Get started

Luna / TetherUS

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

LUNAUSDT trade ideas

LUNA is Rekt - The How and Why Terra UST was the 3rd biggest stable coin and lost its $1 peg causing LUNA to spiral Once UST lost its peg from $1 to for example $0.50, someone could buy 100 UST for $50 and redeem it for $100 of LUNA and then sell that to USDT — making money on the arbitrage. This essentially is what triggered the Death Spiral for LUNA because the price of LUNA is dropping with the peg, it became race to redeem for LUNA before the value drops below the redemption price The UST peg failed for two main reasons: Curve pool imbalance (On Chain Selling) $350m UST was swapped for USDT using the Curve protocol. This left a disproportionate amount of UST versus other stablecoins in the pool for users to swap against, thus lowering the value of UST "on-chain" Curve is a crucial piece of the DeFi ecosystem, allowing users and dApps to swap stablecoins efficiently. The massive selling of UST on Curve created an imbalance in reserves, leading to the value of UST falling below the peg on the protocol. The remaining portion of UST withdrawn from Anchor protocol was sold on centralized exchanges like Binance driving down the value on those markets as well (Off Chain)
Short
by TrendmasterOfficial
3
DO NOT TRY TO CATCH A FALLING KNIFE!Luna seems to be a logical project. It can thrive in the future and get back into the top 10 crypto by market cap but be careful! It can still be early to buy in! In a week Luna lost around %90 of its value! This means something! Also its stable coin lost around %65 of its value in the last couple of days! In the long term chart doesnt look good! We broke out important support zone with high volume! There are 2 strong support at levels of 5.23 4.08 and price bounce back at around 4.08 today! But there was strong supports around 44 22 18 8 Luna explosively brokeout below all of these supports to lose around %90 of its value! Also volume is insanely high! Every1 is selling! Do not buy from this point! Wait for price to consolidate this week! It can still go below 4.08 area! If it breakdown 4.08 area Supports are 3.06 1.48 0.91 0.55 Take care and act with common sense! We are in a crypto winter! DO NOT BUY without stop loss! Follow for more ideas and charts!
Short
by thegreatwall38
2
LUNA Daily Analysis 5.11.2022🔴 This coin with a 60$ billion market cap is moving towards zero with a 97% correction. 🟢Experience in the crypto market has shown that when the market is willing to pour, the word price floor does not have as much meaning as it does in the rising waves of the ceiling. So do not enter the purchase until the return pattern is seen in the currency in the hope that the currency is on the floor and do not risk your entire capital for a small profit. 💎Seeing the chart above, those who are familiar with the word loss limit and have strictly observed it will smile.
by Trader_Needs
4
Wondering about Luna?As you will have seen me say and as my Followers know well.. If you trade a NEWLY found Cryptocurrency or Stock, it has not always established its true value. It is NEW to the market and lacks price data. You can find these HVA's (high volatility assets) are susceptible to hard and fast falls. This means you can be crunched and crunched fast.. This happens continually throughout history. Things that are unstable - New companies, New tokens/coins always lack price data. They are therefore at risk of shocks that cause a huge depreciation in their value. Investors get wiped out all at once from mass shorting. When this happens you will be shocked. Once it happens you will find out AFTER the fall. So, you do not have to Trade them. IF you do, you can be ultra careful on your risk, grading it inline with the cryptocurrency in question If its a HVA or very new. you can always stick to stable coins/tokens to minimise risk in your trading and look for consistent long term gains with lower risk. This is way safer and you can still make more money over time. You do not need huge wins once or twice. You can trade successfully over time and well.. not gamble. Always Trade light and trade Asset types that are safe.
by WillSebastian
17
Terra Price Analysis — May 11LUNA has found itself in a pickle as it witnesses its worst week in its history. As mentioned earlier, the cryptocurrency has shaved off almost 99% of its value in the last seven days as investors continue to dump and pile up short positions. At this rate, LUNA could drop to the $2 mark before the end of the day. Recovering from such a loss will not be a walk in the park. As it stands, we might never see the $100 price tag for LUNA in 2022. It is safe to say that the technicals do not matter for the cryptocurrency as spectators adopt a watch-and-see stance. Total Market Capitalization: $1.43 trillion Terra Market Capitalization: $2 billion Terra Dominance: 0.14% Market Rank: #38
Short
by Mr_Wogbe_Alex
1
Luna | UST potentially this cycles Bitconnect (Ponzi Scheme)Lets start 2014 we had the famous OneCoin Scam 2018 we had the famous Bitconnect Scam. 2022 we have the new Luna algorithmic stable coin in this case its Luna/UST (Very similar to the Bitconnect price movement/chart) Before I get into why I'm suspicious of Luna lets talk about what these all have in common that makes it so dangerous. 1. They all have some type of yield return you're unable to get anywhere legitimately. 2. These scams always have initial investors that have gotten in very early probably before they knew what they was even purchasing, this causes a massive MLM ladder that the "wealthy" owners of these scams start to promote and completely believe its not at all possible its a scam like some sort of trance because the money and returns are just that good. 3. Come the final stage now the MLM has spread to enough smaller investors that has spiked the price continuously to the point where the some initial investors might want to take profit, this is where they always collapse in the end. Red flags with Luna The founder has no experience in money markets and seems to be a gamer without any high degree of financial education that people are blindly following. The supposedly decentralization of the UST is connected and functioning based on what the (Luna foundation guard) and (Terra form labs) are doing it sounds very much like a reserve banking setup claiming to be decentralized. The main driving force behind UST's growth is synthetic not organic, once again a platform called Anchor Protocol is offering a yield return that nobody else can provide currently requiring the centralized Terra form labs to top up capital to its reserves in order to payout people earning. How does this capital get topped up?, the Luna owned by Terra form labs since conception gets sold to be sent to Luna Foundation Guard that then gets added to the reserves of Anchor Protocol, increasing UST demand. What happens if Anchor reserves empty and Anchor's yield return has to drop back down to reality? stop you're not allowed to ask this. What happens if UST's marketcap passes Luna's marketcap during a bear market? stop you're not allowed to ask this. What happens when the initial rich investors cash out of Luna or staked UST back into a stablecoin like USDT or USDC? stop you're not allowed to ask this. What happens when the SEC finally orders Terra form labs to provide a balance of real cash reserves or eq? stop you're not allowed to ask this. Final thoughts for the future, I believe CBDC's will work along side stable coins such as USDT, USDC as they will be regulated UST will not be regulated and the SEC/ US government is not going anywhere. Below I have provided a chart of Bitconnect that directly shows the same behavior and movement up till the collapse. www.financialsamurai.com
Short
by UnknownUnicorn7947829
2
LUNAs fall is part 2 of a bigger plan i think (pls lets discuss)So everyone wants to make money, so why should an engineered attack just take advantage of one side (short)? My understanding of this manipulation is the following: 1. manipulate LUNA price by extreme shorting 2. take advantage of the UST stablecoin flaw and make LUNA fall hard 3. buy LUNA back at a very low cost 4. simultaneously buy a big amount of longs for a laughingly low price 5. pump LUNA back and redistribute >> BIG PROFIT from short and long <<
Long
by tobsgott
3
LUNA, Major drop MIGHT be on the way !LUNA is on the danger of major drop ! LUNA in most probable scenario has completed impulsive section of a wave cycle and currently is in the major correction. Decline from ATH to around 75 USD stopped by reaching to 0.382 Retracement level of shown 12345 up going wave !. As I see, continuation of down trend to lower Fibonacci level is on the way . I tried to show the probability of drop by thickness of arrows. Thickest one is the most probable target and narrowest is the least. Like many others, LUNA will show a massive bull run after end of correction. ( See related ideas for details.) Why I used " MIGHT" on the title ? since there is a Best case scenario which is good news for bulls. There is possibility that LUNA is just correcting final move up from 43.44 to ATH . In this best scenario LUNA will never go below the labeled wave 4. Currently, I see this best case scenario as the least probable. Hope this analysis to be useful. Thanks for the reading and wish you all the best.
by SaeedSajedi
22