Is Luna approaching a new rising wedge?Luna after her first run in September continued towards an uphill path forming a rising wedge which led to an expected negative breakout in mid-November , a fall that bounced back to .61 Fibonacci from the first run.
Now we are facing a Luna that even after its second run does not hint at a retracement , continuing to have new Higher Highs , could we therefore find ourselves facing a new rising wedge?
In the event that the chart continues inside a rising wedge, we can expect a negative breakout between January / February that should bring the price of Luna to the 0.61 Fibonacci area , therefore around $ 55.
Excellent point for a strategic entry.
What could we face if it breaks the current pattern?
Terrausd
LUNAUSDT , Its in good condition Hello eveybody
According to our last analysis that you can see on chart the exactly our way happened and now its ready to to go up more and more , but the important thing is the market should come down and drop more to stop hunter this position and ...
You can buy in buy zone area and we think after the price impact to the trend line its ready to go up and reach to the target
Previous analysis :
Good Luck
Abtin
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.
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 !
TERRA flag like pattern ( bullish )Of course many says flag pattern is about much more less candles than in this chart,
but as price broke through the top line, and in pull back , I bought 30% of what I had in mind for buying Luna (TERRA)
As seen above, the price is just playing in small rectangle so if it break it up, and have at least one +closed candle and the next is a good one! I will buy the rest.
The first target is equal to the top and start of the flag, and it may continue to go up just like the handle of the flag!
Pay Attention: IT MAY! :)
#Terrausdt
#Lunausdt
#Terra
#Luna
#Terra/usd
#Luna/usd
