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Lunausdtlong

Not the Time to Be Selling LUNA, High Probability of ReversalLuna was arguably overextended up at $100-90 but has since sold off hard in a very short timespan. The RSI is heavily oversold on shorter-term timeframes and recently just hit oversold on the Daily which hasn't happened before since the May Crash (This is notable). Furthermore, we are resting right above the 200 Daily MA which will be a very strong support level. An aggressive entry at this level to play an initial bounce isn't a bad idea. Briefly Addressing Fundamental Perspective of Sell-Off The recent sell-off has been exacerbated by fears from depleting anchor yield reserves and Wonderland recent selloff due to ties to a convicted frauster . From a fundamental perspective, these fears are overblown and unwarranted, but the market sometimes doesn't understand or simply doesn't care when it's scared. If anything, LUNA's stablecoin (UST), has proven its ability to hold its peg; arguably the biggest stress test it's facing in its history. Do Kwon, also implied recently that TFL will be topping up Anchor's yield reserving with a 300 Million donation which should have alleviated much of the yield reserve concerns yet it seems there many are still unaware as I still sell people asking what is going to happen when the Yield Reserve depletes all over social media. Fundamentally, not much has changed if anything it's stronger than ever. If anything its ecosystem is bigger than it's ever been, $UST has recently just been listed on a number of big exchanges. And the circulating supply of LUNA continues to be burnt on more or less a daily basis.
Long
by CryptoCentsTA
9
#LUNA analysis in depthOkay so i was lazy enough to not draw more but to write. Look, Parallel channels doesnt stays long, what we call as Supernova, Its like being stoned but the reality is worse and what we see is Waterfall now, Imagine bought at 37 and it went to 103! Didn't booked profits, WHY! WHY wont you! These will actually come at your levels again if you dont book profits. LUNA is coming to near 43 and 40 and ends in 38, Pre long levels are near, DONT Gamble and wait for historic wick support. NOT MANY KNOWS, BUT 4 HOURS WICK IS MAIN AS IT FOLLOWS AND LEARNERS KNOW THAT ATLEAST THE LAST DIP IS KNOWN ONTO THIS.
by MastaCrypta
LUNA/USDT 4HOUR UPDATEWelcome to this quick LUNA/USDT analysis. I have tried my best to bring the best possible outcome to this chart. Reason of trade:- LUNA/USDT Triangle pattern create to buy the dip and green zone Entry:- buy green zone Traget:- 75% to 100% Stop loss:-Support trend line downside candle close Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native language Do hit the like button if you like it and share your charts in the comments section.
Long
by CryptoSanders9563
LUNA/USDT 4 HOUR UPDATE Welcome to this quick Update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. I have tried my best to bring the best possible outcome in this chart. KAVA/USDT broke out of descending channel now, coming back to retest the channel. Entry: BUY UPSIDE THE 21 MA OR WHITE TRENDLINE Targets: 30%% to 40% Stop Loss: $ 73 What's your thought on this? Do hit the like button if you like this update and share your views in the comment section. Thank you #PEACE
L
by CRYPTOMOJO_TA
💡Don't miss the great buy opportunity in LUNAUSD @terra_moneyTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (76.42). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . LUNAUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 63. Take Profits: TP1= @ 87.34 TP2= @ 93.99 TP3= @ 102.40 TP4= @ 110.00 TP5= @ 120.00 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
5