Luna ($LUNAUSDT): 8-Hour Analysis for Strategic Trade SetupI spend time researching and finding the best entries and setups, so make sure to boost and follow for more.
Luna ( BINANCE:LUNAUSDT ): 8-Hour Chart Analysis for Strategic Trade Setup
Trade Setup:
- Entry Price: $0.5451
- Stop-Loss: $0.3728
- Take-Profit Targets:
- TP1: $0.9479
- TP2: $1.3018
Fundamental Analysis:
Luna ( BINANCE:LUNAUSDT ) continues to be a significant player in the DeFi ecosystem despite its historical challenges. The network's commitment to rebuilding its ecosystem and expanding partnerships has drawn attention back to the token. The recent upgrades to its Terra blockchain aim to enhance scalability and adoption among developers.
Technical Analysis (8-Hour Chart):
- Current Price: $0.5525
- Moving Averages:
- 50-EMA: $0.5000
- 200-EMA: $0.4800
- Relative Strength Index (RSI): Currently at 60, indicating growing bullish momentum.
- Support and Resistance Levels:
- Immediate Support: $0.5000
- Resistance: $0.6000
The 8-hour chart reveals a breakout from a descending triangle pattern, signalling potential for a strong upward movement. The take-profit targets align with Fibonacci extensions, providing logical levels for scaling out of the position.
Market Sentiment:
LUNA has seen increasing trading volumes, reflecting renewed interest in the project. Recent announcements around ecosystem developments and strategic partnerships have boosted confidence among traders.
Risk Management:
A stop-loss at $0.3728 ensures limited downside risk, while TP1 and TP2 offer impressive reward potentials of approximately 73% and 139%, respectively. Discipline in executing this trade is crucial, given the token's volatility.
Key Takeaways:
- LUNA’s breakout signals a potential bullish continuation.
- Strong risk-to-reward ratio for both scalpers and swing traders.
- Strict adherence to stop-loss and target levels is necessary.
When the Market’s Call, We Stand Tall. Bull or Bear, We’ll Brave It All!
*Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
Luna2
LUNA2USDT Poised for Massive Breakout: Are You Ready?Yello, Paradisers! Have you been keeping an eye on #LUNA2USDT? If not, now is the time to pay attention to #LUNA2 because it's reaching a crucial moment.
💎#LUNA2USDT is currently trading within a descending channel, and we anticipate a significant bullish breakout from this pattern. Right now, #LUNA2 is approaching descending resistance, but the increasing volume and the support of the 50 EMA are strengthening the bullish outlook.
💎After a continuous month-long decline, $LUNA2 has reached an all-time low. This sets the stage for breaching the upper trend line of the channel.
💎If #LUNA2 fails to break the upper trendline, we might see a retest of the bullish order block at $0.338, a level that has historically provided strong support and bullish momentum.
💎Should $0.338 fail to hold, the next support level to watch is at $0.287. If this level also fails, we could see a continued downward trend for LUNA2.
Discipline, patience, robust strategies, and trading tactics are the only ways you can make it long-term in this market. Stay focused, Paradisers!
MyCryptoParadise
iFeel the success🌴
LUNA looks bearishIt looks like we have a big ABC, and wave B is a triangle that has ended.
Now we expect that the red range will not be lost and we will enter the big wave C.
Closing a daily candle above the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#LUNA2/USDT#LUNA2
We have a bearish channel pattern on a 12-hour frame, the price moves within it and adheres to its limits well
We have a green support area at 0.5300 after the price touched it and bounced from it
We have a tendency to stabilize above moving average 100
We have an uptrend on the RSI indicator that supports the price higher
Entry price is 0.6000
The first target is 0.6950
The second goal is 0.7888
the third goal is 0.8800
LUNA 2 IS BULLISHA bullish pattern is formed on the chart from the place where "Start" is inserted on the chart.
Wave A of this pattern is a diametric and wave B is a triangle.
It now seems to have entered a bullish wave C, it is expected to pump to the supply side or even beyond while maintaining the green range.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Very interesting Elliott Wave structure...Luna 2.0 or Terra 2.0 is the new token that emerged from the hard fork of the Terra blockchain network. LUNA2 aimed to rescue the Terra Luna ecosystem following the collapse of the UST stablecoin in May 2022. Most of Terra's dApps and features migrated to the new chain.
@threads #love #ınstagood #art #photooftheday #photography #crypto #bitcoin #cryptocurrency #blockchain #ethereum #btc #forex #trading #money #cryptonews #cryptotrading #bitcoinmining #cryptocurrencies #investing #eth #investment #bitcoinnews #bitcoins #nft #business #invest
LUNA ANALYSIS (4H)It looks like we have a large degree triangle that we are now completing wave D of.
If the count is correct, it is likely that the price will return to the green range to complete the wave e . If the price returns to the green zone, we can think about buy/long positions.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LUNA2 │ 03.10.2023BINANCE:LUNA2USDT.P
Signals for level breakout
Close retest of the level;
A good approach to the level
Bar closure near the level;
Bar closing near its high/low;
Decrease in trading volumes before the level;
Consolidation near the level;
Accumulation of energy for level breakout;
The instrument gradually approaches the level;
A clear zone beyond the level;
Trade Parameters
Open : 0.45280;
Take profit :
0.44526;
0.44274;
0.44023;
Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
Support and resistance range: 0.5550-0.6697Hello?
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(LUNA2USDT.P chart)
(1W chart)
In order to turn into a mid- to long-term upward trend, the price must be maintained by rising above the MS-Signal indicator.
Accordingly, the key is whether the price can be maintained by rising to the 0.6593-0.9347 range or higher.
However, a full-fledged upward trend is expected to begin only when the price rises above 2.0609.
(1D chart)
The key is whether it can receive support and rise in the 0.5550-0.6697 range.
If not, caution is needed as it may fall to around 0.4796.
(4h chart)
The major resistance areas are 0.6712-0.7140 and 1.25-1.4497.
Therefore, the key is whether these two resistance areas can be broken upward.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
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.
Terra LUNA 2.0 ... to $300+I think there are many reasons to believe that luna 2.0 could reach the levels it was at before the crash. The technical analysis shows a possible astronomical rise, if so, it would mean a recovery of the crypto ecosystem in general.
* Many projects are moving to luna 2.0
* 133k+ watchlists on Coinmarketcap
* Binance Support
* LUNC as a popularity enhancer.
If the volume grows as it should, and bitcoin grows as it should, most likely in less than 1 year, we could see luna 2.0 in the $300+
My SL is below 0.75
Targets: 200, 250, 300
Don't invest like a novice, invest smartly. Don't put all your eggs in one basket.
Happy new year to everyone.
I am bullish up to 2025.
#HOLD
LUNA wave counter (Very Bearish)Hi good time
I hope you are fine
I looked at the luna chart.
I noticed that this symbol is forming a very large diametric that we are now in wave C of this large diametric. The structure of the C wave itself is also similar to diametric. At the end of wave C, subject to receiving confirmation, it can move towards the goals of wave D
Comment if you have any questions
Thank You
LUNA2/USDT - LONG SCALPING-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
-------------------------------------------------------
⚡️⚡️ LUNA2/USDT ⚡️⚡️
Exchange: ByBit USDT
Trade Type: Breakout (Long)
Leverage: Cross (5.0X)
Entry Orders:
1) 2.375 - 100.0%
Take-Profit Orders:
1) 2.412 - 65.0%
2) 2.468 - 25.0%
3) 2.561 - 9.998%
Stop-loss Orders:
1) 2.318 - 100.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
LUNA2/USDT - LONG----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
-------------------------------------------------------
⚡️⚡️ LUNA2/USDT ⚡️⚡️
Exchange: ByBit USDT
Trade Type: Breakout (Long)
Leverage: Isolated (5.0X)
Entry Orders:
1) 2.497 - 100.0%
Take-Profit Orders:
1) 2.545 - 75.0%
2) 2.582 - 20.0%
3) 2.645 - 5.0%
Stop-loss Orders:
1) 2.387 - 100.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)