LUNA Bulls Stepping Back inAfter breaking below a rising wedge, the volume to the downside died off and the bulls have re-entered with volume. The price has already broken through the 30.70 short-term resistance, but has had a little bit of a throwback. If the price breaks above 31 with volume, that would be a great long signal imo. My target is the 1.272 log fib, which is at 36.01
Terra
TVK: A Bullish Setup Ready for a BreakoutIn this post, I'll be taking a technical approach to Terra Virtua Kolect .
Disclaimer: This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk.
Analysis
- TVK is a solid project with huge backers like AU21, NGC Ventures, and Hashed
- On the left hand side, we have the arithmetic chart for TVK.
- We can see that a reverse Head and Shoulders pattern has formed within a bigger inverse HnS Pattern
- The necklines and head/shoulders are each marked by the color blue and green
- What's also important to note is that the price broke through the Exponential Moving Average (EMA) Ribbon, and managed to close above
- On the right side, we have the logarithmic chart of TVK on the same time frame
- We can see that the price has broken out of the descending trend line resistance, and is currently trading between two significant support and resistance zones.
- We could anticipate a breakout from the region, creating higher lows and higher highs.
If you like this analysis, please make sure to like the post, and follow for more quality content!
I would also appreciate it if you could leave a comment below with some original insight.
[UPDATE LUNA] DUMP AND THEN CLEAN ROAD TO 100$-130$LUNA
Strong resistance at 14$. I guess we're gonna down and form a macro symmetrical triangle.
First target: 27$-30$
Ultimate target: 100$-130$
LUNA Rides Ascending Channel To ATH, Is a Pullback Imminent?-LUNA has risen nearly 50% the last week
-Price has been in an ascending channel for 3 weeks
-50MA has been holding as support for 3 weeks
LUNA has had a wild ride the last month as prices have risen nearly 350%. BTC breaking above its major resistance mark of $40,000 allowed Terra & other alt coins to explode off their lows. The overall cryptocurrency market has been pumping for nearly a month straight, which brings the question of when will a pullback occur. At the time of writing, many coins have rejected resistance hard & look to be starting some type of retracement. This is a completely healthy scenario which would allow prices to push higher with more strength & stability.
While looking at the ascending channel shown in blue, we can see how price has tremendously respected both trend lines. Each time LUNA has reached either trend line, price has rejected off of it. This scenario just occurred as LUNA hit an ATH of $24 & immediately was rejected further into its channel. For LUNA to continue pushing higher, price must break & hold the major resistance level found from $22.40-$23.98. If this does occur, LUNA will then enter uncharted territory & will form new resistance marks. Overall, this is a very good sign for the crypto market that a major alt coin has breached its previous all time high.
At the time of writing, LUNA is attempting to hold its minor support level of $20.86. If this support can hold, Terra may test its major resistance zone again. In the case that bears continue control, LUNA will likely land at its next minor support level of $19.50. This support is very close to the bottom trend of the ascending channel. This area has a high chance of being the bounce zone for LUNA. Anything below this mark will turn extremely bearish as Terra would break its near 3 week uptrend line. The 50 MA has been holding as support for nearly this entire run. As long as Terra stays above this, it is in a bullish state.
While looking at the Stochastic RSI, we can see how strength just rejected off the overbought region. This is a bearish sign that LUNA may have further to fall before another bullish push occurs. The regular RSI has just experienced a rejection off a resistance level that has been respected 3 other times. With these indicators turning bearish, it is likely LUNA needs a cool off period of retracement.
LUNA Intraday Analysis
Spot rate: $21.00
Trend: Bullish
Volatility: High
Support: $20.87
Resistance: $22.41
Luna Gave 150% growth, but history may repeat, where to buy?Less than a month ago, we published an idea for a pair of LUNAUSDT , where we briefly described the Terra project itself and considered the history of the price behavior of the LUNA token
We jokingly called the idea "Rocket to the Moon" and got a good 150%+ growth in a short period of time , check it out for yourself)
As can be seen from the graph, this rapid growth was stopped by the liquidity zone , where in the past there were big sales well before the fall in May.
It was not possible to break through this zone the first time, so it is logical for the LUNAUSD price to go for a correction , and gain new buyers and strength for further upward movement.
We would like to see a correction to the $8.75-9.50 zone.
Keeping the price of LUNAUSDT in this zone or even above it will signal serious strength and intentions of buyers. As a result, in the future, one can expect one more 150%+ growth to the $22 region, where the previous ATH was recorded.
_______________________________
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 :)
Terra (LUNA) RocketLUNA is severely over-bought but I have a feeling that the BULLS do not care. If LUNA can consolidate at these over-heated levels, it would serve as a good launching point further upside. We should have a retracement soon but this is the wild world of crypto
LUNA Struggles At Major Resistance, Is ThIs Rally Coming To An E-Luna has risen over 200% this month
-Price has been supported by the 50MA
-LUNA has respected an ascending channel the last 23 days
LUNA has shown immense strength over the last month after price hit lows in May. The large cap cryptocurrencies have been on a steady uptrend the past weeks which has allowed many alts to surge. Terra has outperformed almost all top 100 coins the last month as prices are up nearly 250%. This has investors wondering if the bull market is back in full fledge. BTC still must clear the $55,000 mark to be in a place where we can confirm it is continuing its uptrend this bull market.
After looking at the last month of price action, we can see how Terra has respected an ascending triangle very well (shown in light green). Each time price hits either trend, it gets rejected to the opposite. This shows a very steady uptrend is in place & will continue as long as price stays in the channel. For LUNA to go for another leg, price must break & hold the major resistance zone from $17.33-$18.36. If bulls manage to pull this off, price will then aim to hit the two given targets around $20.
At the time of writing, LUNA is holding above its minor support found at $15.96. In the case bears reject price from breaking its major resistance zone, LUNA must hold its current support to save itself from a further downfall. If bulls fail to hold this area, LUNA will have one last shot at holding the bottom trend of the channel. If selling pressure increases & both these marks break, LUNA will then be in a confirmed downtrend & will likely sweep back to around $15.00. The 50MA has held price up for over 20 days & a break below this mark will be the last confirmation needed to say LUNA is in a short term downtrend.
While looking at the MACD, we can see it has spent most of its time in bullish territory the last 3 weeks. The only concerning part is that the MACD now has a curved top which may show a slight trend change is underway. If the MAs break below the 0 value back into bearish territory, be prepared for a fall to $15. The Stochastic RSI has just visited oversold territory for the first time in 3 days. If the strength gets stuck below the dotted line, we can expect further sell off & inversely if it can break upwards past the 20 value, another bullish push may be underway.
LUNA Intraday Analysis
Spot rate: $16.70
Trend: Bullish
Volatility: High
Support: $15.96
Resistance: $17.33
Terra (LUNA) - August 13Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(LUNAUSD 1W Chart)
If the price is maintained above the 5.34838629-7.12617120 range, we expect the uptrend to continue.
(1D chart)
It remains to be seen if the 15.87245809-16.86020045 zone can find support and move above the 18.55048090 point.
If it falls from the 15.87245809 point, you can touch the 13.75549770-11.94771610 section, so you need to trade carefully.
You should see if the center line rises as the green color of the OBV on the volume indicator increases.
On the CCI-RC indicator, we need to see if we can accelerate the uptrend by moving the CCI line above 100 points.
-------------------------------------
(LUNABTC 1W chart)
If the price is maintained above the 11711 Satoshi-17431 Satoshi section, it is expected that the uptrend will continue.
(1D chart)
It remains to be seen if the 35702 Satoshi-37131 Satoshi section can find support and rise above the 39847 Satoshi point.
If it falls in the 29723 Satoshi-31963 Satoshi section, you can touch the 25242 Satoshi point, so you need to trade carefully.
25242 If it is confirmed that it is supported near the Satoshi branch, it is possible to enter.
However, it is expected that the direction will be decided again in the section 29723 Satoshi-31963 Satoshi, so you should think about it.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** 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.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
$LUNA $TERRA this update chart thowhat a beast luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna luna
Terra (LUNA) formed bullish Cypher | A good long opportunityHi dear friends, hope you are well, and welcome to the new update on Terra (LUNA).
The previous idea has produced more than 200% profit rally so far.
Now this time on the 4-hourly time frame chart, the price action of LUNA has formed a bullish Cypher .
Terra (LUNA) formed big bullish BAT for upto 540% rallyHi friends, hope you are well, and welcome to the new update on Terra (LUNA).
On the weekly time frame chart, the price action has formed a big bullish BAT pattern.
Buy and sell targets:
Buy between: $5.028 to $2.81
Sell between: $10.29 to $18.20
Stop loss:
The maximum extent of the potential reversal zone $2.81 can be used as stop loss. Or the $4 support can also be used to decrease the risk.
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility of up to 540%, and the loss possibility is 45%. However, the candlesticks are accumulated above the $4 support. Therefore in order to minimize the risk we can use this level as stop loss.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Terra Luna 1D Soon again rocket launch to the moon?Terra is a blockchain protocol that uses stablecoins pegged to fiat currency to provide a stable price for global payment systems.
LUNA is a Terra token that is used to stabilize the price of protocol stablecoins, and LUNA owners can submit management proposals and vote for them.
For 4.5 months, the cost of LUNAUSDT soared by x80 and this is a cool result.
After a strong rally in growth, a logical correction began. At first, it was smooth, were those who were more cunning were selling out, and during the fall in May, the correction became simply vertical downward. As a result, the price of LUNAUSD corrected by -82% from the maximum.
Further, LUNA investors were waiting for almost two months of consolidation in the zone of $4.70-7.50.
Now we don't really want the price to fall below this consolidation, it's time to complete it and grow back. For this, buyers should not be allowed to drop the price below $5.
Below $4.70-5, there will be an area for a fall, where $3 can act as the first level to stop.
Although, as can be seen from the chart on the way up, more or less liquid zones were $0.77-0.88 and $0.40-0.50 , even we hardly believe in such a pessimistic forecast.
Therefore, for now, we take the white scenario as a basis.
_______________________________
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 MOONA!Hello Traders
How's crypto market for you? Today Im checking 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.
what do you thing about Luna, can it hit its all time high?
Targets 12 - 15 -17
Stop loss 11 - 10
have a nice day
Terra (LUNA) - July 22Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(LUNAUSD 1W Chart)
If the price is maintained above the 3.70489849-5.34838629 range, the uptrend is expected to continue.
(1D chart)
It remains to be seen if the 5.05469988-6.69727011 section can find support and move up.
If the price is maintained at the 6.69727011 -9.98241078 range, it is expected to turn into an uptrend.
To continue the uptrend, you need to break out of the downtrend line.
If it declines from the 5.05469988 point, there is a possibility of entering the mid- to long-term investment area, so careful trading is required.
-------------------------------------
(LUNABTC 1W chart)
If the price holds above the 11711 Satoshi point, it is expected that the uptrend will continue.
(1D chart)
If the price is maintained in the 18421 Satoshi-23931 Satoshi section, it is expected that the upward trend will continue.
It should rise above the 26685 Satoshi point to accelerate the upward trend.
If it falls in the 17431 Satoshi-18421 Satoshi section, Stop Loss is required to preserve profit and loss.
However, it may follow an uptrend line, so you need to trade cautiously.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** 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.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, or BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
🆓Terra (LUNA) July-8 #LUNA $LUNALUNA is quite strong with a fairly steady increase in volume, so it is likely that it will conquer the $7.5 zone to continue rising to the $9 and $12 zone by the end of July. However, if it loses the $6 zone, it will have to go back to the $4.50 zone
📈BUY
🔴Buy : 5.85-6.15$. SL if B
🔴Buy : 7.3-7.7$ if A. SL if B
📉SELL
🔴Sell : 7.3-7.7$. SL if A
🔴Sell : 8.8-9.2$. SL if A
🔴Sell : 11.7-12.3$. SL if A
♻️BACK-UP
🔵Sell : 5.85-6.15$ if B. SL if A
🔵Buy : 4.4-4.6$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
Terra (LUNA) - July 2Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(LUNAUSD 1W Chart)
We need to see if we can continue the upward trend by moving above the 7.12617120-8.71867222 section.
(1D chart)
It remains to be seen if the 5.59660673-7.41981257 section can find support and move up.
We need to see if we can break out of the downtrend line while maintaining the price at the 7.41981257-11.06622448 zone.
-------------------------------------
(LUNABTC 1W chart)
If the price is maintained above the 11711 Satoshi-17431 Satoshi section, it is expected that the uptrend will continue.
(1D chart)
We have to see if we can sustain the upward trend by maintaining the price by moving up to the 20035 Satoshi-26083 Satoshi section.
If it goes down, we should see support at the 13987 Satoshi point and see if it can move up along the uptrend line.
If it falls from the 10964 Satoshi point, it will enter the mid- to long-term investment area, so careful trading is required.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** 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.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
LUNA - Weekly MACD Confirms Major Fall From GraceTitle says it all. MACD has crossed and there is no coming back from this, it is a reversal and I will be looking to buy for pennies down the road.
I first called LUNA top at $17 before the crash and can you imagine received a lot of unhappy comments.
Terra LunaLets talk about Terra and specifically Luna. Solid fundamentals, huge ecosystem, a fan favourite as a payments project. Not familiar, this will get your toes wet:
How does Terra work? www.youtube.com
Luna had an incredible run up in February like many altcoins did before going through a staggering 54 day accumulation period. During this time, most alts in the top 100 (all except CRO I believe, despite the launch of their Visa card) ran once or twice more, establishing new all time highs. Luna on the other hand, moved sideways, loading up like a spring, yet remaining highly sensitive to BTC downtrends.
Many had their stop losses triggered during the violent BTC resistance rejection last night and are holding onto fiat scratching their heads. If you're cool calm and confident, take a look at Luna and Terra's ecosystem, and think about the current channel. I see this as undervalued.