LUNAUSDT
LUNA/USDT Ready for its Next Bull Run? 👀🚀 LUNA Analysis💎 Yello, Paradisers! Prepare for an exciting opportunity with LUNAUSDT as it positions itself for a possible breakout from its descending channel.
💎 Terra has consistently been pushing against a descending trendline, frequently facing resistance at the supply level. Now, there's a growing momentum that suggests LUNA might successfully breach this threshold and progress towards the next key supply zone.
💎 If LUNA encounters difficulties in breaking through the supply level, a bullish rebound from the current demand level appears likely. This bullish outlook is further supported by an RSI divergence, which hints at an emerging bullish trend upon closer examination.
💎 Conversely, a drop below the demand level could lead to a significant bearish trend towards the support level. As the market continues to evolve, it's essential to monitor these pivotal levels closely.
💎 Stay strategic and flexible, Paradisers. Your ParadiseTeam is dedicated to navigating you through these market changes, ensuring you're well-prepared for effective and informed trading decisions.
LUNA ANALYSIS (4H)It looks like we have a large degree triangle that we are now completing wave D of.
If the count is correct, it is likely that the price will return to the green range to complete the wave e . If the price returns to the green zone, we can think about buy/long positions.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LUNA/USDT has Broken Descending Channel | What's Next?💎Yello, Paradisers! gear up for a captivating opportunity with LUNAUSDT as it gears up for a potential breakthrough beyond its descending channel.
💎Terra has been persistently testing its limits against a descending trendline, often encountering resistance at the supply level.
💎The current momentum is building up, indicating a promising chance for LUNA to surpass the supply threshold and advance towards the next significant supply zone.
💎In the event that LUNA faces challenges in surpassing the supply level, a bullish recovery from the existing demand level seems probable. This bullish perspective is further bolstered by an RSI divergence, which, upon detailed analysis, reveals a bullish trend.
💎On the other hand, if LUNA dips below the demand level, we might witness a substantial bearish movement towards the support level. It's crucial to keep a watchful eye on these critical levels as the market evolves.
Terra (LUNA) Chain Reborn from the AshesTerraform Labs, developer of the Terra (LUNA) blockchain, announced the acquisition of cross-chain portfolio management and analytics startup Pulsar Finance. This announcement comes amid ongoing legal disputes between Terraform Labs and its founders.
The cryptocurrency developer has been dogged by legal issues since the collapse of algorithmic stablecoin TerraUSD, a key element of the Terra blockchain, in May last year. The United States Securities and Exchange Commission (SEC) filed a lawsuit against Terraform in February, alleging that it sold unregistered crypto asset securities and defrauded investors.
Amani said in a written statement that the acquisition of Pulsar provides immediate support to the company, allowing it to quickly bring cross-chain applications to market. “Acquiring Pulsar not only enriches our technology stack, but also adds an incredibly talented team led by three innovative entrepreneurs with a proven track record of building and launching successful applications,” said Amani.
Moon will back to the moonLuna pump with 100% profit last night, and stop at resistance.
in this chart, I will try to explain what happen at luna.
Rising wedge pattern
last night movement stopped at previous resistance trendline and create a big rising wedge pattern .
If luna pullback, rising wedge support can be a new higher low before continue bullish with 68% profit range .
Resistance Line
0.9696 will be next strong resistance, this resistance are next bullish target
Classic support (CSR)
0.5866 are previous resistance and became new support . this point will hold bearish movement
FIbonacci Pattern
0.5843 Classic support are also fibonacci 0.618 support , target from this area at fibonacci 1.272, and this level are same as resistance line. And if this resistance break up , we will see this moon back to the moon .
Don't forget to support this analysis,
If you have any question, do not hesitate to contact me
Your support at this analysis will also support Luna to reach bullish target
Click here to check my other analysis
LUNA/USDT upward momentum? 👀 🚀 LUNA today analysis
💎Paradisers, set your sights on LUNAUSDT! We've observed it positioning itself within a demand zone, hinting at an impending bullish surge.
💎 LUNAUSDT has been diligently tracing a descending trendline and now stands tantalizingly close to a breakout. Should the price ascend beyond this trendline, it could ignite bullish momentum. Its current stance within the demand zone bolsters the case for a bullish outlook.
💎 Additionally, there's potential for a bullish pivot around the .3731 mark. However, be cautious: a descent below this level might usher in a notable bearish phase.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insight
Terra (LUNA) formed a bullish BAT for upto 47% pumpHi friends, hope you are well and welcome to the new trade setup of Terra (LUNA) with US Dollar pair.
Previously we caught more than 28% pump of LUNA as below:
Now on a daily time frame, LUNA has formed a bullish BAT move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
SAY GOODBAYE TO LUNA (VERY BEARISH)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the LUNA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Lunc beginning to get volatile!If there's any token out there that I think will make an impression on the crypto market, it's gonna be Luna Classic! This thing is gonna make a crazy comeback and people are gonna cry when they realise they never bought in at these bargains. The Mother Ship 🚢 is about to leave the bay!