🔥 LUNC Start Of Bull-Run: This Trade Can Make You Rich!LUNC has been trading bearish ever since the September 2021 top, which means that we've been going down over 1.5 years. This perpetual bearish pressure has to end at some point, and this trade is based on exactly that.
Since LUNC has finally broken through the diagonal resistance, the bulls have the overhand in the short-term. We are going to assume that the bulls will also regain control in the long-term and that the bottom for the current bear market is finally in.
With a target at the current all-time high, we're able to construct a trade with a mind-blowing risk-reward of over 185, which means that for every dollar you risk, you can potentially make 185x amount if this trade will hit it's target, without leverage! Entry placed at previous 4H local top.
If you're a more defensive trader, consider moving the stop down to 8300. Also, partial profit targets of 13000 and 21000 will make this trade less risky.
LUNA
TRADE OF THE DAY | LUNC big breakout potential 14.5%TRADE OF THE DAY | LUNC big breakout potential 14.5%
LUNC is finally looking like a significant move might be on the cards after a long slow grind down. A key breakout of a descending triangle pattern and also a longer term trendline is key. There is a minor divergence although only minor, there is now a key local resistance at 938 it will need to break and very close to overbought territory so further retrace can be expected.
Its a very, very choppy market at the moment so all trades rnare high risk.
LUNC falls in our dedicated area, What is next?LUNCUSDT can go up as it crosses bullish triangle flag as shown in the graph. For any questions you can contact us.
Trade can touch bottom again before taking big direction. We issue prediction after careful analysis. You can enter after doing your own analysis.
ARPA : LONG TERM TARGET 200%After having to study this coin for the longer term, I found out that the small increase did to an important trend that will happen next Monday about blockchain trend.
out of this all let's make a scenario trend for the long term here below.
the target depending on before price actions and important levels of what the coin can gain.
200% in the long term with a target of 0,10 could be a possibility for this coin.
We will follow this coin long term to see the changes.
It's long terms expecting, but if there is a FOMO trend and hype about the blockchain trends, it could go faster.
Any investment can be very risky, as this is also not trading advice.
BTC GROWTH, INFLATION and INTEREST RATEFundamentals and a bit of history
Let's first deal with the fundamentals, what are inflation and quantitative easing?
Inflation is the rise in the overall price level of goods and services in an economy over a period of time. With inflation, money loses its purchasing power, which means that you can buy fewer goods and services with the same money than before. Inflation can occur for a variety of reasons, including increased demand for goods and services, supply constraints, increased costs of production, reduced production, changes in exchange rates, and many other factors. Inflation can have a profound effect on the economy and people's lives, for example, it can lead to higher interest rates on loans, lower purchasing power, lower economic growth, and other negative consequences.
Quantitative easing (QE) by the U.S. Federal Reserve (Fed) is a monetary policy that consists of buying government bonds and other assets in the market in order to increase the money supply in the economy and reduce interest rates. This program was introduced by the Fed in response to the financial crisis of 2008. Since interest rates were already at historic lows, the Fed began buying bonds on the open market to increase the money supply and lower long-term interest rates. This lowered borrowing costs and boosted economic growth. Since then, the Fed has repeatedly used quantitative easing in times of economic crises and lower inflationary expectations. However, while quantitative easing can help stabilize the economy, it can also have negative consequences, such as causing inflation and rising asset prices.
Today's inflation cycle is directly related to the 2020-2021 quantitative easing program. In 2020-2021, the U.S. Federal Reserve again applied quantitative easing in response to the economic consequences of the COVID-19 pandemic. In March 2020, the Fed announced a new $700 billion QE program, which included purchases of government and corporate bonds and mortgage-backed securities. In November 2020, the Fed expanded the QE program by adding another $700 billion to buy government bonds. The goal of the QE program was to lower interest rates to support economic growth and stabilize financial markets during a pandemic. In addition, the Fed cut interest rates to near-zero levels and provided banks with concessional loans. The 2020-2021 QE program helped lower borrowing costs for companies and consumers, increased liquidity levels in the markets, supported economic growth, and of course caused prices to rise and money to decrease purchasing power, in other words, inflation.
In the first half of 2022, the Fed could not turn a blind eye to rising inflation and resorted to the most famous instrument of monetary policy - raising interest rates. Raising interest rates in and of themselves is designed to reduce credit and consumer spending on goods and services, which in turn should lead to lower demand and then lower prices on the supply side. In the supply-side price reduction phase, technology companies and companies whose business model was designed for a low-interest growth market suffer the most. Let us remember Terra/Luna, Celsius, 3AC, FTX, and Voyager. These companies went bankrupt precisely because of the factors of reduced demand for the crypto asset market in general and flaws in product and business models, all of these companies in 2021 and in 2022 were the same, but it is the reduced demand that is destroying them.
Current status
So, back to macroeconomics, up until today all markets existed in the rhetoric that prices were rising, key data to calculate inflation was staying strong and we were a long way from a pause or interest rate cut. Today's data provided the foundation for a growing narrative of a pause in the Fed's meetings and a gradual interest rate cut. Also with that, we should remember that the inflation and target rate data is a lagging indicator and we should not expect sharp changes in monetary policy, just today we got the foundation for the opposite rhetoric and further macroeconomic changes.
What's in store for BTC, medium-term forecast for 3-6 months:
Moderate rhetoric and positive data on slowing growth in goods and services will push BTC up. The end of the rise in inflation brings a cut in the target rate and new liquidity closer
The longer the U.S. government negotiates a new budget ceiling, the weaker the dollar will be. A weak dollar is a great time for BTC as an instrument outside the financial system, operating according to its own laws and principles.
Falling banks and the weakness of the banking system will play to BTC's advantage, BTC in the eyes of the public is a counterweight to the entire banking system.
Luna Classic in potential ADAM & EVE BreakoutLooks like Luna Classic could potentially be gearing up for a breakout on the Eve portion of the pattern. met with a descending wedge on the daily.
Bullish flag pattern!! Cooking❗️❗️LUNCHello, friends, so far, you have not shown any reaction when the market rose in the recent period. I think in the coming days there will be a very strong rise now in the formation of the bullish flag pattern. We are waiting for confirmation with a big breakthrough.
Share your opinion!!
Terra Classic Analyze [Road map!!!🗺️(04/10/2023)]!!!Terra Classic is running on descending channel.
Let's look at Luna on the daily time frame from Elliott Wave theory. It looks like Luna is forming a Doube Three Correction(WXY) correction structure, and I expect microwave A from the main wave Y to finish near the 🟢heavy support zone🟢 and then move to the upper line of the descending channel should grow🚀(➕40%).
Terra Classic Analyze ( LUNCBUSD ) Daily time frame⏰ (Log Scale).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🔥 LUNC Underperforming: Waiting For Break Out!LUNC has overall been going down since September last year. Even when the whole market pumped this year, LUNC is now trading ~23% below the 2023 open, which is a negative feat in itself!
As seen on the chart, there's a massive diagonal resistance that keeps LUNC from doing anything bullish. As long as we're below this line, nothing of importance will happen.
Wait for a break out through the resistance. As soon as we get one, things can get interesting. Note that it can take a while before the actual break out will occur.
Luna Classic Bullish ScenarioLuna Classic has already experienced a lot of depression and sideways movement. I think the door is open for the big players…
TP: 0.0012-0.0013
That is all.
LUNA CLASSIC - DAILY ANALYSIS (BULLISH)Conditions in the LUNC market have been stressful for several months.
Many traders at LUNC have experienced liquidations in recent weeks.
I think this desperation has bottomed out and the big players are on the move.
I'm starting to look for a similarity between today (2/24) and the day before the big bullrun (August 21, 2022).
As for me, I am strongly bullish.
Terra (LUNA) formed a bullish Gartley for upto 18.50% pumpHi friends, hope you are well and welcome to the new trade setup of Terra (LUNA) with US Dollar pair.
Previously we caught more than 100% pump of LUNA as below:
Now on a 4-hr time frame, LUNA has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Big Tuna LUNA this is it right here folks, the moneymaker, the generation shaker, when they talk about life changing money this is what they mean. if anyone wants to compete with elon on the global stage, theyll have to yolo a punt like this and pray it turns around. massive opportunity folks dont sleep!
LUNA2 4 HOUR UPDATE ( TECHNICAL )For more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial.
Please note that any trading updates provided here are for educational purposes only, and it is always advisable to conduct your own research before making any investment decisions. It is important to ensure that all conditions are met before following any trade plan suggested in this update.
LUNA :Will It Experience a New Fall?Recent market analysis, backed by technical analysis (TA), reveals intriguing insights that point to a high probability of a potential breakdown. This analysis depends on the unique view that LUNA, the cryptocurrency, is currently exhibiting.
One burning question on every trader's mind is whether LUNA will experience a new fall, potentially pushing its value below the $0.90 mark.
We will follow the coming time if there will be a breakdown trend on LUNA as the trend is showing at this moment.
✴️ Luna Fail Trade, Chart Setup Update + 5 Steps PatternThree things for LUNAUSDT, the trade signal, the chart setup and the 5-step pattern.
I shared a leveraged trade and this one failed but the chart setup remains the same, meaning that the bullish potential is still active/valid.
First, how you approach a trade is completely up to you based on your experience, goals, capital, risk tolerance, trading style, etc. But I always recommend between 1-5% of your capital per trade, normally 3%. (You are also supposed to have a portion that is specifically for lev. on top of your cash and spot reserves)
If you have a $1,000 USD capital and use 3% on one of these trades and the trade fails, that's $30 down and you still have $970 left to continue trading.
If the trade is a success, just that it breaks up, the potential goes immediately to 100%, 200%, 300% and more, we have many of these results.
That's the importance of following the position size because we diversify because we can't win them all. The majority are hit/win/success and thus short, mid and long-term you end up in profits if you do it right.
Now, the chart setup remains valid.
You can have a good trade go bad.
You can make the right decision and still lose.
You can also have a bad trade do good.
You can make a very bad decision and still end up winning.
The goal is to do it right and have a well defined plan, so that you can control your risk and know everything that is happening at all times.
Ok, the chart...
LUNAUSDT hit a low December 2022, this is the same for most of the Altcoins and recently we looked at LINKUSDT and ADAUSDT and the 5-Steps pattern, you can find this in the related ideas below.
We are at number #3 here and #4 is yet to develop, check Cardano for the details.
We have a higher low in March 2023.
As long as LUNAUSDT trades above the 10-March low the bullish potential remains intact. This is a question I received from one of my supporters.
Then the December 2022 low, above this level the potential for a new high remains valid.
Only if these support levels break then the bullish bias is lost.
Traders can hold easily, knowing this.
Margin traders can increase their collateral or do whatever their plan/experience calls for, this is not financial advice only my experience that I am sharing.
If the support breaks, look at the red arrow. That's a miss.
So the numbers can fail but the chart setup that called for these numbers is still valid... Those that makes sense?
I hope it does.
Namaste.
Terra LUNA Price Target after the U.S. CFTC sued BinanceBinance and its CEO, CZ, are being sued in the US by Commodity Market Regulators in a complaint that claims the defendants committed “wilful evasion of US law”.
This comes after the SEC Charged Crypto Entrepreneur Justin Sun and his Companies for Fraud and Other Securities Law Violations last week.
Binance is responsible for 61.8% of the global crypto trading. Its Market Share is Huge!
I assume we are about to witness a major selloff in the crypto industry.
My Terra LUNA Price Targets:
LUNA/USDT short
Entry Range: $1.20 - 1.30
Take Profit 1: $1.05
Take Profit 2: $0.90
Take Profit 3: $0.75
Stop Loss: $1.55