Terra Classic (LUNC) completing bullish Shark for upto 49% pumpHi dear friends, hope you are well and welcome to the new update on Terra Classic (LUNC) with US Dollar pair.
In a 1-hour time frame, LUNC is about to complete the final leg of the bullish Shark pattern. There is also a hidden bullish divergence, as the priceline is forming a higher low, and Stochastic is setting a lower low.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Terracoin
Thoughts about the LUNA and 1 cent. The situation with LUNA reminds me the situation with Shiba. People do not pay attention to the market capitalization of the coin, etc., they just think that 1 cent is real and that’s all. This is a kind of psychological factor. Buying a coin for a $100 or several thousands coins for $100. .. Luna currently has a market capitalization of 2 billions. If we assume that the capitalization will grow 10 times and the founders will burn half of the coins, then the goal of x100 is very real even from this point.
The only thing we don't know is what the founders have in mind, so it means that coin depreciation is also real, it’s just might become zero. Who wants just take this risks.
And one more thing that I see, the crypto community missed about such memes, the Luna communities in social networks are growing fast and it’s very large rn, and this is another very strong bullish factor.
TERUSD: The Anatomy of a Crash!!!!TERUSD
Intraday - We look to Sell at 31.98 (stop at 44.80)
The primary trend remains bearish. Price action continued the aggressive move lower and looks set for follow through selling today. We can see no technical reason for a change of trend. Further downside is expected.
Our profit targets will be 1.30 and 0.00 -This is technically a market crash!
Resistance: 10.00 / 20.00 / 30.00
Support: 0.00 / -20.00 / -40.00
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Terra: Refreshing 💧Especially as temperatures are rising, it is important to drink sufficiently. Terra seems to heed this advice and has entered the blue zone between $83.07 and $62.20 for a second time to refresh itself. Currently, Terra is making a move to leave the bracing blue area already. However, we primarily expect the altcoin to dive a bit deeper again to finish wave (ii) in blue, ideally in the lower half of the blue zone. Afterwards, Terra should be invigorated enough to move upwards.
Terra: Into the Pool 🏊Terra has let go of the orange zone between $140.82 and $118.55 to drop down. Now, it is about to dive into the blue pool between $83.07 and $62.20, where we expect it to do some laps and to complete wave (ii) in blue. Afterwards, Terra should feel chipper and refreshed enough to start climbing upwards. To realize this, though, Terra should not sink below the support at $46.56.
Terra LunaEverything is in the Graph. Bearmarket not yet here, and if we enter a Bearmarket, it will be smoother than you think.
You don't want to be a Shorter, but a "Bottom Fisher" on big projects.
What Is Terra (LUNA)?
Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements.
- Notice in this analysis the perfect harmonic ascension in Fibo Channels.
- i will post older analysis from 2021 in comments.
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Trading Plan
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Buy : 60$-56$ (Gift Buy)
Buy Breakout : 77$+
TP1 : 77$ ( if Luna retrace in Buy Zone )
TP2 : 95$
TP3 : 119$
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SL : under 49$
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Stay Safe, Trade Wisely.
Happy Tr4Ding !
Luna Prepares for 94% RetracementThough this may be the most absurd idea I've made thus far, based on my recent review of Luna's all-time price action, it is my belief that this asset will make a tremendous 90%+ drop to the range of $2.70-$4.
Let's connect if you'd like to figure out how this target was discovered and/or how to better read price action, from a scientific approach.
Maximize profits, minimize loss; surf.
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
eyes on $luna this week.new ATH incoming i guess! Trade with good RM. Looks ready to take off early this week
Terra LunaVery Strong Ecosystem Project. DYOR it before buy it. imo this project Bottomed already with the last BTC Crash and got a very strong rebuy around 4$. Time to shopping a bit.
What Is Terra (LUNA)?
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 2020, 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.
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Trading Parts :
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- Buy Zone : Now
- Rebuy Zone : 4.5$-5.5$ is gift
- TP1 : 11.5$ ( Security TP )
- TP2 : 18.9$
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As always follow theKing on priority!
Happy Tr4Ding !
Luna-Terra look for a continuation pattern upGood day fellow traders,
Terra needs to be on your radar here, position-wise it's not at an ideal spot to enter for a trading opportunity( middle of the range), only with the right experience plan.
In that regard, our risk-reward ratio is still 1:4.
- MACD looking like it wants to move
- DMI and RSI at a healthy location
- Consolidation since 24th April, after healthy correction from the previous high, which validates stronger support 0.236% level(relative in crypto:)
- Resistance level at 61.8% > $17.85
- Monitor the Daily for confirmation of either breakout, bullish momentum.
- It is always better to enter on a swing low, meaning be patience and wait for assurance of trend change- or buy low
Buy up to $ 17.5
SL $14.8
Info and targets on the chart,
Always pay attention to the engine BTC in crypto space for sudden changes in charts, only trade stronger coins in this period. And as always in Crypto- watch your butt.
Good luck to you all,
This is not Financial advice
LUNA(USDT) LONG AND SHORT VIEWHello! We seem to be in a slightly descending-channel / triangle shape ▶. I am expecting a break up and out of this formation as long as BTC and ETH don't fall off a cliff 🤸♂️🐻.
I'm thinking if we can gain some support💪 at our yellow🟨↔ line here (~17.155,) that could be a good indicator for the possibility of more bullish run to our approximate targets🐮🏃♂️.
It would be wise to wait for confirmation that we broke UP before entering🆗.
As usual, depicted above, is a bear path for other reference🐻🙂.
SHORT FUNDAMENTAL OVERVIEW: 👀🔍🧐
TerraForm Labs(created by a large blockchain firm) is behind many projects, and they have their own blockchain called TERRA🌒🌙🌚.
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They mint stable coins that allow for safer e-commerce through various protocols👌✅.
TERRAs coin LUNA🌚 is on almost every popular blockchain👍, and top investors that stake LUNA earn great rewards💲🤞.
TERRA has also created MIR protocol👏 which is highly advanced protocol that collects prices of stocks and delivers information to various blockchains and fungible tokens (assets🌏.)
I think LUNA is just getting started here, the amount of transactions/ tasks it performs is incredible!!🤯👍
🛑🛑🛑This is not financial advice, always have a stop🤚🛑💲 loss set🛑🛑🛑
It is a good idea to always monitor 🧐👀 BTC and ETHs movement when making any trade
Would love to hear your opinion on TERRA/LUNA😃
Any thoughts 💭🤯, questions 🖐❓🙋♂️🙋♀️, happy😃, sad😥, like👍 or dislike 👎 welcome in comments below!👇😄
Jazerbay ☯
Terra - $LUNA - Setting Up for a Run to $23?I've been watching $LUNA for a while now and the price action looks like a cup and handle formation that is usually a bullish sign for the near future. Short-term target price is $23 to close out my leveraged positions. I plan to hold some spot positions beyond that point.
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DISCLAIMER: This is NOT financial advice. My content is meant for entertainment and general information purposes only. It's only my opinion and should not be taken as financial, legal or tax advice. I'm not a licensed financial planner or investment advisor. Cryptocurrencies carry a lot of risk and you could lose everything when buying and selling them. I will not be held responsible for any losses or gains as a result of my content. Please DO YOUR OWN RESEARCH before making investment decisions.
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Terra - $LUNA - Close to Being Sent! Grab Your Bags.Terra - LUNA - is sitting on the support trendline and about to make a run to test the ATH very soon!
Grab your bags of this one with a price target of $22.50 to take some profits.
My plan is to leave about 25% in there as a moon bag and then moving on to the next play.
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DISCLAIMER: This is NOT financial advice. My content is meant for entertainment and general information purposes only. It's only my opinion and should not be taken as financial, legal or tax advice. I'm not a licensed financial planner or investment advisor. Cryptocurrencies carry a lot of risk and you could lose everything when buying and selling them. I will not be held responsible for any losses or gains as a result of my content. Please DO YOUR OWN RESEARCH before making investment decisions.
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$LUNA - trade ideaSeen a healthy 34% correction on this dollar pair
A retake of the lows would be decent enty position with stops beneath the double bottom formation
Could add on a trendline break and on the kneckline retest of the double bottom
Targets are the range levels and 2.0 extension where if the run was very healthy could leave 10-20% for price discovery targets
Alerts have been set, see if it gives us what we want!
Terra seeks to achieve its vision through two prongs: stability and mass adoption. For the latter, the platform has brought together a group of companies into a consortium known as the Terra Alliance, whose goal is to promote the use of 'Terra’s payment network in the eCommerce market. The Alliance boasts several well-known players such as TMON, Qoo10, Carousell and Pomelo. In 2019, the Alliance had an estimated $25 billion in gross merchandise value (GMV) and 45 million users.' - GoinGecko - fundamentals speak for themselves
LUNA wants to get out of Trading Rangehi
It seems that if the price stabilizes above 19, it will leave the trading range and will have an upward trend.
TVKUSD Preparing for LONG 100%Guys we ready to fly,
price in lower TF, shows making new HH and HL, lets be ready for new high,
First Personally I expect to touch our trend line or our dynamic support, then just watch how it goes
As always any question more than welcome to answer .
tlgrm.me/FxShzd
GOOD LUCK !!!