LUNA Terra 1D ChartHello friends, today I am completing a technical analysis on the 1D linear scale chart for Terra ( LUNAUSD ), an altcoin cryptocurrency. Please review the chart and analysis below carefully as there are many trendlines and indicators.
#CryptoPickk notes the following:
1) Terra price has been exploding and took no consideration for the recent crypto market crash, however as anything goes up fast, it goes down just as fast. That's a life rule if you are not aware.
2) If Terra price retraces downwards assuming the price comes back down to the wick, it could retrace back down to the 0.786 Fibonacci Retracement level at around $10-$11.
3) The 0.786 level has been an altcoin retracement level for many crypto altcoin.
4) This would also be supported by a multi-month trendline which is around the $10-$11 range (in yellow color).
5) The RSI (relative strength index) and Stochastic RSI (Stoch RSI) are coming out of the overbought region and have potential to get down to the oversold region with a drastic price drop.
6) Terra has moved up very quickly over the past week and it may not be sustainable without proper consolidation so be cautious.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
Terra
We've GOT a Break Out Here!This will take time, but in next 100 days this target would be CHECKED!
If you have #luna just fallow it with a safe SL and let it grow to where it can go!
PLZ manage Your Capital And RISK!
LUNA, Main BULL-FLAG-FORMATION Forms AMIDST THE DUMP!Hello,
Welcome to this analysis about TERRA LUNA and the 2-day timeframe perspectives. In recent times we have seen the cryptocurrency market dumping heavily to the downside with the main major coins increasing bearish pressure. As already mentioned before guys the cryptocurrency market changing more and more and the divergence between the altcoins is increasing more and more. This is why there are crypto coins that are forming appropriately bullish setups while there are others forming neutral phases or ones that are more bearish in the market. With Luna now I discovered an important coin that managed to hold its position throughout the crash and is forming a major bullish formational structure on which it can build up, therefore, I detected the main structures and formations to consider here.
As when looking at my chart we can watch there how Luna is forming this massive ascending-channel-bull-flag-formation marked with the blue boundaries and the coherent wave-count within with the waves A to E already completed. Now as Luna bounced within the lower-boundary of the ascending-bull-flag-formation to the upside it moved on from there to test the upper-boundary of the formation. Now with these determinations, we can also see this triangle-formation forming in the structure above the 35-EMA in red and the 10-EMA in green which is actually the right setup for a continued breakout to complete the triangle and when this happens a final breakout above the upper boundary of the ascending-channel-bull-flag-formation will be the origin of great continuations.
Taking all these factors into the consideration here with Luna we have a bombastic structure on which Luna can build on and finally complete this whole formation appropriately. When the formation is completed as suggested this will activate the bull-flag-target-zone marked in my chart in blue in the 300 Usd level. Once Luna has reached out to this level it has to be elevated how Luna continues from there, remember that we always trade what we see not what we think therefore we will see how these structural determinations will move on forward with Luna. For now, Luna is one altcoin that is forming this great formation, there can be others as well that have some good potentials, let me know in the comments and I possibly look into it.
In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best!
"There are many roads to prosperity, but one must be taken."
Information provided is only educational and should not be used to take action in the markets.
Luna's pathEcosystem in LUNA have been failing, looks like only master builder Do Kwon can single handedly save LUNA with busan and korea gaming.
Looking to claim the channel's range high at 56 once we breakout of a known fib here
To reclaim the exponential momentum we had, we need to consolidate above 63
Discount buying at 39-41 still available if those are just wicks.
Its alt season, may all bags pump ;)
ATOM LONG$ATOM is showing multiple-formations bullish setup. $ATOM bounced off the bullish long-term trendline and a support level. Descending trendline was also broken to the upside and movement is going to continue up to 43$
LUNA Terra Upcoming Price ActionHello friends, today you can review the technical analysis on the 4H linear scale chart for Terra ( LUNAUSD ), an altcoin cryptocurrency.
#CryptoPickk noted in the chart:
1) Terra price has been moving up a rising channel since August 2021 with the price currently looking to re-test the top of the trendline which would create an all time high for Terra.
2) The price is being supported by the green Ichimoku Cloud.
3) The Fibonacci Extension level, if the price breaks out of the channel, would meet the 1.618 level at $78-$80. That would be about a 50% price increase from the current price.
4) The Volume is coming back in from being low for a while.
5) The RSI (relative strength index) may possibly break the top trendline which has been resistance for many months.
6) The Stochastic RSI (Stoch RSI) is in the overbought region but has hovered there in the past for multiple days.
7) If price gets breaks downwards, expect to re-test the $41-$45 range where the Ichimoku Cloud support is as well as the 0.618 Fib level.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
LUNA strong price positionLUNA has a very important rebound and price stabilization, BTC has not strongly affected the price of LUNA, which shows its own strong trend
💡Don't miss the great buy opportunity in LUNAUSD @terra_money Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (44.31).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LUNAUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 59
Take Profits:
TP1= @ 46.96
TP2= @ 48.67
TP3= @ 50.28
TP4= @ 52.43
TP5= @ 54.99
SL= Break below S2
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Luna LONG$LUNA failed the attempt to break through the lower boundary of an ascending channel and is now bouncing off that. It is also the local support level. Bullish movement inside the channel will likely continue and reach the top boundary.
LUNA usdt short time analyse double tops is completed.
price drooped and now I guess is the best time to buy
RRR >2.5
Luna LONG#LUNA bounced off the lower boundary of an ascending channel inside which it has been moving since Jul. Bullish movement is likely to reach the top boundary at 70 $.
Terra Luna price forecastHello.
The analysis of Terra Luna follows, looking at the graph against the Dollar and Bitcoin at the same time.
(I think it's a fantastic project with enormous potential to grow... its MarketCap is still smaller than that of ShitCoins like Dodge, Shiba and XRP, which doesn't make any sense...)
LUNA/USD
The price continues to respect the exponential moving averages of the maximum prices of the last 9 weeks (green), 21 (blue) and 50 (orange).
The average of 21 served as support twice holding a bear trap.
In addition, we have a long-term bearish ascending wedge.
I believe that sooner or later the price will break up and then down (considering the context of the LUNA/BTC chart).
This may take some time...I believe it's on the purple line on December 20th.
The price could reach up to U$70 in an optimistic scenario, and U$125 in a super optimistic scenario.
And in the end-of-the-world scenario, the drop would be up to US$23.
LUNA/BTC
Nowadays, it is difficult to analyze an asset only against the Dollar or any other inflationary state ShitCoin that only loses value.
Therefore, it is very prudent to analyze its real value in relation to Bitcoin.
So, in the graph against Bitcoin we also have an ascending wedge.
If the price follows the uptrend and hits the resistance line of the wedge, which coincides with the Fibonaci target at 78%, we will have a rally of between 50%~70%.
In a super optimistic scenario, we would have a rise of 150%.
When the buying force is exhausted, the price will break the wedge down.
Summary
Considering both charts, the scenario is optimistic, however there will be a certain period that it will be good to be aware of if there is a strong correction after the uptrend exhausts.
Good winds!
Luna Breakout Pattern Luna is making Rising Wedge pattern, There is breakout waiting at 55$. If luna breaks the 55$ then next target will be 60$.
Follow For such more ideas.
LUNA market breaks higher and sets higher low at $52Terra price analysis is bullish today.
LUNA/USD set higher low at $52.
The terra price analysis is bullish today because another higher low was established at $52 following a continuous decline yesterday. As a result, LUNA/USD is likely to make an attempt at breaking out above previous highs in the next 24 hours.
LUNA sets higher low at $49, the market is ready to break higherTerra price analysis is bullish today.
LUNA/USD set higher low at $49.
Resistance to break at $53.
Terra price analysis is bullish today as another higher low was set at $49, after a steady decline yesterday. Therefore, LUNA/USD is likely ready to attempt a breakout above previous highs over the next 24 hours.
LUNAUSDT 1DHi everyone
With the price crossing the 52.36 ceiling, we can expect an increase to 61.92, and if it stabilizes above 61.92, we will expect a further price increase
If the price can not cross the specified resistance, we can expect a price reduction to the range of 48.39 and 46.20, and if the price stabilizes below these supports, we can see a further reduction in price
Good luck
LUNA healthy situationLUNA in the coming days, will try to break through the important price level of $50 BTC situation will be key here
Luna to the moon within a week?
Maybe it's just me seeing this, but the fact that bottom of bollinger bands hasn't been touched for quite a while, because support from the trend has been placed higher and is visibly enough. On the other hand we have squeezing under a recent resistance. It needs to play out somehow within a week or so. Looks like a lot of steam in the kettle ;) which ends up on the moon.
Trade wisely and DYOR!
Terra (LUNA)Hi everyone,
This is my description:
Purple Lines: Support & Resistance (for a week) “VERY IMPORTANT”
Blue Lines: Support & Resistance (for a day) “IMPORTANT”
Orange Lines: Support & Resistance (for a 4H)
Thanks for your attention.
**IF YOU WANT ME TO ANALLYSIS ANY OTHER CRYPTOS, PLEASE COMMENT THE NAME OF IT FOR ME**
Potential Metaverse gemMetaverse projects are going parabolic this weekens with the announcement of the Facebook rebrandind structure. Theres about 3 billion monthly Facebook users, with only a fraction of these rasping the possibilities of the metaverse. With parabolic rises and still low amount of metaverse interaction i see a huge potential in this crypto sector.
I see a HUGE opportunity if this retraces down to meet the POC, or the support level below. Other than that a breakout trade should also be primed.
LUNA: Luna wants more.Breakout of the upper trendline.
Scalping this to $48 since $50 is a strong psychological level.
Good luck!
LUNA strong upward trendLUNA is doing very well, recovering price levels and forming a strong uptrend, but everything will depend on BTC and the situation in the near term
perfect trend to trade in Lunain 1 H period there is a good trendline you can follow the down and up prices easily.
P.S Always make your own decision, This is NOT a financial advice
