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LUNAUSDT trade ideas

LONG #LUNA2USDT ⬆️ $0.7LONG #LUNA2USDT from $0.656 1h TF. The instrument has formed a symmetrical triangle pattern, recently we have seen increased buyer activity and several pressures to resistance, trading volumes have also increased, globally they left a large amount of unrealized liquidity from above, the withdrawal of which I will consider, with the acceleration of the price in the breakdown formation, I expect to see continued growth with the first fixation at $ 0.67 and the second $ 0.7
Long
by CScalp_EN
LUNA LONG SOON - BUT BEFORE RETEST OF RESISTANCEHi guys, I want to show you my idea on LUNA. In 4h Chart, we see we move from 0.94 - 1.00 price very good, but there is a possiblity that we drop to 0.92 before a pump (bullish breakout) will happen. In daily chart we will soon cross the MACD and RSI for positiv momentum. If the pump will happen, the main goal is 1.13 after crossing RSI and MACD in Daily Timeframe. If we break 1.05, there is good space until 1.25. If the range will hold, its a perfect entry for long. A range form 0.92 to 1.00 is a good range for an entry. Always have some margin left if something will happen to secure the trade if you do futurecontract. For Spot its a perfect time. Watch the chart always in 30min to find the perfect entry. In my idea you see the 4h chart on PEPE. Entry: NOW or in a range from 0.92 to 1.0 TP1: 1.13 TP2: 1.20 TP3: 1.25
Long
by CryptoChrrizzo
LUNA 8H and Daily timeframe analysisBINANCE:LUNAUSDT As of 28th December 2023, LUNA has violated the local range support and the trendline held snce early November, currently trading at around 0.89 USDT. Although there has been an breakout and retest of the trendline and previous support turned resistance indicating further downsides, the price is currently testing the support around 0.835 and the upper boundary of the old pennant. We have conficting infomation indicating both to the downside and the upside, so we cannot be sure. Personally I would not enter any trades right now until the confimed breakdown of the support level or the breakout above the 1.03 resistance. If the bearish scenario happens, the targets are 0.55 and 0.435 respectively. If the opposite happens and the price manage to break above 1.03, the targets are 1.28 and 1.647, the peak of April 2023. Daily timeframe: Following the Elliott wave theory, we have just finished the fourth wave which is the correction wave, now the next wave would be an impulse wave, leading me to believe this is slightly bullish. Furthermore, it seems like the market is creating an huge cup and handle pattern, which will be created if the price manages to hit 1.647. But without confirmation, I will not entry, this is only speculative. Goodluck trading!
by cuhuy9573
LUNA/USDT Ready for its Next Bull Run? 👀🚀 LUNA Analysis💎 Yello, Paradisers! Prepare for an exciting opportunity with LUNAUSDT as it positions itself for a possible breakout from its descending channel. 💎 Terra has consistently been pushing against a descending trendline, frequently facing resistance at the supply level. Now, there's a growing momentum that suggests LUNA might successfully breach this threshold and progress towards the next key supply zone. 💎 If LUNA encounters difficulties in breaking through the supply level, a bullish rebound from the current demand level appears likely. This bullish outlook is further supported by an RSI divergence, which hints at an emerging bullish trend upon closer examination. 💎 Conversely, a drop below the demand level could lead to a significant bearish trend towards the support level. As the market continues to evolve, it's essential to monitor these pivotal levels closely. 💎 Stay strategic and flexible, Paradisers. Your ParadiseTeam is dedicated to navigating you through these market changes, ensuring you're well-prepared for effective and informed trading decisions.
Long
by MyCryptoParadise_Simon
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