Insane parabola Up only due to infinite bids (0.25% per day on 1.4T asset) Next stop 72.5k based on drives
Charted on 21st April RUNE aims to be a decentralised cross-chain dex which offers trading of native assets on-chain rather than wrapped tokens or represented tokens controlled and stored in a cex. Rune is needed to bootstrap liquidity in LPs (in an overcollateralized manner), synergistic with Terra due to decentralised nature and UST adoption, and finally...
22/3 $ANC - Anchor Protocol is a protocol on Terra where you can deposit bLuna (bonded Luna) and bEth from Lido staking, earn interest on it, and also borrow native $UST against it. Anchor is also famously known as the LUNA defi which has onboarded many with the 20% APY interest on UST deposits/ Currently, ANC has reached a demand zone which is hard to ignore at...
Charted on 28th, posting on 30th for $AVAX As this is being written, the AVAX conference is over and has been quite a display of events for many developers and investors looking to get in the best alternative EVM network. Besides being part of the SOLUNAVAX and JEWELUNAVAX narrative. Reasons to be bullish AVAX + subnets - handling many transactions that even...
NEAR has one of the cleanest trading setups currently using fib retracement. It is considered quite resilient during the entire macro panic dump - didn't test the 0.5 at all, on the 4hr candle it was a wick which closed above the 0.618 levels, which was a good bounce level for another 2 times during the retracement and held to $10 quite closely. I am using the...
ATOM is the native coin of the COSMOS ecosystem. Mainly used for governance and staking, it is set to gain better value accrual this 2022. Mainly bullish on the coin due to 1) superfluid staking 2) interchain security 3) NFT marketplace 4) airdrops 5) EVMOS launch. Many of which will increase transaction count. Should value accrual be done right this time,...
Here we look at a possible 3 week trading range for LUNA. Trading the short term can be very tricky because we have Kujira’s buyback function for liq bLUNA always ready, major cascadations are usually due to leveraged borrowers being wiped on Anchor protocol, and UST minting causing reduction of LUNA supply. In the long term, my bias for LUNA is always bullish....
We hit 10b, next stop 100b UST mcap tq DoKwon. Fundamentals intact, OZONE out. Mars Nebula in sight. Near year new targets, we await Fed fud to subside + web 2 onboard + injection of funds into outperformers + potential rotation back into Luna within 3 weeks I think many people think I was nuts to point out range retracement because "up only". Remember I only...
Hello everyone, Beautiful isn't it. This chart was done somewhere during July to August and has been just used to chart the nice parabolic action ever since. There are no words needed, we trade the chart, the prices tell us what to do. This is LUNA, an apex asset like never before, UST minting and adoption, together with Luna burning, buying and staking, is...
Quite bullish on this but structure just got rekt. You could get some nice returns, would add 30% here on OKEx if i could (but their exchange got rekt in my country) and 40% more if it went down, last 30% after it reclaims bullish territory or even enters the previous channel (might want to TP once it bounces off the bottom of the channel, usually support turns to...
It was a great rip and dip and rip, I was also quite baffled how the preparation came in handy to scoop dips exactly at the 48-51 region TLDR: looking for adds at 52, 57 , or reclaim and retest of the fib and parabolic channel at 60-62ish , waiting for ASTROPORT + MARS + UST brr = Luna to 81~97 We have broken out of the ascending channel and back into the...
Ecosystem in LUNA have been failing, looks like only master builder Do Kwon can single handedly save LUNA with busan and korea gaming. Looking to claim the channel's range high at 56 once we breakout of a known fib here To reclaim the exponential momentum we had, we need to consolidate above 63 Discount buying at 39-41 still available if those are just...
Previously Luna fell off the pitchfork we've been using for 1month plus now If I could attribute it, I would pin it to the fact that the dApps on Luna were running slow on release, the UST and LUNA to be locked away for liquidty has not come yet. Luckily IBC went live and there is UST on Osmosis now, so we're awaiting capital rotation to ATOM and COSMOS for DeFi...
Note the 33.7 price tag should be right when Col-5 goes live. Not a bad place to be averaging down, am pretty sure whales will short to liquidate cascade the bLuna's on ANC and buy back cheaper. Have not seen 1week bars for some time, daily and 4h are very good price action so far for range plays. Hope to consolidate at 30 till 30th sept before moon...
I dont make the rules but being in a pitchfork to me means exponential growth and LUNA claiming these levels and reaching above 100 in 3months is garunteed....? UST and burn - IYKYK
if we hover here at the .618 and consolidate above, should be fine towards previous ATH again!! other wise, down to retest 0.312 again, might take 1.5 weeks to play out to 2 again for less bullish case
Basically bullish and bearish scenarios awaiting Bearish - have slanted trendline HNS, and very bad HNS with weird neckline about to be formed - and many US-Sino tension, Covid19, stocks risk-on rally for vaccine, Trump vs Biden, US News basically Bullish - We are also sitting on our trend line, and awaiting minor violation to reach the 61.8% fib retracement