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Terra

A Technical Reason to be out of LunaHi Traders, Back in August-September 2020, Terra (LUNA) experienced an Ascending Head and Shoulders patten which resulted in the price falling back to the trough of the first shoulder. This didn't matter because then Luna rallied beyond peoples expectations right after. However, this is important because we are experiencing a very similar pattern at the moment. Now from the looks of it, the fractal and target of the ah&s pattern looks like we will probably fall to $52 per Luna by Feburary 1st. This would be a great buying opportunity howver in the immediate short term.. if LUNA manages to break support, I think a 3x short isn't a bad move! Anyways, hope this helped. Safe trading, -Pulkanator
Short
by Pulkanatir
5
Terra (LUNA) correction after new ATH...Terra (LUNA) correction after new ATH... ... perfectly played out as proposed on December 23th. ... look how perfect the price interacted at the proposed volume levels. On the daily chart LUNA has to break the volume resistance and FIB golden pocket. What do you think? 😎 Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison. *not financial advice do your own research before investing
LLong
by Crypto4Everybody
3
Catch quick 25% up. Terra still bullish in a correcting marketThe current correction should’ve been expected after such massive moves by a lot of cryptos last year, nevertheless, the wider crypto market is still apparently in a bullish cycle. Terra bouncing off the 50 day ma. Rsi is in good support zone and the previous day is a green hammer candle which signals a possible reversal as the bulls are taking back control. Looks ready to continue it’s uptrend and retest it’s previous high. I see a possible head and shoulders pattern forming. A 25% move upwards is on the table from it’s current position @80.1usd. Tp1 - 90usd, TP2 - 100usd, TP3 - 120usd. Terra has not caved in to the pressure of the correcting market yet but it’s impossible to specify how long this uptrend continues so be very vigilant. This is not investment advice. Trade with caution and do not risk money you can’t afford to loose a percentage of.
Long
by thefitprogrammer
1
Terra Luna- Algorithmic Stablecoins, Destination 145$Created by start-up Terraform Labs and its co-founders Do Kwon and Daniel Shin in 2018, the Terra blockchain underpins a decentralized finance (DeFi) ecosystem that creates algorithmic stablecoins. Stablecoins, or cryptocurrencies pegged to reserve assets like the U.S. dollar, are frequently used in DeFi applications like lending or borrowing. “Terra is the hot dot among the cool kids in crypto right now,” Hougan says. “People love the team behind Terra, and they love all the various applications being built on it right now.” With nearly $18 billion in total value locked, Terra recently became the second-largest DeFi protocol behind Ethereum, according to data provider DeFi Llama. What are the risks? Generally, financial experts warn to only invest as much as you can afford to lose in all cryptocurrencies due to their risks. The potential for large price swings should be considered and understood before investing. When it comes to Luna specifically, “the bigger risk” is that investors could be subject to losses if Terra’s stablecoins are unable to hold their pegs, Hougan says. Luna acts as a sort of volatility absorption mechanism for Terra’s stablecoins, so Luna’s performance may correspond with that of Terra’s stablecoins, he says. Though Terra’s stablecoins, including dollar-pegged UST, are performing well now, it’s impossible to predict the future performance of any asset and whether it will be able to withstand high volatility or a bear market. In addition, it’s important for investors to be aware of any regulatory issues within a protocol. The U.S. Securities and Exchange Commission (SEC) is currently investigating Terraform over whether it is selling unregistered securities. This subpoena is related to Terraform’s Mirror Protocol, which offers synthetic versions of stocks, and not the Terra protocol itself. Situation does not look as complicated or dangerous like XRP Ripple's case. Despite the risks our outlook remains positive. One Love, the FXPROFESSOR
Long
by FX_Professor
3
🆓Terra (LUNA) Jan-12 #LUNA $LUNA . 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 70$ zone 🔴Buy : 75 - 70 🔴Sell : 90 - 105 - 130 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 70$ zone 🔵Sell : 70 🔵Buy : 60 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation
2
Terra (LUNA) Sell ZoneTerra (LUNA) Sell Zone -------------------- BIAS Short-Term : Bearish Mid-Term : Neutral Risk : High After short term Terra breakdown we could see Terra reach even lower low. This is a extremely dangerous moves but low leverage short orders can be placed for Terra between $66 and $69. -------------------- $LUNA/USDT SHORT SETUP Leverage : x1 - x3 Entry Price : 66 - 69 TP 1 : 64 TP 2 : 61.8 TP 3 : 58.6 TP 4 : 54.75 TP 5 : 51.75 TP 6 : 49.9 TP 7 : 46.75 TP 8 : 42.85 Stop Loss : 80.15 *Maximum 2% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Short
by Zerene
Terra 07012022 2Hexplanation given on chart; we follow the trend and momentum, we are bearish for the moment until we see a flip in demand - supply, if we continue lower i expect 64 - 62 to be the next demand-zone, everything below 77.70 is at discount price so we could see a turnover anytime from here, me myself expect a flip from that major discount zone to complete the healthy retracement, this is for now, always trade your own plan, howdie pull the chart back to see what i did in the past days and understand the structure, stay safe
by MutantInvestmentAssets
LUNAUSDT Update and TargetsHey everyone! So LUNA has moved quite a bit since I first reccommended it as a buy early September due to their upgrade which made LUNA even more deflationary. This is when I entered personally, and I also picked up more during the liquidation event at the beginning of december. Obviously, this has worked out for me and whoever decided to pick some up for themselves around that time. I have not picked up anymore since then, however, if you were looking to get into LUNA the buy zone support is likely where you should start. Thanks again everyone! So, tell me what you think! This is not financial advice. Do your own due diligence.
Long
by mysticalwalrus
6