#LUNA/USDT#LUNA
The price is moving in an ascending channel on the 1-day frame and is sticking to it very well and is about to break upwards
We have a bounce from the lower limit of the channel at 0.3000
We have an ascending trend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the 100 moving average
Entry price 0.3857
First target 0.4655
Second target 0.5394
Third target 0.6451
Lunashort
LUNA - Extreme Bear SentimentThe triangle was broken at around 0.00029. Now market-makers are enticing BUYERS into jumping in before they drive the price downward. The rally that took place off the 0.00019 zone is a CORRECTION of the TRIANGLE BREAK. Many are currently buying due to FOMO. We sit back and watch the craziness. See y'all at the 0.000019 zone.
LUNA with the support of.Hello everyone, let's take a look at the LUNA to USDT chart on the 1H interval. As you can see, the price is close to the top exit from the blue line channel.
Let's start with the designation of the support line and as you can see the first support is $ 7.14 where the current price is, if the support breaks down, the next ones are $ 6.93 and $ 6.74, $ 6.57 and $ 6.31.
Now let's move from the resistance line as you can see the first resistance is $ 7.73, if you can break it the next resistance will be $ 8.25 and $ 8.77 and $ 9.54.
Looking at the CHOP indicator, we can see that we still have spopro energy on intervale 1H, while the MACD indicator shows that we are in a local uptrend on a small interval.
LUNA short 15 minutesHello everyone, let's take a look at the LUNA to USDT chart on the 15-minute time frame, currently the price after huge drops is above the local uptrend line.
As you know, the TERRA LUNA ecosystem was broken, and the price collapsed with it, so you can still speculate.
Let's move on to determining the Stop Loss that we should take into account in the near future:
SL1 - $ 0.00012646
SL2 - $ 0.00009991
while the targets we see using the Fib Retracement tool are as follows:
T1 - $ 0.00014791
T2 - $ 0.00015863
T3 - $ 0.00016629
T4 - $ 0.00017548
Looking at the CHOP indicator, we can see that we have quite a lot of energy in the 15-minute interval.
LUNA is trying to go up, but will LUNA break the resistance? At present, LUNA is attempting to break above the level, but buyers are weak. As the market moves a little bit, sellers take advantage. There is no doubt that the seller has control over the market as evidenced by the 2-hour candles.
Since this coin has been delisted from major platforms, and there are a number of reasons, sellers continue to sell as the markets climb.
How will you see the market in the next few days? Please Like if you believe it will bounce back. Please share your thoughts on this topic and follow me for more.
Thanks
Luna to ZEROTechnical indicators are not as important in this case, but Luna broke through the green cloud on the weekly and on the daily is this represented as a red cloud.
From a fundamental point of view is the price of Luna going to reach zero, but this destabilization period on Luna is high dependent on the case of UST gaining or losing its dollar peg.
The UST peg is the root cause of Luna crashing as initial investors saw Luna´s stablecoin UST being pegged to USD as the main stabilizing factor to Luna´s success.
Now when the UST peg has been lost do investor see Luna as a sinking ship, and further would the price of Luna continue to fall. Here do investors rather sell at 30 USDT than 0 USDT.
Before the crash of Luna would the price stabilize itself as investors are not able to trade Luna on Binance do the price stabilize itself until Binance make it possible for investors sell of their recourses in Luna.
When Binance opens Luna to be able to be traded does investors massively sell off and the price keeps getting pushed down. This second sell off is caused by investors disbelief in the product.
The product in itself is the algorithmic stablecoins which keeps its value by burning Luna for UST to keep its peg to USD. Therefore do they need to burn Bitcoin reserves to gain USD to UST which was not possible in the first crash.
This analysis has not taking into account for following: NASDAQ crash, BTC crash, Supply Chain issues and the war in Ukraine.
🤯🌟RIP LUNA🌟😱❓I just want to inform you all thats the end of luna but,there is 1%that ouna will go off again because of the people that buying this crypto currency and without them luna was desd like 20 days before
Folow us i give signals for free
Dont forget to like
LUNA - Don't panic! Sholi algorithm start the Slow BUY.I'm sure many LUNA holders are shocked. Don't be afraid. Look at what happened last time. Now look at our time. Seem to be? Highly!
If you bought on the spot, hold until the win. Spot is not sold in the red.
My algorithm works for futures and spot. On the spot, he began to buy in the "slow buy" format. It means that it sees more than frightened market participants.
Good luck! Trade with algorithms, it's already 2022!
Rip LunaBINANCE:LUNAUSDT
After a heroic and brave fight we must announce Luna passed away in hospital on 11/05/2022.
She appreciated the flowers and every visit that helped keeping her spirits up.
The funeral will be held on Friday, 13/05/2022, at 13:13 at Roanoke, VA.
The burial will follow at Luna headquarters, Roanoke cemetery.
Please let anyone who knew Luna know and that they are welcome to be there to celebrate and remember her life.
LUNA Daily Analysis 5.11.2022🔴 This coin with a 60$ billion market cap is moving towards zero with a 97% correction.
🟢Experience in the crypto market has shown that when the market is willing to pour, the word price floor does not have as much meaning as it does in the rising waves of the ceiling. So do not enter the purchase until the return pattern is seen in the currency in the hope that the currency is on the floor and do not risk your entire capital for a small profit.
💎Seeing the chart above, those who are familiar with the word loss limit and have strictly observed it will smile.
Luna | UST potentially this cycles Bitconnect (Ponzi Scheme)Lets start
2014 we had the famous OneCoin Scam
2018 we had the famous Bitconnect Scam.
2022 we have the new Luna algorithmic stable coin in this case its Luna/UST (Very similar to the Bitconnect price movement/chart)
Before I get into why I'm suspicious of Luna lets talk about what these all have in common that makes it so dangerous.
1. They all have some type of yield return you're unable to get anywhere legitimately.
2. These scams always have initial investors that have gotten in very early probably before they knew what they was even purchasing, this causes a massive MLM ladder that the "wealthy" owners of these scams start to promote and completely believe its not at all possible its a scam like some sort of trance because the money and returns are just that good.
3. Come the final stage now the MLM has spread to enough smaller investors that has spiked the price continuously to the point where the some initial investors might want to take profit, this is where they always collapse in the end.
Red flags with Luna
The founder has no experience in money markets and seems to be a gamer without any high degree of financial education that people are blindly following.
The supposedly decentralization of the UST is connected and functioning based on what the (Luna foundation guard) and (Terra form labs) are doing it sounds very much like a reserve banking setup claiming to be decentralized.
The main driving force behind UST's growth is synthetic not organic, once again a platform called Anchor Protocol is offering a yield return that nobody else can provide currently requiring the centralized Terra form labs to top up capital to its reserves in order to payout people earning.
How does this capital get topped up?, the Luna owned by Terra form labs since conception gets sold to be sent to Luna Foundation Guard that then gets added to the reserves of Anchor Protocol, increasing UST demand.
What happens if Anchor reserves empty and Anchor's yield return has to drop back down to reality? stop you're not allowed to ask this.
What happens if UST's marketcap passes Luna's marketcap during a bear market? stop you're not allowed to ask this.
What happens when the initial rich investors cash out of Luna or staked UST back into a stablecoin like USDT or USDC? stop you're not allowed to ask this.
What happens when the SEC finally orders Terra form labs to provide a balance of real cash reserves or eq? stop you're not allowed to ask this.
Final thoughts for the future, I believe CBDC's will work along side stable coins such as USDT, USDC as they will be regulated UST will not be regulated and the SEC/ US government is not going anywhere.
Below I have provided a chart of Bitconnect that directly shows the same behavior and movement up till the collapse.
www.financialsamurai.com
TERALUNA FROM TOP TO BOTTOM. IS IT OVER?I cant believe Luna failing this much.
This is one of the reasons why FOMO in cryptocurrency is bad. Imagine people who rushed to buy when it was on steroid.
Bullshit everywhere 😡
WILL $4 HOLD AS SUPPORT LEVEL?
WILL LUNA EVER RECOVER FROM THIS FALL?
ANC WHICH IS LUNA'S SISTER COIN ALSO FELL TO BOTTOM.
PLEASE:
Be kind to like, comment follow.
LUNA based on supportHello everyone, let's take a look at the LUNA to USDT chart over the 1 hour timeframe. As you can see, the price has dropped below the uptrend line.
Let's start by marking the support line and as you can see the first stop loss the price is currently basing on is SL1 - $ 72 if the support breaks, the next stop loss to consider is $ 59, and another is $ 43.
Now let's move on to the targets that we can set for the next few hours, as you can see on the chart, the first target is T1 - $ 75.51 and the next ones: T2 - $ 78.04, T3 - $ 80.02, T4 - $ 82.14, T5 - $ 85.04 and T6 - $ 88.33
Looking at the CHOP indicator, we can see that we have a lot of energy in the hourly interval, so it is worth being careful and hedging your stop loss positions.