LUNA Terra 1D ChartHello friends, today I am completing a technical analysis on the 1D linear scale chart for Terra ( LUNAUSD ), an altcoin cryptocurrency. Please review the chart and analysis below carefully as there are many trendlines and indicators.
#CryptoPickk notes the following:
1) Terra price has been exploding and took no consideration for the recent crypto market crash, however as anything goes up fast, it goes down just as fast. That's a life rule if you are not aware.
2) If Terra price retraces downwards assuming the price comes back down to the wick, it could retrace back down to the 0.786 Fibonacci Retracement level at around $10-$11.
3) The 0.786 level has been an altcoin retracement level for many crypto altcoin.
4) This would also be supported by a multi-month trendline which is around the $10-$11 range (in yellow color).
5) The RSI (relative strength index) and Stochastic RSI (Stoch RSI) are coming out of the overbought region and have potential to get down to the oversold region with a drastic price drop.
6) Terra has moved up very quickly over the past week and it may not be sustainable without proper consolidation so be cautious.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
LUNABTC
My Guess - LUNA3rd leg of distribution or right shoulder head and shoulders, phase d wyckoff distribution, retest of distribution channel, phase e wyckoff, breakdown to .618 or .786 of previous runup, rsi bullish divergence by then leads to higher prices , tops when rsi is at 80ish and corrects. lines were done first try and are just a guess. not a financial advisor, do your own research.
LUNAUSDT , Its in good condition Hello eveybody
According to our last analysis that you can see on chart the exactly our way happened and now its ready to to go up more and more , but the important thing is the market should come down and drop more to stop hunter this position and ...
You can buy in buy zone area and we think after the price impact to the trend line its ready to go up and reach to the target
Previous analysis :
Good Luck
Abtin
LUNAUSDT , 2nd target reached , are you ready for 3rd one ???Hello everybody
Did you bought Luna ??
Are you checking our analysis ?
In previous analysis of LUNA we shown 2 buy zone area and the first one is activated and exactly the price go up and reach to our 2nd target
We update the other target that the price can go and reach to them
Previous analysis :
Good Luck
Abtin
LUNAUSDT , In the way of 1st targetGood Night everybody
I hope that everyone have nice trading week in this week
According to our last analysis that we published in public we shown on chart two zone (yellow box) that the price can support in there and go up to reach the target that we shown .
Did you bought it ??
TERRA is one the most powerful ecosystem and have amazing road map and the coin is LUNA , its amazing , read about it
Previous analysis :
Good Luck
Abtin
100% correction Luna ...Luna is pulling back for a deep correction. Here we see an ascending wedge pattern.
The probability of collapse (severe correction) in this pattern is high.
Of course, in the cryptocurrency market, technical analysis has not yet reached a level where it can predict market movements. But that correction, according to this model, is more likely.
***
If this correction happens, I will not lose Luna at prices below $ 30 ...
LUNAUSDT , Do you know Luna ??Hello guys
One of the most powerful ecosystem and amazing coin is LUNA
We are analysing one the most popular and fans coin that is LUNA , from the fundamental view its amazing it doesnt need anything else to say
From thechnical view we made breakwave and we were in correction and now we are in support zone we can buy one part of our portfolio in here and then if the price drop more we can buy another part in there zone we shown on chart
Put stop loss lower 2% at the started part of the breakwave because there is a key level point and until there zone and the point is not break down and close candle below that area the trend of LUNA is upward
Good Luck
Abtin
Bearish case scenario on LunaThe three main factors that define a Bearish breakout to me?
1). Pi cycle top was established on 28th october.
2). The trend- we have established that bears are in control on lower time frames including the 4hour chart.
3). Volatility- Everytime we have retested price @ 54 dollars. We have increased selling pressure. Meaning some whales are cashing out
It is worth noting that in 114 days approximately luna has done 790%.
Conclusion:
The last time we had a pi cycle top. luna continued with its bullish run for another 26 days by 245% before crashing down.
In this case however we have a pi cycle top and a daily linear regression trendline which acts as resistance.
Lets introduce risk. taking a bearish stance at this price zone means on the short term. I am gonna be paid to hold a short position by the longs in the futures market. If you have ever heard of positive and negative funding rates on centralized exchanges. This is generally the process.
If you support my analysis please like and follow me on twitter for more content.
LUNA , 5th elliott wave is about to end.hallo hallo everyone.
guys y'all see the elliott waves on the chart. the 5th wave is not finished yet . so there are 2 scenarios for our target :
1 - as you see , our first target is 55 $ , on 50% of Fibonacci extension .
2- if the price broke our first target and has more potential to go upper (which if it did , I'll update the idea) , it's a possibility that it will get to our 61.80% of Fibonacci . the target would be 105 $ .
don't forget to hit the damn like ,
see y'all in the next idea.
LUNA - Trade SetupLUNA is forming a bullish harmonics and the RSI just retest oversold zone on 4hr timeframe, also bullish divergence on many ltfs!
Taking an entry here with all the targets marked on the chart.
If Bitcoin cools down a bit and Bitcoin Dominance crashes at the resistance we'll see LUNA flying. Luna is currently sitting at a major support and getting ready to take fly.
Here's a proper trade setup:
FOR SPOT:
Entry: Market Price $36.7 (DCA Till $34)
TP1: $38.7
TP2: $40
TP3: $42
TP4: $44
TP5: $46
TP6: $49
TP7: New ATH!
For Futures:
LUNA / USDT
Entry: Market Price $36.7 (DCA Till $34)
TP1: $37.1
TP2: $37.75
TP3: $39
TP4: $41
TP5: $43
TP6: $49
TP7: New ATH!
SL below $31 just in case if things turn into bear market.
Good Luck, give a like and a follow :-)
Terra Luna price forecastHello.
The analysis of Terra Luna follows, looking at the graph against the Dollar and Bitcoin at the same time.
(I think it's a fantastic project with enormous potential to grow... its MarketCap is still smaller than that of ShitCoins like Dodge, Shiba and XRP, which doesn't make any sense...)
LUNA/USD
The price continues to respect the exponential moving averages of the maximum prices of the last 9 weeks (green), 21 (blue) and 50 (orange).
The average of 21 served as support twice holding a bear trap.
In addition, we have a long-term bearish ascending wedge.
I believe that sooner or later the price will break up and then down (considering the context of the LUNA/BTC chart).
This may take some time...I believe it's on the purple line on December 20th.
The price could reach up to U$70 in an optimistic scenario, and U$125 in a super optimistic scenario.
And in the end-of-the-world scenario, the drop would be up to US$23.
LUNA/BTC
Nowadays, it is difficult to analyze an asset only against the Dollar or any other inflationary state ShitCoin that only loses value.
Therefore, it is very prudent to analyze its real value in relation to Bitcoin.
So, in the graph against Bitcoin we also have an ascending wedge.
If the price follows the uptrend and hits the resistance line of the wedge, which coincides with the Fibonaci target at 78%, we will have a rally of between 50%~70%.
In a super optimistic scenario, we would have a rise of 150%.
When the buying force is exhausted, the price will break the wedge down.
Summary
Considering both charts, the scenario is optimistic, however there will be a certain period that it will be good to be aware of if there is a strong correction after the uptrend exhausts.
Good winds!
Terra a fiat - pegged stablecoins
Terra luna to earn from stable coin
Terra seeks to set itself apart through its use of fiat-pegged stablecoins, stating that it combines the borderless benefits of cryptocurrencies with the day-to-day price stability of fiat currencies. It keeps its one-to-one peg through an algorithm that automatically adjusts stablecoin supply based on its demand.
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Terra Price (LUNA)
$51.88
0.64%
0.0007746 BTC0.55%
0.0108 ETH0.18%
LUNA/BTC buy opportunityHi followers,
BINANCE:LUNABTC completed a big expanding flat, which suggests now a retest of all time high.
Watch this beautiful bullish flag, will it play out well?
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
LUNAUSDT Technical Analysis⏳ Spot
💎 LUNAUSDT has broken above the significant level and also the triangle which had formed earlier. After the retest it might break below the resistance to go for a deeper Pullback before it continue the Bullish move
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 41.50 - 43.20
☕️ TP1 46.00
🍺 TP2 48.94
🍻 TP3 52.38
🍾 TP4 56.26
🍷 TP5 60.00
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 38.62
Good Luck 🎲
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LUNA strong upward trendLUNA is doing very well, recovering price levels and forming a strong uptrend, but everything will depend on BTC and the situation in the near term