LUNA based on supportHello everyone, let's take a look at the LUNA to USDT chart over the 1 hour timeframe. As you can see, the price has dropped below the uptrend line.
Let's start by marking the support line and as you can see the first stop loss the price is currently basing on is SL1 - $ 72 if the support breaks, the next stop loss to consider is $ 59, and another is $ 43.
Now let's move on to the targets that we can set for the next few hours, as you can see on the chart, the first target is T1 - $ 75.51 and the next ones: T2 - $ 78.04, T3 - $ 80.02, T4 - $ 82.14, T5 - $ 85.04 and T6 - $ 88.33
Looking at the CHOP indicator, we can see that we have a lot of energy in the hourly interval, so it is worth being careful and hedging your stop loss positions.
LUNA2USDT trade ideas
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)
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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.
Luna trend 4-4hluna has reached the lowest part of this trading range and the trading range can be extended to the bottom of the spike move
trade options
1: seeing pin bar and entry bar for long
2: waiting for a true break in 4h time frame and seeing at least 2 candles breaking the surface of the lowest part of the trading range for entering in a short position
LUNA, triangular shape.The following content is machine translation:
On the daily chart of LUNA, the descending trend line and support are currently forming a triangle pattern. Begin in a tight range, watch for support near 76 and the resistance zone of the downtrend line, bullish above and bearish below.
LUNA reacts with a correction similar to BTCHello everyone, let's take a look at the LUNA to USDT chart on a 1 day time frame. As you can see, the price is moving above the local uptrend line, but is currently based on this line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 72, if the support breaks down, the next one is $ 59 and $ 43.
Now let's move from the resistance line as you can see the first resistance is $ 86, if you can break it the next resistance will be $ 92 and $ 97.
Looking at the CHOP indicator, we can see that a lot of energy has accumulated in the 1-day interval, but due to the BTC correction, the entire market reacts similarly.