LUNAUSD
Long $LUNAPrice action has been respecting the fibs from the 7/21 low through the recent high. Horizontal levels are pretty clean and price is sitting right on support. Although the market "feels" like it might roll over here, the chart looks clean and recently Thursdays have been good buying opportunities. This is a 4:1 RR if you set the target as previous ATH and SL just under demand area.
LUNA in a descending triangle!Here's a quick look at LUNA 1 hr chart. As we can see, the price has been forming a descending triangle and we could see a break to the upside very soon! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the descending triangle with good amount of volume .
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The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 40$
2. 41$
3. 43.5$
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Terra (LUNA) - September 15Hello?
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(LUNAUSD 1W Chart)
(The existing Bittrex exchange chart has been changed and will be published as this chart in the future.)
If the price holds above the 8.7664621 point, it is expected that the uptrend will continue.
In particular, it remains to be seen whether holding the price above the 20.8825536 point can form a new support and resistance zone.
(1D chart)
If you fall from the 32.7999608 point, you need a short-term Stop Loss.
However, careful trading is required as it can touch the 27.3551513-29.1700877 section and rise.
If it falls in the section 27.3551513-29.1700877, it can touch near the 20.8825536 point, so Stop Loss is required to preserve profit and loss.
If it moves above the 36.4298338-38.2447702 interval, we expect the trend to re-determine at the 49.1343892-50.9493256 interval.
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(LUNABTC 1W chart)
If the price holds above the 0.0001171-0.0001743 range, we expect the uptrend to continue.
In particular, if the price holds above the 0.0003985 point, it is expected to create a new wave.
(1D chart)
If the price is maintained in the range of 0.0006869-0.0008291, the uptrend is expected to continue.
A decline from the 0.0006869 point may lead to a fall below the 0.0006213 point, requiring a short-term stop loss.
The 0.0003985-0.0004904 section is an important section for this ascent.
Therefore, if it falls below this range, there is a possibility of entering the mid- to long-term investment area, so careful trading is required.
If you look at it differently, if you find support in the 0.0003985-0.0004904 section, it is expected that there will be an uptrend to create a new wave.
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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 regenerate themselves.
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** 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 the sake of 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 yet been released.
(Because it is not public, 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.)
LUNA TERRA LONG ENTRY 20210911Signal: Blue -> Green
context: Green
LUNA, TERRA, LUNAUSD , LUNAUSDT ,LUNAUSDTP, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Crypto Catastrophe Planning (Sol, Luna and ADA/Cardano)I have spent some time looking at the dollar (DXY, see the linked Idea please) and it has a lot of upside potential based on some simple TA on the monthly time frame. Based on that potential prolonged dollar strength I think some crypto Crypto Catastrophe Planning is in order.
Last bear market one of my favorite analysts, Francis Hunte, called his XRPBTC short the gift that keeps on giving due to its continued downtrend trend on the weekly. Of course you don't get the same gains perhaps as being in and out of bounces on XRPUSD but you save yourself a lot of mental energy from the chop up and down that we see below. XRPUSD rallied less than BTCUSD, which means a red day/weeks for XRPBTC, and it dumped more than BTCUSD, which means another red day or week for XRPBTC. An entry within the blue triangle of XRPBTC looking for a break down would have been very profitable for the patient.
If we take the same idea for our catastrophe planning we would be looking for structures that we can play technically for entries that could pay out for the next six to nine months, or even longer. Cardano is in a rising wedge with three touches on the support and 2 touches on the top. That gives us a structure to play very technically. SolBTC has popped out of a rising wedge. That is very much blow off top behavior and often we see price action find tenuous support on previous resistance before falling through the wedge. Then price action has a chance to turn previous wedge support into resistance.
I have taken a short on ADAUSD due to the weakness I see on the daily chart for both ADAUSD and ADABTC with a stop loss taken at the high. I have two flat topped red HA candles and I will be looking for the wedge break down. If I see the ADABTC wedge breaking down I will put on a ADABTC short
SOLUSD is likewise popping out of its rising wedge but hasn't shown the weakens I want for a short just yet. There is a pregnant HA candle so I could go in with a sell stop but Imma hold off SolUSD and SolBTC shorts for now
LunaUSD looks very primed for a move to the downside. It is in a rising wedge and has bearish divergence on the 8 hour time frame. Once we see some downward movement we can evaluate if we think it will be prolonged or perhaps continue to chop. I am holding off on shorting for now.
a short position i see here right now.maybe i am wrong. A short position I see here right now. Maybe I am wrong. Type R. at least r to r ration expected to be 2
Luna Bull-Trap Expanded flatWave A subdivides into a smaler ABC expanded flat,
B is a regular ABC
and C is developing right now with targets below wave A at 25 USD.
Otherwise luna is break 36K in direction to 43k. In my opinion that has a small probability, than return to 25, all of this are small term projections that are about to happen.
LUNA ASPIRES TO HIGHER HIGHSMA50 & EMA50 are strong clusters of support. LUNA is about to break out of a descending triangle. To confirm the breakout, the price action must retest the descending trend line and hold it to validate an entry. The volume is decent to propel the price higher. The major resistance zone is designated in rectangular red. The major support zone is designated in rectangular green. The thick red line above the resistance zone is a local resistance area.
Lunausdt True Reversal pointsHello Traders!
Previously i gave a buy entry at 30.50 and it was extremely perfect and the market moved exactly from 30.50 now this is a leverage trade for Lunausdt.
I am expecting a drop from 33.19 and the target is 31.70,
After completing the sell target it will rise from 31.61 so it will be a buy and the target will be 33.10
In any case, if it hit the bottom first then go for the buy first and then sell from the top.
Hit the like button for the trade and follow to stay connected
Luna H&SJust an update on my short position on Luna at 33 USD, probable head and shoulders formation with targets at 22 USD.
LUNAUSDT: LONG $LUNA ON PULLBACKThere has been a lot of FOMO into $LUNA lately but I had got in relatively early. Currently, there is a double top pattern formation which is a bearish reversal pattern. Strong support regions are held at $16 and $20 price marks respectively. I will be buying more $LUNA at these price regions assuming the markets retrace this low. If the bullish momentum holds, it may be unlikely to test these regions again. However, this is not financial advice and thoughts are welcomed!
LUNA short term correction.Will go long if luna touch 200 MA
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𝐅𝐨𝐥𝐥𝐨𝐰 𝐭𝐡𝐢𝐬 𝐚𝐜𝐜𝐨𝐮𝐧𝐭 𝐟𝐨𝐫 𝐦𝐨𝐫𝐞 𝐮𝐩𝐝𝐚𝐭𝐞𝐬
𝐈𝐧𝐬𝐭𝐚𝐠𝐫𝐚𝐦:- 𝐜𝐫𝐲𝐩𝐭𝐨__𝐩𝐚𝐧𝐭𝐡𝐞𝐫
𝐓𝐰𝐢𝐭𝐭𝐞𝐫:- 𝐜𝐫𝐲𝐩𝐭𝐨__𝐩𝐚𝐧𝐭𝐡𝐞𝐫
𝐘𝐨𝐮𝐭𝐮𝐛𝐞:- 𝐲𝐨𝐮𝐭𝐮𝐛𝐞.𝐜𝐨𝐦/𝐜/𝐂𝐫𝐲𝐩𝐭𝐨𝐏𝐚𝐧𝐭𝐡𝐞𝐫
𝐓𝐞𝐥𝐞𝐠𝐫𝐚𝐦:- 𝐭𝐡𝐞𝐜𝐫𝐲𝐩𝐭𝐨𝐩𝐚𝐧𝐭𝐡𝐞𝐫
WETH / LUNA - Long Both, Longer LUNAI love $ETH but my thesis is that LUNA goes nuts in relative terms.