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US500
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240Short
4H US500 4H VIX - Formed a downward 3-wave structure from March 29th with recent 4H candle closed below the low of April 1st - 4516 level is broken down - RSI is bearish - VIX 4H gives bullish divergence on RSI Trigger: - Go short now or wait for a local wave up to 4516-4540 and its reversal based on how candle closes Stop Loss: - 4H close above...
4
Fundamental Analysis: Terra is a decentralized stablecoin platform. Demand for UST decentralized stablecoins is expected to grow due to global market instability, as well as attractive 20% staking. Since LUNA tokens are burned with every UST minted, the price of LUNA tokens is proportional to UST demand. Technical Analysis: - Symmetrical Triangle...
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