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Terraluna

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
LUNA/USD - Prepare your buy orders @ $50!Luna broke all support levels so far and there is no sign this is going to stop until price reaches $50. RSI, MACD and volume profile support further downtrend. The RSI did not even reach oversold on daily = plenty of space to fall more. What is surprising is the lack of ANY bounce... that one is hard to swallow if you are a Luna holder. However, Luna has strong support at $50, so probably a great area for a nice bounce and relief rally. Prepare your cash if so. BTC is still to set a lower low, if that happens, Luna will fall more, so try to DCA as we go through the levels. I saw some ideas saying Luna can go to $10, which is likely if we enter a bear market... just a matter of time. But it is too early for that. BTC can still pump from $40k. Time will tell, for now $50 looks juicy to me. Luna should definitely be on your top 5 list in 2022, so getting exposure to Luna is good long term. Like and follow if you liked this idea!
Short
by DU09
2
$LUNA - Is it the time to Buy?LUNA has been beaten down from to $80 level to now around $60. RSI is now near oversold levels. MACD is showing a slowdown in selling pressure. This has a chance to reach new highs, based on viewing previous dip opportunities. Such as the dip on December 3rd, going for $71 down to $50, then all the way up to all time highs. We are currently in a downtrend channel. For Longs we would be looking to first get above $64, then above $66. For shorts we would like to stay under $60.
Long
by Smarter_Trades
3
LUNA, in what scenarios can you open a position? LUNA is in the trading range. Now it is dangerous to open trades because it is not known who is stronger sellers or buyers. The best solution is to wait for a clear confirmation to open a position. The first and best scenario is the return of the price to the upper boundary of the trading range, squeezing and breakout. At the moment of breakout there can be a good opportunity to buy. The second scenario is the continuation of the fall, the breakout of the lower boundary of the trading range and the collection of liquidity. In the case of a false breakout there also may be a good buying opportunity. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Long
by Yuriy_Bishko
5
LUNA Cup and Handle 4H Hello everyone, If we take a close look at the 4H LUNAUSDT chart, we can see that after a long bullish, about 3/4 of the cup formation has been completed. Price's target after horizontal resistance (90.30) which must break will be around 103.69 which will complete the cup. The next process is difficult to predict, but there may be hope for the handle to be completed. If my prediction goes right and the cup is completed, I will update my position and expectations. And of course, one of the key points is the 83.81 horizontal support line is the current stop-loss point. Best regards
Long
by Victorinox1884
1
LUNA/BTC Bullish Sentiment Shift I was bearish on LUNA about a week ago. Today, I see a chance for entry based on Fibonacci. The 0.5 Fib line is my stop loss and the 2.0 Fib line is my target, based on the recent rise. This gives about 58% potential gain to 15% potential loss. What caused my sentiment shift from bearish to bullish? Two factors: 1. Today's bullish candle. This could be dismissed because many altcoins are up today. However, LUNA is supposed to be weak, yet it has gone up more than most altcoins today. 2. The obvious support on the drawn trend line. However, it is not the most obvious trade and not the safest to me for the following reasons: 1. RSI divergence is still in place and that that is a bearish indicator. 2. I haven't tested this Fib-based trade. I'm confident about the stop loss, but not confident about the 2.0 Fib target. If you want my latest updated chart on LUNA/BTC, you can view it here . If you appreciate this work, please give a like.
LLong
by TechNerdOmar