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LUNAUSDT trade ideas

To the LUNAMEXC Global has pledged to carry out a month-long buyback-and-burn to reduce the circulating supply of the old Terra markets. The fall of Terra shook the entire crypto market. However, the project has no plans to stay down, having secured backing from crypto exchanges to help it rebuild. In an announcement on Thursday, Terra provided details on an upcoming airdrop of the new native token for its new blockchain dubbed Terra 2.0. The distribution of tokens will proceed on Friday, and holders of Terra Luna Classic (LUNC), TerraUSD Classic (USTC) and Anchor Protocol UST (aUST) who are eligible will receive new tokens Crypto exchanges Binance and FTX noted that they are working closely with the Terra team regarding the upcoming airdrop. Binance stated that it aims to help affected users on the platform by helping Terra with the recovery plan. FTX announced that it will support the airdrop and temporarily halt LUNA and UST markets during the migration. The Terra team said that in addition to Binance and FTX, it’s also working closely with more partner exchanges that will support the airdrop.
Long
by Salamander_Trade
1
LUNA short 15 minutesHello everyone, let's take a look at the LUNA to USDT chart on the 15-minute time frame, currently the price after huge drops is above the local uptrend line. As you know, the TERRA LUNA ecosystem was broken, and the price collapsed with it, so you can still speculate. Let's move on to determining the Stop Loss that we should take into account in the near future: SL1 - $ 0.00012646 SL2 - $ 0.00009991 while the targets we see using the Fib Retracement tool are as follows: T1 - $ 0.00014791 T2 - $ 0.00015863 T3 - $ 0.00016629 T4 - $ 0.00017548 Looking at the CHOP indicator, we can see that we have quite a lot of energy in the 15-minute interval.
Short
by cryptodailyuk
3
LUNA can give good profit soon because price already calm down!Hello my friends, today I want to talk with you about LUNA. After huge price fall 99.9% price grew up for almost 77.000% and now trades around 60% drawdown from local ATH. New coins not printed yet but soon will be hard fork, and we will see new Luna and old Luna tokens. At this moment, price trades in accumulation between support and resistance levels. Support level is 0.0001 $ and resistance level 0.00022 $. I think soon price can break resistance level and exit upward from such long accumulation. First target in this case will be level 0.00032 $ which is around 67% from current price. Second target will be level 0.00043 $ which is around 125% from current price. Wait breakdown or open position now is your decision, but you always should use stop loss. This is an article, not financial advice, always do your own research. If you have any questions, you can write it in comments below, and I will answer them. And please don't forget to support this idea with your like and comment, thank you.
Long
by AtlasTrades
51
Will LUNA be the biggest turnaround of all time?Let's first look solely at the TA. Pro Blue Osc is heading up towards the zero line in a V shaped recovery. RSI is in the buy zone and MACD just completed a Bullish cross. People may say this is silly because it has crashed so violently that it's typical to see indicators moving up after this kind of carnage. Remember, TA is TA and if you caught some of this bounce then you have done very well. TA shows us there is potentially more upside to come. Now let's consider the macro catalysts. If there is a Fork they are stating it will not be a true fork where history is gone and a new coin is created. The proposition states Terra 2.0 will just start with a new Genesis Block. There is also major discussion about a 3% tax being created to fund a major burn, thus reducing supply and allowing MC to rise with a rewarding token price. Either way some whale and or entity has been accumulating LUNA, as retail throwing $100 in each, in no way can create the volume on the buy side LUNA is seeing. Does someone like CZ at Binance have a plan to save the day, make an extraordinary amount of money and secure themself as King of Crypto? Looks like we will soon find out.
Long
by TheKitchenTrader
11
IS THIS THE TIME TO HAVE LUNA BEFORE 27TH ?Luna looks to have some signals for uptrend and this depends on technical analysis - but is this the right moment to buy Luna before 27th ? This question is very important, and the only answer to this is risk management, even if you buy or not, make sure there is no more loss than it should. We will follow Luna to see if this is the point that can start to make luna into a small backend for low-range trading. this update is not trading advice, trade only with a plan, and let's see or this will be a start that could get luna into better levels back.
Long
by Goldenbreakout