LUNA/USD Daily TA Neutral BearishLUNA/USD Daily neutral with a bearish bias. Recommended ratio 35% LUNA, 65% cash. Price is currently testing $92.78 minor support for a third consecutive session as the 50 MA is slowly moving up (currently at $89.80). Volume remains low and ended up closing yesterday in the green, breaking the 4 day selling streak. Parabolic SAR flips bullish at $116.50. RSI remains trending down at 46 as it approaches a formal test of the descending trendline from August 2021 at 44. Stochastic remains bearish at 3.50 and is currently forming a trough in an attempt for a bullish crossover. MACD remains bearish and is currently testing 3.32 support with no signs of trough formation. ADX continues to trend down at 26 as Price faces selling pressure, this is neutral at the moment. If Price is able to establish support at $92.78, then it will likely retest $100-$102.60. However, if Price breaks down here, then it will likely retest the 50 MA (at $89.70) before potentially retesting $84.05 support.
*Occasional fundamental analysis on my Twatter*
Terra
Terra (LUNA) Buy ZoneTerra (LUNA) Buy Zone
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BIAS
Short-Term : Bullish
Mid-Term : Bullish
Risk : Medium
Currently trading around $95 zone is showing short-term signs of bullish after reaching its ATH.
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$LUNA/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 92.55 - 95.1
TP 1 : 96.3
TP 2 : 97.8
TP 3 : 99.1
TP 4 : 100.3
TP 5 : 101.45
TP 6 : 103.15
TP 7 : 104.2
TP 8 : 105.35
Stop Loss : 91.2
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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Anchor (ANC) at demand zone22/3 $ANC - Anchor Protocol is a protocol on Terra where you can deposit bLuna (bonded Luna) and bEth from Lido staking, earn interest on it, and also borrow native $UST against it. Anchor is also famously known as the LUNA defi which has onboarded many with the 20% APY interest on UST deposits/ Currently, ANC has reached a demand zone which is hard to ignore at this point where LUNA / Terra ecosystem is finally blooming with products shipping and LUNA aims to be hovering here. Updates include
sAVAX on ANC - more TVL and partnership with benqi
bATOM on testnet , IBC?
Cross chain integration via wormhole = bSOL soon to come
ANC-UST LP emissions ending
veANC tokenomics, more influential governance utility
Downside include slow shipping speed and technical infancy of the protocol, high TVL should attract hackers. To find out more about Anchor protocol, you may head over here and do a search for “Anchor”
Trading plan - 3 scenarios
Very bullish - 20%
Currently with BTC fluctuating up more than down and together with LUNA/Terra eco boom and AVAX conference, this could possibly play out once any update is published within this timeframe since big money would want more governance tokens to influence votes to their favor. Expecting ANC to have buy pressure and bounce from this demand zone of 2.5-2.7, revisit more local highs at 4.4 where it should face some TPing pressure. This local resistance coincides with the 0.618 fib so I am expecting a reaccumulation after/at this level. Reaccumulation should occur and pump towards recent ATHs around 6 on bullish news, more reaccumulation and then breaking ATHs.
TLDR bounce from here towards old resistances 3.75, 4.4, 6. Adding on confirmed retesting of resistance would provide better risk:reward ratios
Conservative bullish - 50%
Seeing this as a great possibility due to slow shipping and rotation of funds from LUNA/Terra towards AVAX. Conservative bullish strategies involve buying at range lows and selling at range highs. The range of interest is created in Aug 2021 to Jan 22 which constantly gave 5-6 weekly trades of 25-30% on average (only counting longs). We would look to play the same range from this current demand zone once the range is established within 1-2 weeks. Expecting bounce from demand zone towards 0.382 fib at 3.2 and 0.5 fib at 3.8, you can choose to TP whenever it crosses the 0.382 fib and readd at the demand zone 2.5-2.7, or at 3.2 once 0.5fib has been touched to play a bigger crab movement. TLDR repeat adds in demand zone + sells at 3.2~3.8 until comfy and re-add for target of 4.4
Bearish - 30%
BTC might plummet again as it has been ranging, taking down all crypto liquidity and prices. Kucoin bots would be selling ANC and taking down prices. Also any delay in shipping speed would result in non-interest as whales want the cheapest ANC governance ability they can get and that would involve shaking you out at the old support at 1.7 so that they can fill orders on the way down to 1.23
Expecting a fakeout towards the 0.382 fib (3.2), and then breakdown of demand zone which then turns into a resistance, followed by mass selling until older supports 1.23 and 1.7 are reached
As this strategy relies alot on supply and demand economics which personally is reached easily due to the volatile nature of crypto, adding on old supports and a emerging bull market would achieve favourable risk:reward ratios (1.2 to 6 is a 5x, 1.7 to 6 is more than 3x, 2.6 to 6 is about a 2x) and this is just speculation of hitting ATH. Like I said, expecting ANC to be influenced by both AVAX and LUNA ecosystems now. You can purchase spot AVAX or spot UST and LUNA here and get it withdrawn to your DEX wallets to access benqi finance and TerraStation/Terraswap/Astroport respectively.
LUNAUSDT - SHORTBased on technical factors there is a short position in :
📊 LUNAUSDT Terra
🔴 Short Now 94.20
🧯 Stop loss 102.00
🏹 Target 1 87.50
🏹 Target 2 75.75
🏹 Target 3 60.00
🏹 Target 4 47.50
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
LUNA USDT LONG SWING | LUNAUSDT | LONG @ 92 - 93 | TP @ 93.5, 94, 94.5, 95, 95.5 | SL @ 87 | PATTERN = LOW POLE REVERSAL | KUCOIN |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved.
LUNA's 'Master of Coin'This chart is particularly nice and interesting to trade.
Key support area will determine what's next: a rebound and flight higher? or a dip lower?
In any case we are just now Long with a stop loss at 93.5 over here.
A bit about Do Kwon, the 'Master of Coin' at LUNA:
Do Kwon on the 2019 30 Forbes Under 30 - Asia - Finance & Venture Capital - Kwon cofounded Terra to use blockchain technology to develop a more efficient payment system.
Kwon cofounded Terra to use blockchain technology to develop a more efficient payment system. Its eponymous price-stable cryptocurrency, or stablecoin, attracted 40 million users to work with the company at launch in January 2018. With the aim of building a blockchain-based payment system, Terra has raised $32 million from crypto-giants such as Binance, Arrington XRP and Polychain Capital, as well as assembling an alliance of commerce partners including Korean ticketing giant Ticketmonster and travel service Yanolja: www.forbes.com
China Big- China strong.. Chinese people have been scared away from BTC but this smells like Chinese state doing Business... (maybe I am right, maybe I am not, it doesn't really matter). 145 Remains our Target for Luna:
Luna Strong!
The FXPROFESSOR
LUNA/USDT The luna ecosystem is a constantly updated and invested project. If a channel break comes from here, it will fall. But if it clings to the channel, it will provide a 20% return. The luna ecosystem is a constantly updated and invested project. If a channel break comes from here, it will fall. But if it clings to the channel, it will provide a 20% return.
LUNA trading setup idea! 💡This is a low risk trading setup.
Everything I share is how I trade personally.
Please do not take anything I post here as investment advice.
Enter the trade by checking yourself.
Do not put more than 2% of your capital at risk.
I hope you made a profit.
Terra Price Analysis — April 8Following a strong performance over the past few weeks, which climaxed with LUNA peaking at $119.55 on Tuesday, the cryptocurrency has recorded a sharp correction near the $100 price point as the broader market retraces.
This correction led to a breach below the 4-hour 100 EMA, indicating a return to bearish conditions. However, the price has extended deep into oversold conditions on my momentum indicators. That said, a bearish continuation below the $100 psychological mark is unlikely at the moment, given the prevailing market conditions and the presence of my multi-week-long ascending trendline.
However, I do not expect a bullish reversal anytime soon and foresee a sideways pattern between $100 and $110 into next week.
Meanwhile, my resistance levels are $104.00, $110.00, and $115.00, and my support levels are $100.00, $96.00, and $90.00.
Total Market Capitalization: $2.02 trillion
Terra Market Capitalization: $36 billion
Terra Dominance: 1.78%
Market Rank: #9
LUNAUSDT: Huge upside vs modest riskI've been thinking about it and the setup here is probably the best trade to take in crypto markets going into the end of the long term trend signals I had forecasted in $BTCUSD and $ETHUSD as far back as July 2020.
Weekly and daily charts, and also ratios vs $BTC and $ETH show $LUNA can perform incredibly going forward. We all are aware of Do Kwon's stunt, to accumulate a massive $Bitcoin stash to back his $UST stablecoin, and thus reinforce the self reinforced trend present in $LUNA from the start. The last big self reinforced trend we observed in crypto was $Solana and also $Bitcoin and the $GBTC arb play that was absorbing a lot of supply and fueling speculation until the Canadian ETF launched. These trends form tremendous bubbles that George Soros describes as the ideal opportunity to build wealth when identified. The key will be identifying what breaks the self reinforced mechanism, and reverses the trend bursting the bubble that is being inflated here.
The mechanism in question makes each transaction made using Terra’s stablecoin incur a fee which is goes to reward holders of $Luna, the ecosystem's 2nd native token. The Treasury and miners hold these tokens, so higher transaction volumes create more miner demand (which should increase the cost of attacking the network in theory) while giving the Treasury more funds to protect the stablecoin and fund discounts for Terra users who make purchases with the stablecoin (similar to cashbacks). As such, transaction growth will impact $LUNAUSD's price via this mechanism...Can be a double edged blade, and will be interesting to see how this bubble unwinds. For now, it's a good thing to hold considering downside risk and timing of the T@M signals present in the weekly chart.
Cheers,
Ivan Labrie.
SHORT LUNAWe are bullish on the all Terra ecosystem, but looking at the technicals, we can aim at a reversion to the trendline, after the recent ATH.
We will play this trade with a SL above all time high and managing the position with two TPs.
entry @100.75
SL: 121
TP1: 85.2
TP2: 61
LUNA/USD Daily TA Neutral BullishLUNA/USD Daily neutral with a bullish bias. Recommended ratio: 65% LUNA, 35% cash. Price is currently testing the uptrend line from 02/26/22 + $102.60 minor support + the upper trendline of the ascending channel from March 2021; this confluence makes this a critical test. Cup and Handle formations will sometimes breakout and see a retest of the handle breakout, which is what could be happening here. Volume remains low and is on track for four consecutive selling sessions if it closes today in the red. Parabolic SAR flipped bearish earlier today (in yesterday's session) and now would need to retest $119 to flip bullish again. RSI is breaking down out of the uptrend line from 01/30/22 and is currently bouncing at 54.76, the next support is at 51.40. Stochastic remains bearish and is currently testing 21.78 support. Correction to yesterday's analysis MACD would have turned bearish if it crossed below 6.92 minor support, which it did earlier today (in yesterday's session); it is now currently testing the uptrend line from 02/22/22 at 6.19 as support. ADX is currently trending down at 30.46 as Price is falling, this is mildly bullish. If Price is able to bounce here at $102.60 minor support + the upper trendline of the ascending channel from March 2021 + the uptrend line from 02/26/22, the next likely target would be a retest of $111.66 minor resistance. However, if Price breaks down here at this critical level, then it will likely retest $92.78 minor support. Mental Stop Loss: (two consecutive closes below) $102.60.
Trading Signal For LUNAUSDT Terra Trading Setup:
There is a Trading Signal to Sell in LUNAUSDT Terra .
Traders can open their Sell Trades NOW
Rank : ⭐️⭐️
⬇️Sell now or Sell on 112.90
⭕️SL @ 120.90
🔵TP1 @ 98.25
🔵TP2 @ 89.00
🔵TP3 @ 70.65
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments.
LUNA/USDT : Target reached around 120.00 - what next?LUNA/USDT : Target reached around 120.00 - what next?
Previous analysis 08/02/2022 :
Context :
LUNA benefits of the huge fondamental trend of the DEFI and PAYMENTS SERVICES with protocol for specific Stable coin use. One the technical analysis side the market just shaped the perfect move by reaching 120,00 are in a classic wave proportion. Today the RISK/REWARDS is more on the bearish side with some exhaustion signal at the target anticipated at 120.00. It doesn't means the market can't go higher straight away however the probability for this scenario is not high without a pause before which can be developed between the two blue level (Upside and Downside Conf level).
Even the auto-similat structure (Blue Arrow) shows a downside risk even lower at 63
Tactical view - 1 to 3 weeks
On current level
- for tactical holder : Watch 91,70 as trailing stop to play the upside break out towards 148
- for Strategical holder : Lower the weight of LUNA position in portfolio and wait for 91,70 and 63 to add
- for Short-term swing trader in futur contract : Play the range between 91,70 and 121 (Short first, then bounce)
On current level regarding the former analysis, preference to take at least 50% of the profit in order to allocate the funds on an other idea (Listing or in pullback conf)
Listing => AKTIO COIN on Bittrex Exchange the 13/04/2022 (Check my website in signature)
Enjoy My friends
LUNA/USDTPERP BINANCE BEARISH POINT OF INTEREST Bearish point of interest was marked, you can refine it to LTF and check for a ltf choch when it reacts on the POI.
LUNA/USD Weekly TA Cautiously BullishLUNA/USD Weekly cautiously bullish. Recommended ratio: 70% LUNA, 30% cash. Price is in week two of attempting to reclaim the uptrend line from July 2021; it is currently trending down at $108 as it approaches the uptrend line at $104. Volume remains very low and is currently on track to end the six week buying streak if it closes this week in the red. Parabolic SAR flips bearish at $50, leaving lots of room for a downward correction. RSI is currently trending down at 66 as it approaches 64.56 support. Stochastic remains bullish and is currently testing 64.56 resistance; the next resistance is at max top (100.78). MACD remains bullish and is currently breaking out above 14.09 minor resistance at 15.44. ADX is trending up slightly at 40 as Price continues to appreciate, this is bullish. If Price is able to breakout above the ATH at $119.72, Price Discovery will continue and the next likely target is a test of $125 before potentially testing $150. However, if Price closes below the uptrend line from July 2021 at $104, it will likely retest $87.51 minor support. Mental Stop Loss: (one close below) $104.
LUNA/USD Daily TA Cautiously BullishLUNA/USD Daily cautiously bullish. Recommended ratio: 75% LUNA, 25% cash. Price has broken down below the upper trendline of the ascending channel from 02/26/22 ($115-$117) and is currently testing $111.66 minor support (at $108). Volume remains very low and is on track to favor sellers for two consecutive days with a red close in today's session. Parabolic SAR flips bearish at $100, signaling that Price wouldn't have far to fall to crossover bearish (which could also be short-lived). RSI is currently testing the uptrend line from 01/30/22 at 60.13 minor support. Stochastic has crossed over bearish and is currently trending down at 74 as it approaches a retest of 69.86 support. MACD remains bullish and has formed a peak at 8.23; it is currently trending down at 7.55 with the signal line trending alongside 5.05 minor support, if it were to fall below 5.05 minor support it would be a bearish crossover. ADX is trending down slightly at 34 as Price faces rejection, this is neutral for the time being. If Price is able to establish support at $111.66, the next likely target is a retest of the ATH at $119.66. However, if Price closes below $111.66 minor support, then it will likely retest the lower trendline of the ascending channel from 02/26/22 at $102.60 minor support. Mental Stop Loss: (two consecutive closes below) $102.60.
Terra LunaEverything is in the Graph. Bearmarket not yet here, and if we enter a Bearmarket, it will be smoother than you think.
You don't want to be a Shorter, but a "Bottom Fisher" on big projects.
What Is Terra (LUNA)?
Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements.
- Notice in this analysis the perfect harmonic ascension in Fibo Channels.
- i will post older analysis from 2021 in comments.
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Trading Plan
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Buy : 60$-56$ (Gift Buy)
Buy Breakout : 77$+
TP1 : 77$ ( if Luna retrace in Buy Zone )
TP2 : 95$
TP3 : 119$
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SL : under 49$
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Stay Safe, Trade Wisely.
Happy Tr4Ding !
LUNA/USD Daily TA BullishLUNA/USD Daily bullish. Recommended ratio 90% LUNA, 10% cash. Price is currently testing the upper trendline of the ascending channel from 02/26/22 (at $117) as support for the fourth consecutive session. Volume remains very low and has been alternating between buying and selling just about very other day, signaling that there is some consolidation taking place here. Parabolic SAR flips bearish at $100, this is bullish. RSI is currently trending up slightly at 68 and the next resistance is at 74.26. Stochastic remains bullish at 95 after resisting a bearish crossover at 91, the next resistance is at max top (100.88). MACD remains bearish and is currently trending up at 8.23; the next resistance (minor) is at 9.18. ADX is trending up slightly at 35 as Price continues to appreciate, this is bullish. If Price is able to continue its Price Discovery and breakout above the current ATH at $119.76, then it will likely test the Ascending Triangle breakout target at $136.48 before potentially heading higher. However, if Price breaks down below the upper trendline of the ascending channel from 02/26/22 ($115-$117), then it will likely retest $111.66 minor support before potentially heading down to retest $102.60 minor support. Mental Stop Loss: (two consecutive closes below) $102.60.
LUNA/USD Daily TA BullishLUNA/USD Daily bullish. Recommended ratio 100% LUNA, 0% cash. Price Discovery in Effect. Price is breaking out above the upper trendline of the ascending channel from 02/26/22 ($113) after bouncing from the previous ATH at $111.66; it is currently at $116.68 as it approaches a retest of the new ATH ($118.21). Volume remains very low and is back to favoring buyers after favoring sellers in yesterday's session, this strengthens the case for a continuation rally. Parabolic SAR flips bearish at $95.50. RSI is currently trending up at 68.88 and the next resistance is at 74.26. Stochastic remains bullish and is currently trending up at 92.81 as it approaches a retest of max top (100.68). MACD remains bullish and is currently trending up at 7.87; the next minor resistance is at 9.16. ADX is trending up at 35.54 as Price continues in Discovery, this is bullish. If Price is able to break out above the ATH of $118.21, then it will likely test the Ascending Triangle breakout target at $136.48 before potentially testing the Cup and Handle breakout target at $155. However, if Price breaks down below the previous ATH at $111.66, then it will likely test lower trendline of the ascending channel at $102.60 minor support. Mental Stop Loss: (two consecutive closes below) $100.
**NOT FINANCIAL ADVICE, BUT ACTUALLY WTF YES IT IS**
LUNA/USD Daily TA BullishLUNA/USD Daily bullish. Recommended ratio 100% LUNA, 0% cash. Price Discovery in Effect. Price is currently forming a bullish flag as it tests the previous ATH at $111.66 as support; this is after forming a new ATH at $118.21. Volume remains very low and favored sellers in yesterday's session after a two day streak of buyer dominance; a green close today would affirm that yesterday was a consolidation before another leg higher. Parabolic SAR continues to go higher (bullish) and now flips bearish at $95.27. RSI is currently trending up at 68 after bouncing at 66; the next resistance is at 74.26. Stochastic remains bullish and is currently trending up at 91 after bouncing from 69.86 support. MACD remains bullish and is currently trending up past 6.92 minor resistance at 7.72; the next resistance is the ATH at 10.66. ADX continues to trend up at 35 as Price continues to appreciate, this is bullish. If Price is able to break out above the current ATH of $118.21, the next likely target is $136.48 (Ascending Triangle breakout target). However, if Price breaks down below the previous ATH at $111.66 (+ the upper trendline of the ascending channel from 02/26/22), then it will likely retest the lower trendline of the channel from 02/26/22 at $102.60 minor support. Mental Stop Loss: (2 consecutive closes below) $100.
$LUNA UptrendRough sketch of our $LUNA channel. We're bumping the top of the uptrend channel on $LUNA daily. I will wait to see if it comes back down to $102 to accumulate more. I'm a long term investor on this but like to select nice entry points for accumulation.
