LUNAUSDT trade ideas
Every bear market has been a phenomenal buying opportunity Hi everyone.
As shown in the chart , the Luna completed a five leg cycle lower,
with that in mind,
Bull market:
As shown in the chart (black line), the length of the rise to the peak of wave 3, multiplied by 1.236, gives almost (exactly) the distance from the end of wave 3 to the peak of wave 5 (multiplied by 1.618, gives almost the distance from the end of wave 3 to the peak of wave B).
Bear market
In this case, the wave 1 (blue line) decline is the same (is approximately 100% of wave 3- black line), again ...
In each of these markets, the initial measuring unit is the same, the length of the advance from its beginning to the peak of wave 3.
All in all, this (Blue cycle) could have represented the whole correction off the lows.
What next?
A Possible scenario is shown in the chart.
Luna Fundamental Analysis (What's happening)
A Malicious Attack (UST---> BTC----> Luna).
(as you know) Luna Foundation has been buying large quantities of bitcoins for some time, ( purpose in doing so was to provide financial support for the UST (the Luna Foundation holding ($ 2.4 billion) worth of bitcoins).
On May 7, 2022, an unprecedented move, $ 2 billion worth of UST tokens were taken out of the Anchor Protocol and several million dollars were immediately sold.
Some have speculated that an attacker attempted ( to break UST in order to profit from shorting bitcoin) (that is, betting on its price going down).
This heavy sale, considered by many to be a deliberate and planned attack, quickly pushed the UST price below $ 1;
which would mean terra's team would have to sell portions ( bitcoin reserve) to repeg the stablecoin (selling this significant could cause the value of Bitcoin to plummet).
They (terra's team) sold ,once investors saw that UST lost its peg, they would then rush to unstake and sell their UST, which would require more bitcoin reserves to be sold, adding further selling pressure. (Bitcoin lost about 30% of its value, and at the lowest level was priced at $ 26700)
But that was just the beginning.
Many expected traders to gradually curb this selling pressure by converting their USTs to Luna on the Tera network.
The second problem was those UST holders who, for fear of a further fall in the value of this stable coin, put their tokens up for sale and accelerated the fall in UST prices.
These events together led to the formation of a crisis in the Terra network, which coincided with the fall in the value of the UST, the supply of Luna’s turnover in less than three days, from about 370 million units to an incredible 6.530 billion units.
Then its value has collapsed in one of the most stunning crypto crashes ever recorded (Over $17 billion in crypto value has been wiped out!).
reference:
cnet.com
News
#LUNA / $LUNA Descending Broadening Wedge Formation..!!
Looks Promising & In Case of Upside Breakout, Expecting 3X bullish Wave..
LUNAThe price has formed a symmetrical triangle and is preparing to break through its boundary. A breakout of one of the boundaries can determine the nearest price movement trend.
Luna-Expanded Flat-Wave C (Wave 5)
A flat correction is a 3 waves corrective move labelled as ABC.
Subdivision of wave C is in 5 waves impulse,
Wave C = 161.8% of wave B
LUNAVery simple - very clear
This is my personal opinion. Please do not trade based on my analysis and data.
LUNA/USDT Technical Overview#LUNA/USDT TA Update:-
#LUNA 1.0 = -99.99% Dumped
#LUNA 2.0 = -88% Dumped
When #LUNA3.0 ..?
If hold #LUNA $3.30 Support Then we can see $4.20
Otherwise Next Down Wave at $2.5
THE ONLY LUNA ANALYSIS YOU NEEDI think the graph explains itself.
Stop spreading hopium to find bagholders.
Short it.
What if Luna was able to capture $0.001 range?Besides of recent mismanagement of their stable coin ,Luna still the same good project as it was 10 days ago. It is extremely risky to trade this coin but what If taking high risk offers you high yield? I personally decided to take a small risk that I can lose and bought myself some luna at this levels.
LUNA short againLuna v2 gonna dive again
eventual lowest bottom I found for this coin is 0,5$
Important event (One of many) 16-17:00 utc+2 tmrw
Luna to $10According to me Luna is currently is at the verge of leaving a downward wedge.we can see a solid uptrend to $10 in few days
TERRA LUNA CRASH to Zero - Elliot Wave Analysis lunausdtLUNA CRASH to Zero - Elliot Wave Analysis Lunabtc lunausdt
everybody waiting to back on 0.1 or 0.01usd but on chart next hit is $22 , who will buy all that dumped supply ?
LUNAUSDT, LUNA2.0 can be zero againLUNAUSDT trade can see zero bottom again even go in negative territory if trade fails to cross resistance yellow area. Trade will be range bounded between two bars. Invest in this coin cautiously after careful consideration.
LUNA weekly support and resistancesLUNA weekly support and resistances shown on chart, 2 dollar is big support
Another Short Possibility for LUNA.I am not a financial advisor, nor is this financial advise. I am only speculating and paper trading with these charts.
Terra LUNA short Entry Range, Take Profits and Stop LossLUNA/USDT short
Entry Range: $4.40 - 4.90
Take Profit 1: $3.90
Take Profit 2: $2.85
Take Profit 3: $1.99
Stop Loss: $5.67
Luna price growthIn the previous analysis (attached link) it was stated that the third downward wave will end on June 6. After the end of this wave, the upward movement of the price is expected to continue around $ 7.4 until June 9. After that, if the price can break this resistance area with force, the price on June 13 can be around $ 12, otherwise the price will fall again and on June 13 it can touch $ 4.5 again.
