LUNA trades at $44.77Terra is another top crypto to buy. Built on the Cosmos blockchain, Terra protocol is a comprehensive, end-to-end payment solution that leverages stablecoins to power the global payment networks.
So far, the protocol has attracted interest from several payment solutions of over 15 initial partners, with a combined $25 billion in gross merchanised value (GMV) signing up with the protocol.
The Terra blockchain has been on a tear in the last few days with the successful launch of the Columbus-5 upgrade. The upgrade meant to enable seamless transfer of Terra’s stablecoin TerraUSD, LUNA, and other digital assets between networks are seen as a long-awaited answer for the protocol’s stablecoin expertise.
Also, the expected burn or permanent reduction of 10% of all LUNA tokens has lent more wings to the protocol’s growing popularity.
The impressive fundamental of the coin has seen LUNA surge in the last week with over 19.80% weekly gains recorded by the protocol. At press time,
LUNA trades at $44.77, up 3.76% in 24 hours. LUNA’s MACD shows that the digital asset is trading on the buy zone.
Terra
Terra vs Tether Chart Analysis (LUNAUSDT #5)This is exactly contrary to what we just saw with BANDBTC.
BANDBTC is trading near its All-Time Low, which makes the chart look great for bottom price buyers like myself.
Instead, LUNAUSDT is trading near its All-Time High... Something that we do not prefer and we definitely do not trade but there are different methods, different strategies, different trading styles... Here is what this chart has to say.
The LUNAUSDT chart has bullish technicals all across.
We have a strong RSI and are in the middle of a very strong bullish run.
On the 4-Oct. week we had a bearish close.
Something to look at for at this level but the bears are not strong.
Bear volume is pretty low and prices remain trading above EMA10.
As long as LUNAUSDT is trading above $33.80 - $34.60, a strong bullish potential remains.
With additional bullish growth, we aim at $52, $71, and $82, it can go much higher... Additional targets can be $111 and $152.
Main support levels based on the previous bearish wave would be around $15 in the range between $13.90 to $19.60.
Where do I see this going?
It can easily print another leg up before any strong correction shows up... But don't blame me if this doesn't happen, this is not my type of chart.
Remember, I am all for low risk and high potential rewards.
Namaste.
LUNA tests $45, prepares to move higherToday’s terra price analysis is bullish as a higher low was established at $40 following a robust retracement yesterday. As a result, we expect LUNA/USD to advance further in the coming 24 hours.
Terra (Luna) AnalysisThere are two possible results to this range area and for a powerful bullish move from right here luna doesn't have enough power but if the price goes to the lowest part of the ascending channel it will find the liquidity for sharp movements.
It's pure price action and easy to understand.
Disclaimer: It's not a signal it's an idea, open positions by your own responsibility.
LUNA mooning?Terra broke up this triangle📐 and I think there is chance for run to 60 and even higher. Setting BUY LIMIT order to catch the pullback and add to my bag. Check the other triangle breakouts in related ideas. LUNA let's moon!🌙
ENTRY : local high @ 40.1
SL : local low @ 37
TARGET : height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @ 59.5
RRR : 6.4
INVALIDATION : when SL level hit
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
🦅 LUNA Wk of Oct 4 Lines on charts...
LUNA/USDT, 8hr 200EMA
So my last chart for Luna worked out pretty well. In fact, I think Do Kwon borrowed my path up for Luna's trajectory. ;)
LUNA has been in a solid channel up since the Col 5 upgrade. I'm still bullish but I think we're going to see a pullback soon, then a period of consolidation. Watch the 8hr/12EMA which it seems to be respecting at the moment. IF it breaks that or the lower channel, this will pull back maybe to the lower trend line or the 200EMA (possibly to $36) before the next real leg up continues...which it will do as more projects come online, UST gains adoption and LUNA burns.
Happy Uptober but remember there is almost always an October surprise.
Good luck!
LUNA LongThe downtrend line provides a great entry for breakout trading, especially if volume continues to contract and hold the price above the support level.
SAR also turns green, indicating an uptrend.
Col-5 must be huge with Stargate and IBC.
No changes on the Fib. Purple lines are the key resistance/support level to monitor.
$LUNA to the moon?? Terra/$LUNA is looking increasingly like it's gonna be one of the big winners for Q4. It's already done around 5x since the summer, so can #altseason bring some big gains? Potentially I think we're look at a minimum of $150 by EOY. But once the momentum starts we could easily get past $200....
Luna next few days...Possible scenarios for Luna. With recent pumps, and the following dumps, looking ahead as many lunatics are to the Col-5 upgrade (Google it...tons of info out there).
Thinking there are 3 scenarios here:
1. We continue to drop to the lower trendline (also roughly the 4 hr / 200EMA) and bounce on Oct. 30 with the upgrade...hopefully moving past the upper trendline
2. We continue to drop to the 8 hr / 200EMA and bounce...hopefully moving past the upper trendline
3. And there's always #3 which is we continue to drop as the Col-5 news is sold probably looking for bottom somewhere down around $23 and maybe start a slow climb back up
I'm bullish that we'll pump through end of year as so many projects launch and UST gains more share, but...
• BTC is looking terrible
• Luna's RSI is bearishly diverged on the 4hr
• News is often sold, many think Col-5 is priced in
Good luck!
$LUNA reversed stonksThe setup we got here clearly suggests continuation to the downside, although quick move to the upside is still possible.
Terra (LUNA) - September 15Hello?
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(LUNAUSD 1W Chart)
(The existing Bittrex exchange chart has been changed and will be published as this chart in the future.)
If the price holds above the 8.7664621 point, it is expected that the uptrend will continue.
In particular, it remains to be seen whether holding the price above the 20.8825536 point can form a new support and resistance zone.
(1D chart)
If you fall from the 32.7999608 point, you need a short-term Stop Loss.
However, careful trading is required as it can touch the 27.3551513-29.1700877 section and rise.
If it falls in the section 27.3551513-29.1700877, it can touch near the 20.8825536 point, so Stop Loss is required to preserve profit and loss.
If it moves above the 36.4298338-38.2447702 interval, we expect the trend to re-determine at the 49.1343892-50.9493256 interval.
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(LUNABTC 1W chart)
If the price holds above the 0.0001171-0.0001743 range, we expect the uptrend to continue.
In particular, if the price holds above the 0.0003985 point, it is expected to create a new wave.
(1D chart)
If the price is maintained in the range of 0.0006869-0.0008291, the uptrend is expected to continue.
A decline from the 0.0006869 point may lead to a fall below the 0.0006213 point, requiring a short-term stop loss.
The 0.0003985-0.0004904 section is an important section for this ascent.
Therefore, if it falls below this range, there is a possibility of entering the mid- to long-term investment area, so careful trading is required.
If you look at it differently, if you find support in the 0.0003985-0.0004904 section, it is expected that there will be an uptrend 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 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 the sake of 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 yet been released.
(Because it is not public, 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.)
LUNAUSDT KUCOIN🌟Terra is a wonderful and nice program in DeFi and we decided to do an special forecast for it as you can observe on the chart
🌟pretty much everything is told on the chart but there will be one question! if we are going to HOLD why don't we just wait for the upcoming dump and enter for more profit !?
🌟the answer is clear, a holder is never about WHEN to enter its all about WHEN to exit, it does not matter how much you will go in loss as long as you are a holder you focus on your targets not your loss, the enemies a holder might have is time as a factor! and his/her own obsession.
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LUNA TERRA LONG ENTRY 20210911Signal: Blue -> Green
context: Green
LUNA, TERRA, LUNAUSD , LUNAUSDT ,LUNAUSDTP, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.