LUNAUSDT
Bitcoin next move will determine LUNA rally or decline Hi guys, welcome to my page.
We can swe what's happening in the market; everything going red. The mantra "buy the dip" will only hurt your portfolio the more if you don't understand market structure.
Currently, Bitcoin is hovering around the 30k support zone, what does this mean for Luna after registering a significant loss?
Well, in my opinion, If Bitcoin is able to hold that support and bounce back up it might be good sign for Luna.
The next support zone for BTC is around the 24k mark, this is particularly bad for Luna investors because if BTC were to head down lower; we could be seeing Luna at the next support which is the $1.6 dollar mark.
If you're considering buying the dip, I strongly advise you to give it a second thought.
Anyways, Futures traders can grease their palm and take advantage of the dip if Bitcoin pulls lower.
Note: this is not financial advise. All notes are my original ideas. Your inputs are welcomed.
Luna - Bear It's really not unusual for a coin to lose 80-95% of its value in a bear market. Look at the three charts I've provided alongside this one, and you'll see that my schizo bearposting turned out to be accurate.
I'd be surprised if over the next few months Luna doesn't drop down to the low 20s.
A #perfect #long #opurtunutie for #lunaI saw many analyses that said #luna can bonus from upper levels but here we are and we have 8$ #luna, I guess you saw the previous #ta about #luna on my #tradinview #profile here I have a #perfect, and of course #midle #risked #long #position for you on 4.50 and 4.30, but remember where we are, I mean markets already in a high #bearsh #mode, so plzzzzz try to #duble manage on your #capital as always!
#stay #safe
this is one of my favorites I always loved it. #lunaremember the previous charts about #luna I've been shared before? here's what I'm going to share the latest idea I'm thinking that would happen, but remember this is just an idea and it doesn't include any #trading #setup so if you are using it, try to use it with your strategy as I always notice.
#stay #safe
LUNA: GREATEST RUGPULL OF 2022! BEST BUYING ZONE??Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this LUNA/USDT update. LUNA is dumping very hard. Almost 100% dump in few days. It is a biggest rug pull of 2022. Many people asking is it a good time to buy LUNA. So here's is my take on this.
According to the TA, we have a strong support zone at $4-$6 for LUNA. Here I don't see any support and it is continuously falling. As of now I would recommend to stay away from it. When it reached to our support zone and if taking a good support there then I'm buying a bag on spot. Till then I'm out of it.
Entry zone:- $4-$6
SL:- If any weekly candle closes below $4 then exit.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
LUNA Analysis - Next Target $6?Hello Traders...
I'm gonna keep this short and sweet. I am no longer a fan of LUNA, if you saw my last BTC post you'll know that I lost nearly 30% of my portfolio overnight.
Either way I will try to remain objective on this analysis. However truth is in this type of situation, there's really no way of knowing what the heck price will do...
But there are really 2 possible scenarios at the moment.
1) Bearish (Highest Probability) LUNA tags the next major support level at $6 before finally reversing.
2) Bullish (Lower Probability) LUNA reverses from here and fist target resistance at $23, then up to $37.
Heck for all we know LUNA could just keep going down and could hit $1, theres really no way of knowing at this point.
- But taking TA into consideration and most importantly momentum, I think it's possible LUNA hits $6 before reversing. Keep in mind LUNA has lost all trust with the majority of it's customers, me included and also large investment firms.
- Personally I've never seen something like this before with such a large marketcap crypto so it's very hard to predict what could happen. This event could possibly even kill the project altogether if Do Kwon doesn't come up with a solution quick.
**Now I want to say, when LUNA finally bottoms I wouldn't be surprised if it got a massive pump. The problem is that we have no clue what the bottom is. People might think "well if it's $6 the risk is low, I mean how much lower could it go?!"
- To that I say if you bought at $6 and it goes to $3, you just lost 50%. So you can just as easily lose money buying in at $6 as people who bought in a couple days ago at $60.
That's it for this analysis, best of luck to anyone who lost money in LUNA. I know lots of peoples savings were drained so hang in there.
Wait for itThis signal will be very short as it's very late in my timezone.
First of all, maybe buying tons of BTC strenghtened UST but definitely didn't help LUNA.
Secondly, you can see this old ascending channel I had on LUNA, it's still valid, I just added a new support which should work according with VLPR and that volume peak you see there in the chart. Now we can expect two outcomes:
1) if next daily candle will have an higher or similar volume and will keep going down it will mean that selling pressure keeps being high ==> support will break and we'll head toward 57 USDT area;
2) if daily candle will will have a lower volume, we'll likely have to expect a reversal, even though it could be a little one
If we touch the channel bottom (57) wait to buy because if BTC goes below 30K we'll likely see again LUNA at lower prices.
Good luck!
LUNA BULLISH OR A TRAP?As you can see, Luna break out Trendline, EMA 20 try crossing EMA 50 in TF 1 Day, Break Resistance.
But, I think it will be correction cause there is Support (Resistance Before) around price 77. Retest for continue bullish.
Next target around 100.
What do you think?
note: only take position after confirmation and do your own research before trading.
LUNA - $15 Area Provides Strong Support. Below that $5.35Traders,
I never thought I'd be writing this post and discussing support on Luna at $5 and $15. But here we are. Literally, days after Luna was one of the most bullish coins on the market. And it is now a very big factor that currently is negatively spreading bearish sentiment over the whole crypto space. It is not the scope of this post to discuss the details of what occurred. I'll save that for one of my update videos, but in short, while attempting to save their pegged UST stable coin, Luna inadvertently added more FUD and selling pressure on BTC which already getting recked.
Anywho, LUNA now become a predominant factor that we must carefully consider to help us gauge more accurately overall sentiment in the crypto space. And right now? We are extremely bearish, driven largely by great fear, uncertainty, and doubt (skepticism). Regaining trust, if it can be gained, always takes some time.
Understanding what future LUNA price might look like can greatly aid us in gaining perspective on the rest of the market.
As of now, LUNA remains on support at $24. However, zooming in to the 1hr/4hr shows a potential bear flag in formation. The price remains extremely fragile and I would not be surprised to see the bears follow through with a move down to the $15 area, a strong area of confluence in which support intersects with an ascending trendline.
Below that we have approx. $5.35, which is super strong support. If it breaks that? ...no one really knows, but I would start to question survivability.
VPVR supports both of these lower levels.
You can see that we have a nice M pattern on the weekly. Should a bounce occur soon, we would move back up to test that $46-$50 area of resistance.
Watch LUNA closely. It may start to become a lead indicator for us here.
Stew
Luna can tank upto $19After the Luna crash, the whole cryptocurrency community is an awe and shock as the UST being the stablecoin, lost its value, hence, depleting the trust factor of crypto holders from UST and other stable coins.
Technically, we anticipate Luna tanking upto $19, and then take a buy position from the support.
LUNA - Outlook ✅Let's see how LUNA is behaving.
This is a 1D chart. (Long Term)
LUNA also broke two resistance areas and landed on support.
There are two possible scenarios: either the price will pull back and hit resistance or pass the support area and go lower.
Two resistance areas are pushing down on price, and this support level will only hold while Bitcoin is going sideways.
Once BTC drops, LUNA will drop as well.
The RSI shows that LUNA is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $30.60
Let me know your ideas.
Good luck.