looks excellent!LUNA daily chart is still doing great...its sitting in the
consolidation support box and the DeMark 9 is reading
it may of hit bottom...The chart is bullish and the Stoch
RSI and RSI are both bullish...With Luna buying more BTC
to back up their company, they now own more BTC than
TESLA... BIG things happening with this company.
Luna trend 4-4hluna has reached the lowest part of this trading range and the trading range can be extended to the bottom of the spike move
trade options
1: seeing pin bar and entry bar for long
2: waiting for a true break in 4h time frame and seeing at least 2 candles breaking the surface of the lowest part of the trading range for entering in a short position
ANC still looking awesome! ANC almost tapped my first price target listed…still bullish and in range to move up and hopefully have a continuation to the upside…this is a chart posted from my trading view phone app, but you can see the progress
LUNA reacts with a correction similar to BTCHello everyone, let's take a look at the LUNA to USDT chart on a 1 day time frame. As you can see, the price is moving above the local uptrend line, but is currently based on this line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 72, if the support breaks down, the next one is $ 59 and $ 43.
Now let's move from the resistance line as you can see the first resistance is $ 86, if you can break it the next resistance will be $ 92 and $ 97.
Looking at the CHOP indicator, we can see that a lot of energy has accumulated in the 1-day interval, but due to the BTC correction, the entire market reacts similarly.