Luna inside a cup and handleThe red trendline on the handle could very easily get broken before price action makes it above the rimline of the cup but for now it is valid. The handle currently appears to be a sort of ascending triangle pattern. Considerable upside at play if this pattern validates. *not financial advice*
Terra
Terra vs Bitcoin Chart Analysis (LUNABTC #8)Terra (LUNABTC) is another altcoin that has its own chart and cycle.
Terra is within the TOP15/20 Altcoins by market capitalization and this is why it gets to move before the "herd".
When we mention "Altcoins" we refer to all Altcoins minus the TOP15/20, because these can behave differently than the rest.
LUNABTC we can look at it as FTMUSDT.
If you read the FTMUSDT article you can see that this one is really bullish (click/tap here to see it).
So, not as bullish as Fantom but really, really strong and aiming for a nice-new high.
The recent correction could have been bad but everything is good now that prices are back above EMA10 (green) and EMA50 (magenta).
As long as LUNABTC stays above these levels, the very strong bullish bias remains.
How far up can it go?
The first resistance/target short-term is set at 0.0008489, followed up by 11,282 and finally 13,008 for the new All-Time High.
There can surely be more.
But we go step by step...
Depending on how this one evolves, let me know in the comments and I will share a new chart.
Namaste.
Terra Founder Hints at $13 Billion BTC Terra founder Do Kwon hinted at a future purchase of $13 billion worth of bitcoin to supply the reserves of the protocol in a recent Twitter Space shared with bitcoin enthusiast Udi Wertheimer. In the same Space, Do Kwon explained the new mechanics that the Terra ecosystem is introducing in order to use bitcoin as collateral for its flagship decentralized stablecoin, UST.
Terra Virtua vs Bitcoin Also Bullish (180%+ Easy)Above EMA50 we say the trend is bullish.
Below EMA50 we know the trend is bearish.
TVKBTC is moving above EMA50 today, Monday, and we have a new high in over a month...
We are targeting 180% being conservative, but there can always be more... Much more of course.
Lots and lots of profits coming your way...
I hope you enjoy it.
Namaste.
Terra Virtua Moving Above EMA50 (200%+ Potential)TVKUSDT (Terra Virtua) is moving today above EMA50 after priting a very clear cup pattern.
You can find these bottom patterns all around; a simple cup (marked yellow).
We have triangle bottoms and also cup bottoms, these can be used as strong reversal signals.
We have 7 consecutive green candles as well which has never been seen before on this pair.
Just 3 consecutive green candles gives out the 3 Buddhas Pattern which is bullish, having 7 signals that the bulls are ready to move strong.
You can find the targets on the chart.
Namaste.
Terra (LUNA) - March 21Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(LUNAUSD 1W Chart)
Resistance section: 94.1830410-100.4531699
Support section: around 75.3726536
31.5842288 and above: expected to continue uptrend
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(LUNAUSDT 1D Chart)
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(LUNABTC 1W chart)
0.0009 917 or higher: Expected to create a new wave.
Resistance range: 0.0024670-0.0025845
Support period: 0.0018798-0.0019972
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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A LUNA Tale - play what is given83 and 53 are key supports for me. Will DCA down to 53 if available. The testing of the ATH resistance is strong. If it breaks through, I dont expect a $200 moon mission. $135 - $140 for a sell and a return to $105.
LUNA breaks above $90 as buyers push throughTerra price analysis suggests upwards movement to $93
The closest support level lies at $90.00
LUNA faces resistance at the $92.00 mark
The Terra price analysis shows that the asset’s price action has finally found bullish support to breakthrough the $90.00 mark. If the buyers capitalize on this momentum, LUNA may see the $95.00 mark in the next few days.
The broader cryptocurrency market has observed a bullish market sentiment over the last 24-hours as most major cryptocurrencies observe positive price movements. Major players include AVAXand SOL recording an 11.43 and a 5.82 percent incline respectively.
LUNA🌑 next TargetsAll my previous Targets for Terra have been hit 👇
Now I'm publishing next levels where I think it's wise to take at least some profits off the table. So here are my new targets for LUNA🌑:
TARGET 1: 91.5
TARGET 2: 101.5
TARGET 3: 104
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
LUNA to the moon?Not liking the look of this chart its topping over.
Still very bullish, hopefully it comes a bit lower to get some more before it goes off.
If you don't know about LUNA you should. It has the Anchor protocol which is taking the spotlight in DeFi and paving the way for a new way of finance.
This is real value!
LUNAUSDT WITH THE POSSIBILITY OF A BEAUTIFUL SHORTTechnical analysis regarding the price of TERRA in relation of dollar Tether for the next scenarios, based on daily movement.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
Luna Prepares for 94% RetracementThough this may be the most absurd idea I've made thus far, based on my recent review of Luna's all-time price action, it is my belief that this asset will make a tremendous 90%+ drop to the range of $2.70-$4.
Let's connect if you'd like to figure out how this target was discovered and/or how to better read price action, from a scientific approach.
Maximize profits, minimize loss; surf.