LUNAUSDT
Luna Target 1 $ This Week Hi Trader's ,, How Are You Today ?! Hope You Be Fine
Let's Take Great Investing Trade On Luna ,, All Analysis Say That " Luna Will Be 1 $ Soon "
Long Now From This Area Spot ,, Target 1 $
Doge coin to the moon or maybe notDOGE attempted a rebound on the 4-hour chart but was unable to maintain the bounce. A bearish candle with a long wick as seen on the lower time frame, indicates that sellers are still in charge of the trend. If the price falls further, it will finally breach $0.07 lows.
Buyers must push the price above to $0.1100 before there is any possibility of a recovery. The bulls may attempt to pierce the $0.1150 level and creep up to the moving average (MA 50) at $0.1200 round level in new attempt at recover. Overall the DOGE/USD short-term outlook remains negative.
How I spotted the reversal on Luna In Real Time. In this video i break down how i spotted the reversal on LUNA as it reached its bottom.
We dont know if this will truly stay the bottom all we know now is many people including myself took this trade with some of us yielding as much as %20,000.
Pretty crazy I know. Don't worry there will be plenty more opportunities for this. PLEANTY do your research find products and projects you trust luna is at the moment not one. This was more of a gamble.
Following narratives like gaming nfts etc think deeper. Research the team, understand the entire block chain. Watch videos listen to podcasts. Educate yourself. This game can get more solidified and consistent for you if thats the route you choose many millionares will be made in the next 12-24 months.
Will be looking to short US30 next week. Will keep you posted upon confirmation.
XAU still looking bearish overall. I can see some retracment tomorrow evening back up for about 5-6 Points.
LUNA TERRA / Both ScenariosLuna Is to the upside
Terra Is to the downside
Pure speculation on this , relying on fibbonaci and MA ribbon as indicators...
According to price action of high volatility from recent days i won't be surprised seeing this falls down -90 % or even straight dying.
Be safe and don't invest or trade money you can't afford to lose.
New moon for nowHello!
After the storm, Luna appears to have forming another structure. This can trigger a FOMO in many players and can lead to a increase in price, many will hope that it will hit $1.
And its possible but have a very small probability.
In the next days Terra members will be working on a plan to refund those that have been lost in this crash, and will also reconstruct the network twitter.com . As they can do anything, they can do a rollback in the block production to moment prior the crash and refund the money people had lost before and after this moment. So the real value of the luna coins now is very uncertain.
I do fell sorry for the people that lost in this unconventional event. But think you can recovery all of it, we always do.
As a trade plan, I will buy a small amount that I can afford to lose and distribute sell orders at every fib level. To recuperate the invested and reserve some LUNA in the case it really strikes at 1 and more. The size of the orders depends on your perspective.
Thank you for reading!
UST BACK TOWARDS 1Currently Terra Luna is being pumped with sufficient capital.
This was the only way to safe the Terra dollar.
Once the capital of Terra Luna is high enough it will be dumped to buy UST
Because UST is the only thing that can be safed. Luna will only act like a liquidity pool for UST
NO financial advice
Always do your own research. However this is the only logically step
LUNA UST - Shark Harmonic PatternHello Trader, It's been a terrible week for crypto traders as bitcoin and other crypto pairs has been dropping...
Alot of traders lost so much and its been a terrible week...
the question is? will it go up? when will it go up?
From technical perspective, the pair is printing a shark harmonic pattern and soon to enter the Potential Reversal Zone (PRZ)
Waiting for that BURN! Already Up 2000% 🔥🔥🔥 Up almost 2000% on the swing (More in the scalps)
Have a position that im holding long (Just in case we get a big Burn/Pump)
I wanna see that supply turn into demand!
Don't risk what you can't afford to lose! (If you decide to jump in)
HUGE Potential upside!
Let me know your thoughts in the comments below, I enjoyed the last discussion! (Negative or positive all is good and insightful!)
Have a good weekend everyone!
$LUNAUSDTWhat is Terra?
Terra is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. It utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency Luna, to facilitate programmable payments and open financial infrastructure development. As of December 2020, the network has transacted an estimated $299 billion for over 2 million users.
What is Luna?
Luna is the reserve currency of the Terra platform. It has three core functions: i) mine Terra transactions through staking, ii) ensure the price stability of Terra stablecoins and iii) provide incentives for the platform’s blockchain validators.
The Terra protocol runs on a Proof of Stake (PoS) blockchain, whereby miners must stake their Luna in order to mine transactions. All else being equal, a validator who has staked more Luna has a higher chance of generating the next Terra block compared to another validator who has staked less. In essence, Luna represents a validator’s mining power.
However, in providing network security and validation, Luna holders and stakers are exposed to the price risks associated with the asset. This is because the Terra protocol readily exchanges Terra stablecoins for Luna at their determined exchange rate to maintain the peg. When demand is high and prices are above the peg, it will sell stablecoins for Luna. When demand is low and prices are below the peg, it does the opposite. In this way, validators absorb the short-term volatility of the network.
To compensate for this, validators are given rewards in the form of: i) staking rewards, ii) gas fees, iii) taxes, and iv) seigniorage rewards. Staking rewards are determined by the size of a validator’s stake and are structured to incentivize transaction volume increases. Gas fees and taxes are similar in that a small fee is imposed on all Terra transactions, distributed to validators on a pro-rata basis. Finally, seigniorage rewards are given to validators who participate in the Luna exchange rate oracle process.
These rewards seek to create mining demand that is stable and evergreen throughout all economic conditions. If rewards are increasing, the protocol decreases network fees and seigniorage rewards, and vice versa. More information on Luna and its rewards can be found in Terra’s Docs website, as well as in its whitepaper. Alternatively, you can watch our video to learn about the Luna ecosystem.
LUNA: A Calculated Risk Worth TakingWhat's up everybody... This is Livingstone
Before you read this post, please note; this is only my opinion and in no way an investment advice. Do Your Own Research before you make a decision.
Let's dive in
Virtually everyone in the market have heard the news of LUNA catastrophic meltdown. It's no longer news the worst that happens to one of crypto darling gem. And at this stage I feel no further fall of the LUNA coin will be suprising to any one of us.
This is why I'm of the opinion, LUNA will only grow from here. The worst has already happen. Is there any fall worst than this?
I can understand the pain of traders who have lost their hard earned money on LUNA... I did not. So i feel I'm in a better position to speak objectively on this because I didn't hold LUNA before the crash...
Will LUNA Grow Again?
I think so... There is a strong possibility the growth will come but not so fast. For now it is trading under the radar and many won't care to notice due to the unprecedented fall ....
Here are a few indicators that makes me think Luna will have the chance to grow again...
First, Luna has a great team with good network and they are backed by top VCs. Last year they recieved a $150 million venture fund.
Secondly, I'm impressed by the massive level of support LUNA has received from key players and crypto exchanges even after it failure. The crypto community support it has received in the last 72 hrs is a healing.
I tend to see the attack on Luna as an attack to the whole crypto ecosystem. It means no coin is safe. This is a worrying sign considering that the massive sump was caused by some hedge fund whales. The crypto ecosystem system have to protect their own.
Thridly, no top exchanges at least for now is planning on delisting LUNA even Binance made a u turn to relist it.
Fourth, The recovery of Luna is already in progress but many might not have noticed it because some are still suffering from the devastating shock.
Honsetly i dont think they are going nowhere.. I like how the Luna team are accepting the responsibilty of their failure.... this is a big chanllenge for them.
LUNA is like a billion dollar money making machine backed by VC funds that got faulty.
I'm not expecting the owners to throw way such a machine.... if they do , no other type of machine they bring to the market will attract the confidence of investors.
They have to repair it and make it work again. I think it will be repaired.
Are the Luna team ready for this challenge? I think so.
So if you want take this risk, I will suggest it should be an amount that if lost won't worry you.
Remember this are only my opinion and not a financial advice.
Trade Responsibly...
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Tether Dominance Analysis5/14/2022🟡 USDT DOMINANCE
🕒 Daily TF
➖➖➖➖➖➖➖
USDT dominance is forming a bearish ALT AB=CD pattern, whose potential reversal zones are 1.272 and 1.618 fib extension retracement levels, from where we can see a reversal.
So, a reversal can be expected from the marked two levels, which would confirm a bullish sign for the crypto market, after the reversal because USDT dominance and the crypto market work opposite each other.
✍This Analysis will be updated.
📆5/14/2022
BUY LUNA NOW!luna is giving u the best buy ever, the team behind luna has already come up with a recovery plan
this could be the best trade in a long time.
LUNA/USDT Small Update ( Buy or Stay Away from This Project ? )#LUNAUSDT LTF Update:-
$LUNA Currently trading at $0.00013
Its almost 99.99% down From ATH
This Is not Investment advice.
Just LUNA update for you because Everyone now Hate to $LUNA ( Even I am also )
So LUNA must hold $0.000050 for Uptrend.
If Breakdown Then One more time it will give Huge Loss.
Upward Side $LUNA will hit $0.007 if Hold $0.00005 level.
Again I tell You this is Not Investment advice because LUNA Very Volatile From Last Week.
Keep Active CryptoPatel will Post Everything about Market.
Thank you.