LUNAUSDT
Terra (LUNA) formed a bullish Gartley for upto 18.50% 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 100% pump of LUNA as below:
Now on a 4-hr time frame, LUNA has formed a bullish Gartley move for another 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
LUNA :Will It Experience a New Fall?Recent market analysis, backed by technical analysis (TA), reveals intriguing insights that point to a high probability of a potential breakdown. This analysis depends on the unique view that LUNA, the cryptocurrency, is currently exhibiting.
One burning question on every trader's mind is whether LUNA will experience a new fall, potentially pushing its value below the $0.90 mark.
We will follow the coming time if there will be a breakdown trend on LUNA as the trend is showing at this moment.
✴️ Luna Fail Trade, Chart Setup Update + 5 Steps PatternThree things for LUNAUSDT, the trade signal, the chart setup and the 5-step pattern.
I shared a leveraged trade and this one failed but the chart setup remains the same, meaning that the bullish potential is still active/valid.
First, how you approach a trade is completely up to you based on your experience, goals, capital, risk tolerance, trading style, etc. But I always recommend between 1-5% of your capital per trade, normally 3%. (You are also supposed to have a portion that is specifically for lev. on top of your cash and spot reserves)
If you have a $1,000 USD capital and use 3% on one of these trades and the trade fails, that's $30 down and you still have $970 left to continue trading.
If the trade is a success, just that it breaks up, the potential goes immediately to 100%, 200%, 300% and more, we have many of these results.
That's the importance of following the position size because we diversify because we can't win them all. The majority are hit/win/success and thus short, mid and long-term you end up in profits if you do it right.
Now, the chart setup remains valid.
You can have a good trade go bad.
You can make the right decision and still lose.
You can also have a bad trade do good.
You can make a very bad decision and still end up winning.
The goal is to do it right and have a well defined plan, so that you can control your risk and know everything that is happening at all times.
Ok, the chart...
LUNAUSDT hit a low December 2022, this is the same for most of the Altcoins and recently we looked at LINKUSDT and ADAUSDT and the 5-Steps pattern, you can find this in the related ideas below.
We are at number #3 here and #4 is yet to develop, check Cardano for the details.
We have a higher low in March 2023.
As long as LUNAUSDT trades above the 10-March low the bullish potential remains intact. This is a question I received from one of my supporters.
Then the December 2022 low, above this level the potential for a new high remains valid.
Only if these support levels break then the bullish bias is lost.
Traders can hold easily, knowing this.
Margin traders can increase their collateral or do whatever their plan/experience calls for, this is not financial advice only my experience that I am sharing.
If the support breaks, look at the red arrow. That's a miss.
So the numbers can fail but the chart setup that called for these numbers is still valid... Those that makes sense?
I hope it does.
Namaste.
Terra LUNA Price Target after the U.S. CFTC sued BinanceBinance and its CEO, CZ, are being sued in the US by Commodity Market Regulators in a complaint that claims the defendants committed “wilful evasion of US law”.
This comes after the SEC Charged Crypto Entrepreneur Justin Sun and his Companies for Fraud and Other Securities Law Violations last week.
Binance is responsible for 61.8% of the global crypto trading. Its Market Share is Huge!
I assume we are about to witness a major selloff in the crypto industry.
My Terra LUNA Price Targets:
LUNA/USDT short
Entry Range: $1.20 - 1.30
Take Profit 1: $1.05
Take Profit 2: $0.90
Take Profit 3: $0.75
Stop Loss: $1.55
LUNAUSDT IdeaLUNAUSDT LUNAUSD BINANCE:LUNAUSDT
#Crypto
#LUNAUSDT
#BUY
Entry Price: $ 1.1435
✅ TP1: $ 1.5400 ✅ TP2: $ 1.6350
✅ SL: $ 1.2850
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
Binance introduces USDC/USDT pair to help Circle CollapseAfter Luna`s stablecoin collapse, UST:
Now Binance, the biggest crypto exchange, recently introduced the USDC/USDT pair, and now it`s users are able to transform their USDC into Tether.
And let`s be honest, who wouldn`t to that amid this market uncertainty?!
On Saturday, the USD Coin (USDC) stablecoin experienced a drop in value below its dollar peg and reached a historical low.
However, it later recuperated most of the losses after Circle, the company in charge of it, provided reassurance to investors that they would uphold the peg despite their connection to the struggling Silicon Valley Bank.
Circle stated in a tweet on Friday that $3.3 billion of their $40 billion in USDC reserves are held in Silicon Valley Bank!!
I think CZ listed this USDC/USDT pair on purpose, to generate a bank run out of its rival Circle, while they don`t have access to the full USDC liquidity.
Watch out for those Top 5 investors in Circle as well:
1. Goldman Sachs: Goldman Sachs was one of the earliest investors in Circle, participating in a $50 million funding round for the company back in 2015. Since then, the investment bank has continued to support Circle, participating in subsequent funding rounds and helping to promote the adoption of Circle's products.
2. Digital Currency Group: Digital Currency Group is a venture capital firm focused on investing in companies in the cryptocurrency and blockchain space. The firm has invested in numerous companies in the industry, including Circle. Digital Currency Group participated in a $110 million funding round for Circle in 2018, and has continued to support the company since then.
3. Breyer Capital: Breyer Capital is a venture capital firm founded by Jim Breyer, a prominent investor in the technology industry. Breyer Capital has invested in a number of successful technology companies, including Facebook and Spotify. The firm participated in a $50 million funding round for Circle in 2015.
4. Accel: Accel is a global venture capital firm that has invested in numerous successful technology companies over the years, including Facebook, Dropbox, and Slack. Accel participated in a $60 million funding round for Circle in 2016.
5. Pantera Capital: Pantera Capital is a hedge fund focused on investing in cryptocurrencies and blockchain technology. The firm has invested in numerous companies in the industry, including Circle. Pantera Capital participated in a $50 million funding round for Circle in 2015, and has continued to support the company since then.
Looking forward to read your opinion about it!
LUNA can Become Bullish Pretty Easily!(Info+ targets)LUNA is in a Falling Wedge Pattern. This means The Bulls Have Higher Chance To Claim The Trend Than Bears! No Break out Has Happened yet and we shall wait for a Break out But It should Happen Pretty Soon Because there is also a Hidden Bullish Divergence On MACD as well! So The Bullish Chance for LUNA Is Pretty High and we Shall see a Bullish Movement Up to 2$ Pretty Quick!
-LUNA is in a Falling wedge Pattern
-No Break out
-(+RD) on MACD & STOCH DIV
-Resistance 2.5$
-Target for now:1.8$ !
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Thank you for seeing idea .
Have a nice day and Good luck
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🌍Thank you for seeing idea .
Have a nice day and Good luck
The Awakening of Terra and Terra Luna [HARCORE LONG]As the markets go into a phase of taking profits, the pressure of Luna's recovery is increasing. The money outflow will choose a path to follow and USTC is forming extremely bullish formations. I believe LUNAUSDT's recovery is sooner than most think. This recovery will also time it such that the crypto market's first bullish leg will continue after the flag exit. I think of it like this, many with high entries are going to hoard money in to decrease their averages. This is a perfect time for Luna virgins to enter.
LUNCBUSD brief gain to the upside 📖🚀Hello 🐋
Based on the chart
the price is in the parallel channel close to the major support area ✔️
and
we expect to see gain and pump from here ✔️
besides
the range market and many range candlesticks are acceptable scenario too 📖💡🚀
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋