Short LUNAUSDLUNA is currently in good price to short.
All the other cryptos are falling and I bet LUNA will drop even stronger.
Terra
Luna OB it will make cypto economic bubTerra’s stablecoins are algorithmic stablecoins, meaning that the protocol is designed to achieve price stability by using algorithms. For instance, the value of UST is equivalent to US$1 and should remain stable thanks to the LUNA token. When UST drops below US$1, LUNA supplements the UST supply to help it maintain its peg to the dollar.
Users who want to mint Terra stablecoins need to burn the dollar-equivalent amount of LUNA. A small portion of LUNA tokens used to mint stablecoins — also known as seigniorage — is sent to the community treasury, which makes minting stablecoins profitable for the network. It’s a process similar to the seigniorage from which central banks profit when they print money.
Luna went 22$ than 3$ in few day ,The system have been fixed some mechanic but the government of this coin will print money too much with ust and luna that may crash cypto market but nobody know the idea is good but need time to watch closely.
Day,week too much ob and upper band if they gonna make strong basis will much price around 60-70 first
Long opportunity for Luna Buy retest of demand zone
Luna tried to breakout of ascending channel but failed to establish support and flip top of channel to support zone - this is considered a standard bull trap.
Target : top of channel line
SL below demand zone (white rectangle)
Terra (LUNA Just hit moona!)Hey Hey
What's up fellas
long time no pump eh?
Bear market coming!? then you must think twice about your portfolio
we just made 70000% profit with only Terra so its time to talk about this gem,
Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements.Development on Terra began in January 2018, and its mainnet officially launched in April 2019. As of September 2021, it offers stablecoins pegged to the U.S. dollar, South Korean won, Mongolian tugrik and the International Monetary Fund's Special Drawing Rights basket of currencies — and it intends to roll out additional options.Terra's native token, LUNA, is used to stabilize the price of the protocol's stablecoins. LUNA holders are also able to submit and vote on governance proposals, giving it the functionality of a governance token plus they are rich enough to go to moona as well!
congrats to 30 billion dollar marketcap
got pump?
Terra (Luna) to confirm breakout by new ATH?Terra (Luna) to confirm breakout by new ATH?
Would be great if OBV also gains new momentum.
But be careful... RSI should make a higher high as well to avoid a bearish divergence.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing
ORION MONEY (TERRA ECOSYSTEM)This one is completely under the radar, it seems. With Astroport (TERRA DEX) around the corner, the whole ecosystem of TERRA will react in a positive way imo. Exchanges always give ecosystems a new perspective and ORION is a coin that really has potential to grow!
DYOR
Good Luck & Good Trades
V
Luna breakout imminentLuna looking really close to breakout of broadening wedge. PT listed.
Wait for confirmed close on H4 before playing the breakout.
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Top 10 trading tips:
1. DO NOT FOMO into PUMPs.
2. Set a strategy and be consistent. The more you use the same strategy with the same $$$ amounts, you will be able to identify the winning set ups quicker and you will need to win less trades to be profitable over time.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, make you know your target (or take profit target and let the rest ride) AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. It is hard to deal with emotions when trading, set parameters up front so you keep your self accountable. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Use multiple indicators to confirm your TA on price action.
10. Only trade what you are willing to lose. It will be hard to trade without emotions.
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
Terra (LUNA) - December 14Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(LUNAUSD 1W Chart)
Above 20.8825536 point: Expected to create a new wave.
We need to see if we can continue the uptrend along the uptrend line.
If the decline is from the 46.1588879 point, a short-term stop loss is needed as it could move near the 31.5842288 point.
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(LUNABTC 1W chart)
Above 0.0003985 point: Expected 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 be able 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 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 been released yet.
(Since it was not disclosed, 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.)
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LUNA - Good opportunity (Maybe $77)LUNA is currently at the bottom of its uptrend channel
There is a high risk of entering buy/long trades at the moment, but given SL's close proximity to the price, good Risk/Reward and positive divergence this is a good buy opportunity.
The rest are specified in the chart
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Good time
LUNA Hello Everyone
We see the shadows and the pin bar pattern of the candlestick, which gives credibility to the break of the trend line
Although the market and bitcoin are not doing well
LUNA is a good place
Enter the purchase step by step
If it goes lower, it can be supported on the static range at the price of $ 22, where the 200-day MA is also located
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If you have any questions, you can write it in comments below, and I will answer them
And please don't forget to support this idea with your like and follow, thank you...
LUNA breaking out againAfter hitting all my targets... 👇
... Terra consolidated and created triangle 📐. Now the price broke up this and I think there is chance for run to 89.5 and even higher. Setting BUY LIMIT order to catch the pullback. 75.54 should be resistance. LUNA just moon please!🌑
ENTRY : local high @ 73.18
SL : local low @ 69.76
TARGET : height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @ 89.50
RRR : 4.2
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Terra (LUNA) needs to confirm breakoutLuna (LUNAUSD) needs to confirm breakout by a higher high.
Would be great if OBV also gains new momentum 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
LUNA - doesn't care about the recent market dumpTerra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems.
Current No. 10 at CMC with 26 Billion M.Cap.
After last accumulation phase LUNA has grown 470% (before first bigger price drop).
Right now LUNA breaking out of the ascending accumulation and retested the upper boundary of the range.
Despite recent market dump LUNA continues its path to new highs.
My take profit targets are unreached fibonacci extensions at 90$ (TP1 - 50% from breakout) and 110$ (TP2 - 75% from breakout).
Given the large valuation of 26 Billion, I don't expect some huge moves here. Swing trade with stop loss under 60$ is my game plan for LUNA.
LUNA- CLEARED FOR TAKEOFFPicked up more LUNA Saturday morning. Up practically $20 from that entry! This is another one that perfectly shows a chart saved by fibs. The 0.382% is essentially the stopping point that HAS to hold on theses names. Granted it is a slightly different story when we are getting a all-out crypto dump like we saw a few days ago. But Still powerful to see. This name WILL not stop so if you are not in, you need to get in now. We will DEF be at all-time-highs again imminently! Great project, great chart, great momentum!
Luna add zones for 6/12 till 15/12It was a great rip and dip and rip, I was also quite baffled how the preparation came in handy to scoop dips exactly at the 48-51 region
TLDR: looking for adds at 52, 57 , or reclaim and retest of the fib and parabolic channel at 60-62ish , waiting for ASTROPORT + MARS + UST brr = Luna to 81~97
We have broken out of the ascending channel and back into the parabolic pitchfork, where we tested the prior parabolic resistance immediately after slightly crashing past the ascending channel resistance.
While the outlook for these 2 weeks would most probably be bearish, keep a lookout for LUNA/BTC LUNA/ETH and BTC.D charts to determine the adds zones
I would assume accumulation on the previous ascending channel would be an ideal add zone (57s), 52.5 is the middle of the ascending channel that probably is the "fair value". Losing this fib level at 62 means potential revisit to downside to 46 (previous fib), though i think majority of bids would be at 50 right now (psych number).
Staying in this parabolic channel is seriously exciting as 70-80 can be revisited soon, with potential white swan MIM-UST, BNB list of UST (already have wrapped BNB in terra now sooo) to send it visiting the upper deviations of the parabolic pitch fork (LUNA to 110-130)
Know what you own, where to add it, and where it is going. Cant not call myself a moonboi when the coin literally means moon