LUNA
dxy DXY back inside the range low marked on the chart.
Lets see if it can push back inside the "support" Trendline and trap shorts shorint heavy on the break of the trend line
A big Squeeze is possible here whcih will be bad for Risk on assets and Bitcorn
Lets see..
Shorted MANA, chart linked below,
LUNAUSDT - LUNCUSDT - USTCBUSDI've been following LUNA for quite a while. Expecting the recovery on March, people are behind the schedule. Markets tend to price earlier. I believe USTCBUSD to break 0.04 and approach 1.00 peg would happen fast, given we break the 0.04 Resistance on USTC, LUNA has a target around 66.00 USDT, with first resistance at 10.00 and second at 20.00
KR,
TERRA Luna PUMP? BTC Longs Dump?I have inverted the TERRA LUNA chart and comparing it to the BTC LONGS on Bitfinex
This is interesting. The longs are still underwater from the 39k-24k mark. With all the price action the BTCLONGS has not even budged.
Luna drop, massive longs taken.
Price drops to the 2x liquidation level (20k)
All the sudden MORE LONGS were taken when CELCIUS had to halt transactions on their coins...
"Published June 13, 2022"
"The crypto-lending firm Celsius Network halted withdrawals and transfers, amid an apparent liquidity crisis, as the price of Bitcoin plunged to pre-pandemic levels."
was this "someone" adding margin to those longs to prevent liquidation?
Say what you will about Terra Luna but I really think there is something unexpected about to happen... just a TA hunch
That is a MASSIVE amount of borrowed money being held at the same time Terra Luna fell... no movement on FTX. Maybe a transfer of wealth happening behind the scenes. I dunno
BTC headed into the "bull trap" zone imo
When will you FOMO in?Check out TA below to catch up on the latest.
Will 30k be the new 6k for Bitcoin ?
So far the cycle is repeating and a extension to 30k would not be too surprising at this point. Last cycle we had 6k as support for a very long time and when it broke capitulation hit shortly after.
This cycle we had 30k as support and when that broke , capitulation hit.
The question is now when will you FOMO in? if price does come back up to 30k and hovers there it is very much possible that Bitcoin enters a bubble and overextend into 4/1 or 8/1 Gann Fan just like last cycle.
I think 30k is the level to watch and when most of retail will step back in.
LUNA bearishI predicted in my previous analysis that Luna in May is bearish and this is happening. I believe we had our first mark down and now price will consolidate at the support of the longterm rising channel. I am imagining that there will be another mark down at the end of May. The next markdown will be a breakdown from the longterm rising channel, which will spell further fall in Luna's price.
BTC will be in a downturn until around September. Alts will suffer greatly and probably past September.
LUNA classic movement analysis. LUNCUSDT 📈Hello guys, Everything is explained on the chart for you like always. The price is below an important resistance but considering the number of hits to the level, I expect a break. So after breakout and pullback as a fixation will be a good point to enter buy position. The targets will be 25 and 35.
Good luck.
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LUNIC Disappointed Moment ❌For the past few weeks, Lonik has been running in an uptrend, but now it seems to be breaking its uptrend. There are two scenarios playing out here. First, it will bounce back from its potential support and easily pump 100%. If the key level breaks, it will bounce back from its past support which is 0.00075. You can open long or shorts keeping these key levels in mind.
LUNC Breakout LUNC broke below our bullish support in orange and retested it on the LTF. Potential LUNC path to a price target of .00011 (triangle PT) but not convinced that will play out. Crypto holding up stronger than S&P 500, so LUNC trend could still be bullish.