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LUNAUSDT

LUNA time to correct after 50% pump? LUNA jumped 50% after the bullish Supertrend Ninja - Clean signal on the 24th Febr (green vertical line on the background). It hasn't made a large correction since. Since the listing on Binance in 2020. The Supertrend Ninja - Clean gave 1 bullish signal (+6247% gains). In 2021 it gave 4 bullish signals, with 2 big bullruns (580% and 90%). In 2022 it gave 1 bullish signal (50%). On 13th April 2022 it signalled a bearish Supertrend Ninja signal. While the price moved the opposite direction soon after. It can still go downwards from my experience. Let's have a look at the other indicators. The Stoch RSI is in oversold levels, pointing downwards. LUNA is still in the Bullish Zone of the Ichimoku Cloud. The RSI is range bound at 50 (40-60). If we take a look at the Average Directional Index ( ADX DI) its still bullish. The +DI (Green Line) is still above the the -DI (Red Line). While the Trend Strength is becoming weak. Since the ADX (Orange Line) is below its 9 Period EMA (Black Line). Currently LUNA is also below its Bollinger Bands Middle, Band Basis 20 Period SMA and the Least Squares Moving Average ( LSMA ). Which also signifies a possible downtrend. Going down here, the next support is at 78.85 USDT. Supports and Resistances are highlighted as grey blocks. Thank you for reading. Namasté 🙏 Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns. What Indicators Do I Use: In the chart I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for downtrends.
by Kch28
#LUNA 4H TECHNICAL ELLIOTT WAVE ANALYSISGiven the formation of the ending pattern in the daily chart, we can expect LUNA uptrend to be over and we are developing corrective patterns. Since the price drop from the price ceiling occurred in 5 waves, we can expect to move upwards in a three-wave zigzag. The target of this small up move could be in the range of $ 100 to $ 111, after which we can expect the price to decline to the bottom of the orange channel, in the range of $ 55.
by KhaniTechnical
2
Luna updateZooming out to the weekly, we still see the double top (M) intact. (Keep in mind that D Tops can bust halfway down the last leg). Switching to the daily I'm looking for 5 waves down. Within those 5🌊 their will be subwaves. So I switch to the 4hr to count the subwaves. We are currently completing the corrective B 🌊 on the 4hr. May see some more sideways movement as prices remain around support. But if I'm right, 🤞🏾 we'll see fives waves heading upwards soon to complete the 5-3-5 pattern on the 4hr. I'm thinking it will end around the 103 resistance area. Once this pattern completes, I'll be looking for a sharp drop in price to follow the bigger pattern on the larger timeframe of 5 waves down. So far all my directional predictions have been accurate. Earlier we were looking for an ABC Pattern after the 1st moon shot from the lows where the ending diagonal was. Now prices have corrected and if I'm accurate, there will be the leg up to the 100-103 area then back down.
Long
by Coinchaser99720
1
$LUNA 4HR 75-100 RangeAfter hitting those ATHs, $LUNA has been chilling in the 75-100 range, albeit more the 88-100 range. This 88-89 level is acting the like the Great Wall of Buyers right now, and IMO, we lose that and we could see the flush to 76. Not pictures, but the 4HR 200MA is at 88.4629 and is acting as the major support from what I can see. Of course if we hold 88, 92 would be looking like the level to take next before testing the near-100s. Nothing too crazy on RSI, basing my TA more of price action and using indicators as backups.
by cloudwalkerxbt
Tue Apr 26, 2022 - This Week's Hotness!Traders, Unfortunately, this week, my video failed to upload to TradingView. However, it is against house rules for me to suggest where you might be able to find the video, so I won't do that here either. 😉 And on TV, I can't simply upload the one I had already made because it takes a live stream and converts it. So, on this one I am stuck posting without the video attached (here at least 😉). The video explains why I think all of the following coins should remain on "This Week's Hotness" list. ---- Despite our pullback in the markets, there are still some good trade setups to be found. Here are the coins that I have on “This Week’s Hotness” list: LCX, CULT, SNX, CHZ, SKL, AAVE, EOS, Comp, FOX, Luna (wluna), AMP, DNT, ACH, ASM, Coval, IOTX. As always, the standard warnings apply. Always keep your eyes on the big dawg, BTC. Never risk more than you can afford to lose. Don’t bet it all on one trade. Diversify your portfolio. Be disciplined about your entry/exit points. Set stop losses. Etc. Best of luck to you all! - Stew ⛓️ 🔗 Useful Links 🔗 ⛓️ (see below - especially my signature 😉 )
COINBASE:IOTXUSDLong
by stewdamus
LUNA/USDT : Moving into a formed falling wedge ! BINANCE:LUNAUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $LUNA has formed a falling wedge which is bullish in majority; But as we all know, The leading bias on market is bearish. Also $LUNA is moving above a critical S/R zone and it's important to hold! That's why the chart comes up with two possible Scenarios... 📈 Bullish Scenario : If $LUNA breaks above the wedge, Then the terms for bulls will comes up with a bullish continuation; But it need to break above the $92's S/R line for further movement! - You can locate your Longs on a proper retest of $92's broken line towards $98's resistance zone. 📉 Bearish Scenario : If $LUNA breaks below the wedge, Then the terms for bears will comes up with a bearish continuation; Also on the Wedge's rejection, We'll face the S/R zone's rejection neither. - That makes this opportunity for Traders to located their Short on a proper retest of broken points ( Wedge or Zone ). Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
Short
by Helical_Trades
22
Will LUNA attack the resistance at $ 114?Hello everyone, let's take a look at the LUNA to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 59.56, if the support breaks down, the next one is $ 81.33 and $ 72.23. Now let's move from the resistance line as you can see the first resistance is $ 104, if you can break it the next resistance will be $ 114 and $ 123. Looking at the CHOP indicator, we can see that we have a lot of energy on the 4-hour interval and the MACD indicator shows an upward trend. The LL / LH-HL / HH formation is building which could confirm the attack at around $ 114.
by cryptodailyuk