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Terraluna

LUNA: wait to make a moveLUNA almost touched ATH, bounced on a resistance at 100 USDT and looks like it's retracing. Before Do Kwon bought BTC yesterday this coin was assuming a bearish trend as it was already out of the bottom of the channel. After the massive BTC buy we can see it entered back in its ascending channel . Unfortunately I was shorting as I didn't know the "BTC shopping" was due for yesterday and I even lost money.... bummer! All the indicators are lower than when price was at similar price last December, which isn't very ipsiring however volume increased and this can be a ring bell, if people gets excited and start FOMOing TA doesn't matter anymore. MACD is approaching a point where it could flip bullish as well. Current green market it's all LUNA foundation buying BTC , if this brings back hype in the market then we'll see average investor sustain current prices otherwise when Do Kwon will stop buying BTC will fail to create support and go back down. Right now everyone is euphoric but try not to FOMO in. About LUNA price: after not going over 100 USDT it's now over the channel's lower border, if it goes down next stop is 94. If it pumps again and makes support at 100 we'll see a new ATH. My advice right now is not buy nor to sell until one of these two options materialize. I'll post screenshots in the comments.
by Shotokhan
2
Luna needs a correction and its happening SHORTAfter rising 80% from it's Jan 30 2022 low Luna has lost steam. I believe that leveraged long positions are now taking profits. I have highlighted the MACD index where the signal line has crossed over the MACD line (red over blue=bearish) This is an 8 hour chart which makes the indicators even stronger. I love this asset and what the Terra Ecosystem is doing but a correction is in order. Look for the price to find support around the 20 VWMA (volume weighted moving average) which would be around $64-$67. Unless there are any unforeseen non technical events in which we could see the asset drop even lower, or possible shoot higher. I am bullish long term on this asset, the laws of TA say this one needs a healthy correction. Also, if you follow the vertical line down to the RSI index you will see that LUNA is way overbought right now and on pace to touch the sell signal which makes this an even stronger case. Check below for some of my other ideas.
Short
by CryptoSlayerFX
Trading Signal For LUNAUSDT TerraTrading Setup: There is a Trading Signal to Buy in LUNAUSDT Terra. Traders can open their Buy Trades NOW Rank : ⭐️ ⬆️Buy now or Buy on 85.98 ⭕️SL @ 75.05 🔵TP1 @ 114.05 🔵TP2 @ 128.40 🔵TP3 @ 155.60 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands previous signal If you liked our ideas, please support us with your likes 👍 and comments .
Long
by pullbacksignal
2
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
$LUNAUSDT the new king of scalping and day tradingIn the previous weeks and months, when thinking of scalping and day trading opportunities we could only think of $BTCUSDT and $LINKUSDT as stable means for good trades. In the past couple of weeks we have seen a major change in the paradigm of cryptocurrencies. The power LUNA is receiving from all external and internal factors of development is giving traders the much needed fresh air and change in status quo. Too much traders have been thinking of crypto as a means of HODL. But many would argue, traders are supposed to trade and perhaps that's where cryptocurrencies require a slight rebalance of scales in comparison with algo trading and whales manipulation. LUNA has proven time and time again to move against Bitcoin and even where Bitcoin slides, LUNA bounces back, and from this perspective, safe and stable scalping and day trading is back on the menu.
by UnknownUnicorn35305092