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LUNAUSDT

PRICE PROJECTION WITH TARGETS - DAILY LUNAUSDTTechnical analysis regarding the price of TERRA in relation of dollar Tether for the next scenarios, based on daily movement. disclaimer *** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. *** Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
Short
by luizhcruz
LUNA should but doesn't wantLUNA is in a clear pattern which should take him down but it's showing a lot of strenght, if you compare with the rest of the market it hasn't gone below that support at 87.33 USDT. Last time I've seen such pattern (inverted cup) everything went down slowly because it was on high timeframe but this is visibile at low timeframe so "on paper" it should go down quicker. Volume is going down, bearish DIVs are there so I don't hide the fact I'm pissed off because I've been expecting the retracement for days now. In fact, I've sold at 74.45 in order to buy back lower (I had entered around 50 USDT) and LUNA kept pumping. Considering the strenght of this coin it could even start pumping again BUT since everything is red and since the signs I DO NOT reccomend entering this trade now. If it goes down the supports are on the chart but maybe, if we're lucky and BTC dumps more we can even see a deeper retracement. However LUNA it's impressive so it could disappoint me and whoever wants to buy back or just buy it below 87. Be careful.
Short
by Shotokhan
29
Luna respected to the resistance levelAs previously warned (see link below), Luna, after breaking down and pullback, respected the resistance and formed the first red brick in the Renko chart. This could be a sign of the beginning of a downtrend in the future. Three target levels are indicated in the diagram according to Volume profile and Renko support/resistance levels. Currently, only the descent to the first target is confirmed. The continuation of the descent process until the next targets in the future will be examined according to Luna's behavior.
Short
by cryptoonchain
Luna gains a lot of energy after correction.Hello everyone, Let's take a look at the LUNA to USDT chart over the 4H time frame. Let's start by marking the local uptrend line with the blue line where the price unfortunately turned back. Now let's move on to the designation of the support line, which we can see at $ 76.38 if the price does not hold, the next support is at $ 70.21 and another $ 64.28. On the other hand, it is worth setting the resistance that the price has to overcome and you can see that the first support is $ 90.11, while if the price breaks the resistance, the next one will appear at $ 103.13. Please be especially careful and observe the market behavior because you can see on the CHOP indicator that we have a lot of energy for the next move.
by cryptodailyuk
2