Wait for itThis signal will be very short as it's very late in my timezone.
First of all, maybe buying tons of BTC strenghtened UST but definitely didn't help LUNA.
Secondly, you can see this old ascending channel I had on LUNA, it's still valid, I just added a new support which should work according with VLPR and that volume peak you see there in the chart. Now we can expect two outcomes:
1) if next daily candle will have an higher or similar volume and will keep going down it will mean that selling pressure keeps being high ==> support will break and we'll head toward 57 USDT area;
2) if daily candle will will have a lower volume, we'll likely have to expect a reversal, even though it could be a little one
If we touch the channel bottom (57) wait to buy because if BTC goes below 30K we'll likely see again LUNA at lower prices.
Good luck!
Terraluna
LUNA BULLISH OR A TRAP?As you can see, Luna break out Trendline, EMA 20 try crossing EMA 50 in TF 1 Day, Break Resistance.
But, I think it will be correction cause there is Support (Resistance Before) around price 77. Retest for continue bullish.
Next target around 100.
What do you think?
note: only take position after confirmation and do your own research before trading.
LUNA - $15 Area Provides Strong Support. Below that $5.35Traders,
I never thought I'd be writing this post and discussing support on Luna at $5 and $15. But here we are. Literally, days after Luna was one of the most bullish coins on the market. And it is now a very big factor that currently is negatively spreading bearish sentiment over the whole crypto space. It is not the scope of this post to discuss the details of what occurred. I'll save that for one of my update videos, but in short, while attempting to save their pegged UST stable coin, Luna inadvertently added more FUD and selling pressure on BTC which already getting recked.
Anywho, LUNA now become a predominant factor that we must carefully consider to help us gauge more accurately overall sentiment in the crypto space. And right now? We are extremely bearish, driven largely by great fear, uncertainty, and doubt (skepticism). Regaining trust, if it can be gained, always takes some time.
Understanding what future LUNA price might look like can greatly aid us in gaining perspective on the rest of the market.
As of now, LUNA remains on support at $24. However, zooming in to the 1hr/4hr shows a potential bear flag in formation. The price remains extremely fragile and I would not be surprised to see the bears follow through with a move down to the $15 area, a strong area of confluence in which support intersects with an ascending trendline.
Below that we have approx. $5.35, which is super strong support. If it breaks that? ...no one really knows, but I would start to question survivability.
VPVR supports both of these lower levels.
You can see that we have a nice M pattern on the weekly. Should a bounce occur soon, we would move back up to test that $46-$50 area of resistance.
Watch LUNA closely. It may start to become a lead indicator for us here.
Stew
Luna Bearish PatternHi Guys!
Luna is in a bearish pattern. now its going to support line to 76's
After that its going to huge drop to 49.. Thats a good chance for short.. be patient... and be careful..
#LUNA Breaks Down as Terra Finds Support at $60Past Performance of LUNA
The LUNA coin continues to slip versus the USDT when writing. Although buyers are confident, sellers have been firm. As per the performance in the daily chart, LUNA is within a bear breakout formation as bulls are capped below $80. In the previous trading week, the coin is down 11 percent against the USDT. If sellers press, the token could slide below the immediate support, slumping to Q1 2022 lows.
#Terra Technical Analysis
The primary support is $60, flashing with the 78.6 percent Fibonacci retracement level of the Q1 2022 trade range. In a bear breakout formation, the immediate trend is defined and is southwards. As a result, traders may find entries on every correction towards $80. So far, LUNA bear bars are aligned along the lower BB, suggesting intense selling pressure. The immediate target for sellers stands at $60. However, if there are more profound losses, the coin may contract to retest $45—around Q1 2022 lows in a bear trend continuation. Such a move would unwind the gains of March and April, shaping the medium-term trajectory to solidly favor sellers.
What to Expect from LUNA?
The Terra ecosystem is huge and one of the most liquid. LUNA is pinned by determined sellers at spot rates and may slump below $60, heaping more pressure on optimistic Terra bulls.
Resistance level to watch out for: $80
Support level to watch out for: $60
Disclaimer: Opinions expressed are not investment advice. Do your research.
LUNA daily has tapped my ascending trendline.This is just an update from my phone bc I don’t have my computer, I have been waiting to see if LUNA would wick my trendline, and it did…so for me, it’s a great time to start accumulating… let’s see what will happens at tomorrow nights close around 7-8pm Eastern time…then we can take a look at the weekly chart candle along with the daily…
Where to buy LUNAUSD safely ?Almost 3 weeks ago, we warned you that the Lunausdt price was approaching the $95-100 liquidity zone, where a sharp drop could begin, check out the idea below:
As a result, the Lunausd price decreased by -30%.
Do you want to know what might happen next?) So keep reading our idea.
Now the price of LUNAUSDT is approaching the first purchase zone of $64-71, from which will be good a partial set of long positions.
However, it is not necessary to use the entire allocated deposit for the purchase TerraLuna
After all, as we have seen in recent days, the cryptocurrency market may collapse sharply.
Therefore, we consider it a reasonable decision to place part of the orders for the purchase of Luna on the fall below in the liquidity zone $43-46
Well, the medium-term goals for growth are $117 and ideally $210, but about this in our next ideas)
_______________________________
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 daily chart still looks excellent!LUNA daily chart is still doing great...its sitting in the
consolidation support box and the DeMark 9 is reading
it may of hit bottom...The chart is bullish and the Stoch
RSI and RSI are both bullish...With Luna buying more BTC
to back up their company, they now own more BTC than
TESLA... BIG things happening with this company.
Terra: Refreshing 💧Especially as temperatures are rising, it is important to drink sufficiently. Terra seems to heed this advice and has entered the blue zone between $83.07 and $62.20 for a second time to refresh itself. Currently, Terra is making a move to leave the bracing blue area already. However, we primarily expect the altcoin to dive a bit deeper again to finish wave (ii) in blue, ideally in the lower half of the blue zone. Afterwards, Terra should be invigorated enough to move upwards.
Tue Apr 26, 2022 - This Week's Hotness!Traders,
Unfortunately, this week, my video failed to upload to TradingView. However, it is against house rules for me to suggest where you might be able to find the video, so I won't do that here either. 😉 And on TV, I can't simply upload the one I had already made because it takes a live stream and converts it. So, on this one I am stuck posting without the video attached (here at least 😉).
The video explains why I think all of the following coins should remain on "This Week's Hotness" list.
----
Despite our pullback in the markets, there are still some good trade setups to be found. Here are the coins that I have on “This Week’s Hotness” list:
LCX, CULT, SNX, CHZ, SKL, AAVE, EOS, Comp, FOX, Luna (wluna), AMP, DNT, ACH, ASM, Coval, IOTX.
As always, the standard warnings apply. Always keep your eyes on the big dawg, BTC. Never risk more than you can afford to lose. Don’t bet it all on one trade. Diversify your portfolio. Be disciplined about your entry/exit points. Set
stop losses. Etc.
Best of luck to you all!
- Stew
⛓️ 🔗 Useful Links 🔗 ⛓️
(see below - especially my signature 😉 )
TWH - Which coins have pumped and which have dumped?Traders,
Overall our list is doing excellent! Many coins have pumped and many coins have yet to pump. Only a few have dumped and even the dump is really not that significant other than to take the coins out of prime setup.
These coins have pumped and no longer have high potential. I've had to remove them from my list. Congrats to those of you who were in these trades!
OGN
ZRX
KNC
These coins have pumped and I have left them on the list because they still have more to go. Congrats to those in these trades:
WLUNA
SKL
BAL
SNX
EOS
AAVE
APE
These coins have yet to pump but are positioned to do so soon:
CULT
CHZ
LCX
COMP
FOX
And these are the dumpers:
BCH
SHIB
DOGE
ETC*
ETH**
Quick note: Dump is probably too hard of a word. These coins have simply fallen out of prime setup territory.
* I didn’t take ETC out of the list in the video but I should have. That’s why it’s here.
**I overlooked ETH in the video too. It has fallen below the 50 day ma.
LUNA daily is setting up just like I charted last week!LUNA, Daily Chart: This Chart is standing out to me
currently. DeMark9 Indicator is reading "BUY"
The 100 day ema is support, 50 day ema is first
resistance, and Hull Suite is the 3rd resistance.
Its above the Bull Market support band..
.Rsi is reading Bullish Divergence. Its Go Time! Look at the
Circled % gains on the right side. UPDATE 4-19-22
Look at LUNA GO! broke the 100 & 50 day ema in 1
move and found 50 day ema as support. Luna
is moving with this chart set up beautifully.
UPDATE 4-21-22, its now formed a Bull Flag
and sitting on the 50 day ema...look for a move to the
7.86 Fib Golden Pocket.
Terra (LUNA) Sell ZoneTerra (LUNA) Sell Zone
--------------------
BIAS
Mid-Term : Neutral
Risk : High
One of my scenario, if Terra retest this resistance zone, we’re in for a much stronger drop, likely reaching low once again. Terra still shaking our players from both sides making any leveraged short-term position extremely risky.
--------------------
$LUNA/USDT SHORT SETUP
Leverage : x3 - x5
Entry Price : 93.6 - 97.3
TP 1 : 91.6
TP 2 : 88.75
TP 3 : 83.05
TP 4 : 78.75
TP 5 : 74.4
TP 6 : 69.9
TP 7 : 64
TP 8 : 59.8
Stop Loss : 99.5
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
--------------------
LUNAUSDT 12h Where to buy Luna safely and sell profitablyA few days LUNAUSDT shows not bad growth, but now the price has come to the liquidity zone of $95-100, where no less strong downward movement may begin.
As can be seen in the global price chart, LUNAUSD price for months moving channel up. Channel width and the possibility of price movement from border to border about 200%
In the vast majority of cases, for ourselves, we consider only secure purchases from strong levels for medium-term trades.
We offer you the same procurement zones:
1. Purchase area at the bottom of the channel - $64-65. The upper limit of the channel and the target for growth is around $210
2. Purchase area $45-50 more designed to place "buckets" in case of a strong fall in the cryptocurrency market.
Of course, the lower, the less likely that these orders will fill, but the risks of sagging deposit are lower, and as we know in the world of cryptocurrency everything is possible)
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
LUNA - Not the Best Chart ATMLUNA is great, don't take me wrong but it seems to be 'detached' from the market which offers us a good hedging option.
Our chart shows resistance and resistance...
We prefer to be short on LUNA to cover our exposure on Longing other assets (FANTOM and ENJIN today).
Don't forget: this is just our opinion here, remember to do your own research.
One Love,
the FXPROFESSOR
PS. ]Our expectation remains for 145$ , just not now: www.tradingview.com
Jasmy looks good. Cult = Perfect! And don't FOMO in on Luna!Traders,
A little anxiety relief here. Let's put our emotions in the backseat, look to the charts, and do a little technical analysis to observe what the charts are telling us.
- Stew
⛓️ 🔗 Useful Links 🔗 ⛓️
(see below)