LUNA ScalpsLuna seems to be running up to the supply above, BTC is the leader so keep an eye on each. Did I mention bull flag? NFA, DYOR
LUNAUSD
Luna is undergoing distributionThere are quite some Luna maximalists in here, chanting "Such fundamentals, very moon!" since the start of the run up, but unfortunately no asset escapes the laws of the market. Citing an iconic Japanese trader: "people trade according to market sentiment rather than fundamentals". In our case, this means that if bitcoin breaks down and panic starts, people will want to protect their money regardless of the fundamentals.
I am not a fan of drawing lines that the price action would follow, since I just don't like to predict a certain target at a certain time. If arrows on my chart there are, it's either the prolongation of a known theoretical schematic (like Wyckoff accumulation/distribution), or just to roughly convey the direction the price action could take when it's reasonable to guess it. Anyway, finally getting to the point: I think Luna could be undergoing Wyckoff distribution (in phase B at the moment), after a powerful run up, I have easily identified a couple of steps of the distribution schematic (PSY: preliminary supply, BC: buying climax, SOW weakness, and UT upthrust so far). I choose to post a Wyckoff idea only if I've been able to easily identify those steps, and that they are well placed according to the schematic which seems to be the case here. So, as you've understood, I am not saying the price will follow those lines at all. It will certainly go down at some point, although it could be faster than what I've drawn on the chart.
The only thing you have to do is just keep track of the pa and compare it to that schematic because the longer it acts according to it (i.e., if it ends up taking one of the two routes I've drawn utad or lpsy), the more the outcome will be predictable, and so, tradeable. There is no magic trade technique I believe. Just be ready to spot when the ultimate weakness in the price action happens before it goes down.
LUNAUSDT Formed Bullish Flag PatternLUNAUSDT Formed Bullish Flag Pattern
A strong Resistance at 94-96 USDT will reach 100USDT above if it breaks.
but as we can see it is making Bullish Flag Pattern in 1hr chart we can expect downward fall from the current position if it breaks 90 - 91 USDT support
Note: DYOR
Luna looking like a good long set upFolks are saying the price target is 109 but I really don't know. All I can tell is by volume and how its holding along with RSI pattern... this is more long than short. Be careful though. It's definitely a spot trade.
Will be updating as I go.
This baby about to liquidate tf out of shorts. The elites are bitches for this one lmao
I am an intutive trader, I trade via spiritual shifts as well. Sounds bizzare to the standard but if you are reading watch. Manifesting abundance to all that remain righteous. Lets get this money.
$LUNA to 94.90 later today? I'm a newb so this is not financial advice. Just testing my hypothesis and having fun with this.
Trading plan Terra (Luna)This plan is made by the consideration that Bitcoin will break down.
Terra (Luna) appears to be in an irregular flat correction within a regular ABC move up.
You have 2 types of Elliott wave analysis. 1 with harmonic waves (abc waves within a large 12345 structure/ or 12345 in a ABC) and 12345 waves within a large 12345 structure.
Terra (Luna) is made with the harmonic analysis
Trade plan:
1) Ladder shorts at the given resistance with the first arrow.
Only place stop losses once Bitcoin / Terra (Luna) starts breaking down. Otherwise you will be stopped out the whole time
This is not financial advice, purely for educational purposes only.
Kind regards,
R
LUNA overall analysis and predicionHi, I try to post often so if you could follow and like it would mean a lot to me. I am also posting SOL and FTM charts today.
LUNA just hit a new ATH and now I am sure that is the time to short. The coin had a bearish divergence in the 1D chart and in the 4H chart. After correcting to that level (91$) LUNA still have plenty support to go down. My target is 78$, and after that only BTC can dictate the future of altcoins. LUNA will probably moew sideways in the next days, but overall I am bearish. The EMA's on the MACD are about to cross and that is a confirmation that you need to short a coin. Trades are very risky right now so be careful with how you manage your portfolio. Comment what you think and check my other ideas.
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LUNA - Long and Short with these 2 scenariosBYBIT:LUNAUSDT
1H trend chart
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LUNA is consolidating as a possible cup and handle on 1H.
Also, it could be a double top as well.
So we can long or short it depend on the direction it goes in near future.
And judge the timing with downtrend line(for long) and uptrend line(for short).
2 Trading strategies as below.
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Open Long
Profit Targets:
a) 104.495----Fib(1)
b) 107.825~109.175----Fib(1.272~1.382)
c) 112.060----Fib(1.618)
Stop losses:
a) 95.250----Red horizontal ray
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Open Short
Profit Targets:
a) 92.250----Fib(1)
b) 88.855~87.480----Fib(1.272~1.382)
c) 84.535----Fib(1.618)
Stop losses:
a) 104.495----Red horizontal ray
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Have a nice trading!
Luna Prepares for 94% RetracementThough this may be the most absurd idea I've made thus far, based on my recent review of Luna's all-time price action, it is my belief that this asset will make a tremendous 90%+ drop to the range of $2.70-$4.
Let's connect if you'd like to figure out how this target was discovered and/or how to better read price action, from a scientific approach.
Maximize profits, minimize loss; surf.
Trading Signal For LUNAUSDT TerraTrading Setup:
There is a Trading Signal to Buy in LUNAUSDT Terra.
Traders can open their Buy Trades NOW
Rank : ⭐️
⬆️Buy now or Buy on 85.98
⭕️SL @ 75.05
🔵TP1 @ 114.05
🔵TP2 @ 128.40
🔵TP3 @ 155.60
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
previous signal
If you liked our ideas, please support us with your likes 👍 and comments .
LUNA is moving towards trap 😥Want to see a $ 300 LUNA? 🔥
You must first see the accumulation phase.
RT looking to enter the buy position after breakout the resistance or place buy orders for a pullback that may have occurred.
Do you buy above the resistance? Or you wait for the price to return to the points where the accumulation is to be done ?!
Look at this indicator below.
See how the indicator defined the buying area for us!
Whenever the price moves slowly on the lower band of the channel, then we see the price increase (that marked area is the accumulation phase)
If you like this analysis, support me with your likes and comments (no tax 😅)
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Terra Analyze (Short Term + Triple Zigzag Correction)!!!First, I suggest you read my last post about Terra , Topic: Terra Analyze (Road Map) !!!🗺️: 👇https://www.tradingview.com/chart/LUNAUSDT/n3BgTamH-Terra-Analyze-Road-Map/
Terra Analyze ( LUNAUSDT ) Timeframe 30MIN⏰
Terra finished its microwave 3 of microwave wave 5 of main wave 5 at 96.63$ , and then it started microwave 4 of microwave 5 of main wave 5 . The structure of microwave 4 of microwave 5 of main wave 5 is Triple Zigzag Correction while it was able to complete microwaves W-X-Y-X .
Where is the end of microwave 4 of microwave 5 of main wave 5 ❗️❓ OR where is the end of Triple Zigzag Correction ❗️❓
🎯 Target 🎯: 78.14$ until 77.08$ ( Cluster of Fib +Monthly Pivot Point ) at my TRZ ( Time Reversal Zone ).
❗️ Note ❗️: When Terra breaks the Important Resistance Line then we can verify the end of Triple Zigzag Correction.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
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