LUNA to 0.002+ after CRASH! I am waiting 78.6-retracement, then 1.618-bullish momentum.
LUNA is recovering from the scratch, and we still have to wait for better entries, dont trust in FOMO news, SEE THE CHART.
CZ, and DO KWON have been telling us that the team will be working.
Lets hope.
Stay safe.
Entries:
0.0000833 or below
Targets:
0.0018
0.002
0.0027
Always invest what you could lose.
DYOR.
Lunausdtanalysis
$LUNAUSDTWhat is Terra?
Terra is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. It utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency Luna, to facilitate programmable payments and open financial infrastructure development. As of December 2020, the network has transacted an estimated $299 billion for over 2 million users.
What is Luna?
Luna is the reserve currency of the Terra platform. It has three core functions: i) mine Terra transactions through staking, ii) ensure the price stability of Terra stablecoins and iii) provide incentives for the platform’s blockchain validators.
The Terra protocol runs on a Proof of Stake (PoS) blockchain, whereby miners must stake their Luna in order to mine transactions. All else being equal, a validator who has staked more Luna has a higher chance of generating the next Terra block compared to another validator who has staked less. In essence, Luna represents a validator’s mining power.
However, in providing network security and validation, Luna holders and stakers are exposed to the price risks associated with the asset. This is because the Terra protocol readily exchanges Terra stablecoins for Luna at their determined exchange rate to maintain the peg. When demand is high and prices are above the peg, it will sell stablecoins for Luna. When demand is low and prices are below the peg, it does the opposite. In this way, validators absorb the short-term volatility of the network.
To compensate for this, validators are given rewards in the form of: i) staking rewards, ii) gas fees, iii) taxes, and iv) seigniorage rewards. Staking rewards are determined by the size of a validator’s stake and are structured to incentivize transaction volume increases. Gas fees and taxes are similar in that a small fee is imposed on all Terra transactions, distributed to validators on a pro-rata basis. Finally, seigniorage rewards are given to validators who participate in the Luna exchange rate oracle process.
These rewards seek to create mining demand that is stable and evergreen throughout all economic conditions. If rewards are increasing, the protocol decreases network fees and seigniorage rewards, and vice versa. More information on Luna and its rewards can be found in Terra’s Docs website, as well as in its whitepaper. Alternatively, you can watch our video to learn about the Luna ecosystem.
lunausdt - UST more quickly.Yellen Cites UST Breakdown While Calling for Stablecoin Rules
Treasury Secretary Janet Yellen said the de-pegging of TerraUSD shows the urgency to have a regulatory framework on stablecoins, which aim to minimize the volatile price swings seen in most cryptocurrencies.
“A stablecoin known as TerraUSD experienced a run and had declined in value,” Yellen said during testimony before the Senate Banking, Housing and Urban Affairs Committee on Tuesday. “I think that simply illustrates that this is a rapidly growing product and that there are risks to financial stability and we need a framework that’s appropriate.”
LUNAUSD Buy $0.20DCA your buy in. If it doesn't fall to 18cents, at least you're part of the trade.
Buy in zones - $0.80, $0.60 and finally in the $0.20 region.
DYOR.
If price falls below 18cents be weary as it is in downwards discovery zone, which is dangerous.
A lot more analysis goes into trading, but this is just a quick overview.
LUNA - Don't panic! Sholi algorithm start the Slow BUY.I'm sure many LUNA holders are shocked. Don't be afraid. Look at what happened last time. Now look at our time. Seem to be? Highly!
If you bought on the spot, hold until the win. Spot is not sold in the red.
My algorithm works for futures and spot. On the spot, he began to buy in the "slow buy" format. It means that it sees more than frightened market participants.
Good luck! Trade with algorithms, it's already 2022!
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
TERALUNA FROM TOP TO BOTTOM. IS IT OVER?I cant believe Luna failing this much.
This is one of the reasons why FOMO in cryptocurrency is bad. Imagine people who rushed to buy when it was on steroid.
Bullshit everywhere 😡
WILL $4 HOLD AS SUPPORT LEVEL?
WILL LUNA EVER RECOVER FROM THIS FALL?
ANC WHICH IS LUNA'S SISTER COIN ALSO FELL TO BOTTOM.
PLEASE:
Be kind to like, comment follow.
LUNA BULLISH OR A TRAP?As you can see, Luna break out Trendline, EMA 20 try crossing EMA 50 in TF 1 Day, Break Resistance.
But, I think it will be correction cause there is Support (Resistance Before) around price 77. Retest for continue bullish.
Next target around 100.
What do you think?
note: only take position after confirmation and do your own research before trading.
LUNAUSD - Bulls Must Maintain TrendlineA chart showing an upward channel on the LUNAUSD pair
A trend line can also be drawn under this channel, this trend line must be maintained
I still have faith in a bull market
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)
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
LUNA and 2017 LTC ComparisonLUNAUSD has been undergoing a long period of consistent growth, just at a slow rate, this was similar to how price behaved before a massive moon on Litecoin in 2017, in which price went from about 55 to 350 USD in one pump
Price action is very comparable
Trading opportunity on LUNAUSDT Based on technical factors there is a short position in :
📊 LUNAUSDT Terra
🔴 Short Now 81.80
🧯 Stop loss 92.20
🏹 Target 1 76.56
🏹 Target 2 70.40
🏹 Target 3 56.30
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
LUNA BUYING SWING SETUPLUNA valid retest after breakout, when correction retest make a falling wedge pattern , Potential breakout and continue down cause any big volume accumulation on support
RSI showing in accumulation zone, Stochastic showing overbought
Entry : 91.85 , 90.7
Target : 95.83 , 99.20, 103.56 , 109.17
Stoploss : 88.2
LUNAUSDT 12h Where to buy Luna safely and sell profitablyA few days LUNAUSDT shows not bad growth, but now the price has come to the liquidity zone of $95-100, where no less strong downward movement may begin.
As can be seen in the global price chart, LUNAUSD price for months moving channel up. Channel width and the possibility of price movement from border to border about 200%
In the vast majority of cases, for ourselves, we consider only secure purchases from strong levels for medium-term trades.
We offer you the same procurement zones:
1. Purchase area at the bottom of the channel - $64-65. The upper limit of the channel and the target for growth is around $210
2. Purchase area $45-50 more designed to place "buckets" in case of a strong fall in the cryptocurrency market.
Of course, the lower, the less likely that these orders will fill, but the risks of sagging deposit are lower, and as we know in the world of cryptocurrency everything is possible)
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)