Get started

LUNABTC

Long-term Bullish, but needs a breatherLUNA is in an ascending channel vs BTC and the support looks strong enough to continue up, however we've recently had bullish divergence on the daily chart, and we're seeing solid resistance on the 4H chart, which leads me to think we might be retesting the bottom of the channel before continuing higher. I'm not interested in LUNA at these levels, and I'm looking for a more obvious entry with the way I trade. ----------------------------------- I'd love to hear your thoughts, ideas and feedback. Feel free to comment and I'll try and get back to you quickly. If you appreciated this analysis, consider Liking or Following. Thanks!
L
by mercury_rising
LUNA/BTC Bullish Sentiment Shift I was bearish on LUNA about a week ago. Today, I see a chance for entry based on Fibonacci. The 0.5 Fib line is my stop loss and the 2.0 Fib line is my target, based on the recent rise. This gives about 58% potential gain to 15% potential loss. What caused my sentiment shift from bearish to bullish? Two factors: 1. Today's bullish candle. This could be dismissed because many altcoins are up today. However, LUNA is supposed to be weak, yet it has gone up more than most altcoins today. 2. The obvious support on the drawn trend line. However, it is not the most obvious trade and not the safest to me for the following reasons: 1. RSI divergence is still in place and that that is a bearish indicator. 2. I haven't tested this Fib-based trade. I'm confident about the stop loss, but not confident about the 2.0 Fib target. If you want my latest updated chart on LUNA/BTC, you can view it here . If you appreciate this work, please give a like.
LLong
by TechNerdOmar
Luna Fair Parabolic PriceHello 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 what is leading it to its current price. Like I mentioned before, I used the chart mainly to track parabolic growth, and LUNA is finally in gear and shape. Right now we are in the 2nd Standard Deviation Channel of the parabolic movement. Technically the red center line would represent fair price of LUNA (in my opinion), and for now we are at the upper range/resistance of the 2nd SD channel. It would be good to see LUNA breakout to the 3rd SD channel and then you could buy on a retest. Targets 84 as a retest play of the 2nd SD range channel with a target of ATH or 100 78-83 as an add zone (Retest of old ATH, resistance to support) 68-70 as a buying off the rebound of the 1st SD range which is a strong support (albeit broken in the choppiness in the past month) I would see 68-70 as the most opportune buy, probably due to market condition and fear and capitulation due to an expected closure of positions on 29th-30th December by portfolios big and small to restart the new year fresh + it is also in line with the astrology signs (I'm not a believer, I attribute the PA to institutional positioning that happens on the same day and its for you all who follow and believe) Upside UST pairing just listed on Huobi and Binance with Astroport going live + Mars going live end Jan. Cosmos and Evmos, MIM along with Rune mainnet launch are 2 networks which could get UST minter to print. This might trigger the rouge white swan and send it to 120-150 depending on the burn amount. Twitter matching Eth 2017 and Luna 2021 action puts LUNA end TP at 350-500 for this cycle. Hope this helps your trading plan especially for the month ahead in DCA-ing, and the longer term vision. Merry Christmas!
Long
by Zyale
3
LUNA Looks ToppyI warned people of Luna in my stream saying it's not a clear trade and it's too risky. After that, Luna went up about 20% against Bitcoin if I'm not mistaken. Well, I haven't changed my mind. It still looks toppy, perhaps even more than before. And that's not because of its price compared to its history. I have no reference to judge its price. I'm careful because I see shooting star candles and RSI divergence and an exhausted TD count by the green 9 candle on the daily. Three bearish indicators. If we get a correction or a hammer above the rising trend line, then it's an indication of strength, but until now, it's risky.
L
by TechNerdOmar
LUNA/USD - Don't be a noob and FOMO. Trade like a PRO! Any half decent trader would have secured profits when Luna hit $100. If you did not do that yet, well... what are you doing then? Unless you are in for the long haul, not taking profits here on this chart is a big opportunity cost as LUNA is more likely to drop to $77 before going to $500. Why is the chart bearish, here are fact-based, objective reasons that are based on HARD data: 1. Most obvious, $100 is a key ROUND psychological level. Such levels have always acted as key resistance/support levels. 2. Volume has dropped, hard. Last time volume was this low was in November, before the pump. This is a clear warning sign. 3. Massive bearish divergence on RSI on daily, weekly. Plus daily RSI as shown on this chart is already falling down... not good. 4. Bearish divergence on daily MACD histogram. Histogram making lower highs. No bearish cross on the moving averages yet though. What does this tell me? Loss of momentum is confirmed. Do you FOMO when a coin is weak or when it is strong? Do you FOMO when price is under resistance or when it is above support? Do you buy high and sell low? No. You buy support and sell resistance. The best trade now is to sell Luna and wait for support to re-enter. Yes, Luna's fundamentals are strong and will likely push Luna much higher, but not right now. Don't forget we deal in probabilities, anything can happen, but you should keep odds on your side. Only if $100 turns into support, should you consider an entry at such price levels. Not the case now. Like and follow if you liked my idea! DYOD NFA
Short
by DU09
4
LUNA need some rest Before new highsthe LUNA Price Momentum is very Bullish (Still!) However, there is a slight divergence and it seems that some people have sold their LUNA and are waiting for a price correction It is also at the top of its ascending channel, and a correction can increase its power for subsequent ascents But I don't think it will drop much and it might just be Sideway for a while and form the Flag pattern .. Dear Friends, It would be nice to show your support by liking BTW Follow me (if u liked :)
Short
by CryptoSideway
3
Terra (LUNA) - December 14Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (LUNAUSD 1W Chart) Above 20.8825536 point: Expected to create a new wave. We need to see if we can continue the uptrend along the uptrend line. If the decline is from the 46.1588879 point, a short-term stop loss is needed as it could move near the 31.5842288 point. ------------------------------------- (LUNABTC 1W chart) Above 0.0003985 point: Expected to create a new wave. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
L
by readCrypto
3
LUNA Hello Everyone We see the shadows and the pin bar pattern of the candlestick, which gives credibility to the break of the trend line Although the market and bitcoin are not doing well LUNA is a good place Enter the purchase step by step If it goes lower, it can be supported on the static range at the price of $ 22, where the 200-day MA is also located . . If you have any questions, you can write it in comments below, and I will answer them And please don't forget to support this idea with your like and follow, thank you...
Long
by MohammadWaezi
3
LUNA breaking out againAfter hitting all my targets... 👇 ... Terra consolidated and created triangle 📐. Now the price broke up this and I think there is chance for run to 89.5 and even higher. Setting BUY LIMIT order to catch the pullback. 75.54 should be resistance. LUNA just moon please!🌑 ENTRY : local high @ 73.18 SL : local low @ 69.76 TARGET : height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @ 89.50 RRR : 4.2 INVALIDATION : when SL level hit Check my other stuff in related ideas. Please like👍, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Long
by bizmark
4