Get started

UST

LUNA/USD Daily TA BullishLUNA/USD Daily bullish. Recommended ratio 100% LUNA, 0% cash. Price Discovery in Effect. Price is breaking out above the upper trendline of the ascending channel from 02/26/22 ($113) after bouncing from the previous ATH at $111.66; it is currently at $116.68 as it approaches a retest of the new ATH ($118.21). Volume remains very low and is back to favoring buyers after favoring sellers in yesterday's session, this strengthens the case for a continuation rally. Parabolic SAR flips bearish at $95.50. RSI is currently trending up at 68.88 and the next resistance is at 74.26. Stochastic remains bullish and is currently trending up at 92.81 as it approaches a retest of max top (100.68). MACD remains bullish and is currently trending up at 7.87; the next minor resistance is at 9.16. ADX is trending up at 35.54 as Price continues in Discovery, this is bullish. If Price is able to break out above the ATH of $118.21, then it will likely test the Ascending Triangle breakout target at $136.48 before potentially testing the Cup and Handle breakout target at $155. However, if Price breaks down below the previous ATH at $111.66, then it will likely test lower trendline of the ascending channel at $102.60 minor support. Mental Stop Loss: (two consecutive closes below) $100. **NOT FINANCIAL ADVICE, BUT ACTUALLY WTF YES IT IS**
LLong
by dailytaguy
LUNA/USD Daily TA BullishLUNA/USD Daily bullish. Recommended ratio 100% LUNA, 0% cash. Price Discovery in Effect. Price is currently forming a bullish flag as it tests the previous ATH at $111.66 as support; this is after forming a new ATH at $118.21. Volume remains very low and favored sellers in yesterday's session after a two day streak of buyer dominance; a green close today would affirm that yesterday was a consolidation before another leg higher. Parabolic SAR continues to go higher (bullish) and now flips bearish at $95.27. RSI is currently trending up at 68 after bouncing at 66; the next resistance is at 74.26. Stochastic remains bullish and is currently trending up at 91 after bouncing from 69.86 support. MACD remains bullish and is currently trending up past 6.92 minor resistance at 7.72; the next resistance is the ATH at 10.66. ADX continues to trend up at 35 as Price continues to appreciate, this is bullish. If Price is able to break out above the current ATH of $118.21, the next likely target is $136.48 (Ascending Triangle breakout target). However, if Price breaks down below the previous ATH at $111.66 (+ the upper trendline of the ascending channel from 02/26/22), then it will likely retest the lower trendline of the channel from 02/26/22 at $102.60 minor support. Mental Stop Loss: (2 consecutive closes below) $100.
LLong
by dailytaguy
LUNA/USD Daily TA BullishLUNA/USD Daily Bullish. Recommended ratio 100% LUNA, 0% cash. Price Discovery in Effect. Price is currently breaking out above the previous ATH ($111.66) and has formed a new ATH at $116.24. Volume remains very low and is on track to favor buyers for a second consecutive day, signaling that Price Discovery is supported. Parabolic SAR flips bearish at $90. RSI is currently trending up at 68.71 and is fast approaching 74.26 resistance. Stochastic is currently forming a bullish crossover at 69.86 support. MACD remains bullish and is currently testing 6.92 minor resistance. ADX is trending up at 32 as Price is in discovery, this is very bullish. If Price is able to continue the breakout, the next likely target is $136.48 (Ascending Triangle breakout target). However, if Price breaks down here then it will likely retest the upper trendline of the ascending channel from March 2021 at $102.60 minor support. Mental Stop Loss: (two consecutive closes below) $100.
LLong
by dailytaguy
LUNA/USD Daily TA BullishLUNA/USD Daily bullish. Recommended ratio: 100% LUNA, 0% cash. Price Discovery in Effect. Price is currently testing the breakout from previous ATH ($106) as support and is on day two of testing $102.37 as a new minor support. Volume remains very low and is on track to favor buyers in today's session. Parabolic SAR flips bearish at $89. RSI bounced from 60.13 minor support and is currently trending up at 64; the next resistance is at 74.26. Stochastic remains bearish and is currently testing 69.86 support. MACD remains bullish and is currently trending up at 6.1, the next resistance (minor) is at 6.92. ADX is trending sideways at 32 as Price is consolidating before its next move. If Price is able to breakout above the new ATH at $111.66, it will likely test $136.48 (Ascending Triangle breakout target) before potentially testing $154.98 (Cup and Handle target). However, if Price breaks down below the upper trendline of the ascending channel from March 2021 at $100, it will likely test the lower trendline of the ascending channel from 02/26/22 at $95 before potentially heading lower to retest $92 minor support. Mental Stop Loss: (2 consecutive closes below) $100.
LLong
by dailytaguy
LUNA/USD Daily TA BullishLUNA/USD Daily bullish. Recommended ratio: 100% LUNA, 0% cash. Price is currently testing the previous ATH ($106.15) as support (which is healthy) and remains in Price Discovery unless it closes below $100. Volume remains very low and is currently on track to close two consecutive days of seller dominance (critical resistance at previous ATH). Parabolic SAR flips bearish at $87, the higher this number gets before flipping bearish, the more bullish it is. RSI is currently trending down at 62.50 as it approaches a test of 60.13 minor support. Stochastic is currently crossing over bearish and is trending down at 77, the next support is at 69.86. MACD remains bullish and is currently trending sideways at 6, the next resistance (minor) is at 6.92. ADX remains trending up at 30 as Price is facing some selling pressure, this is mildly bullish. If Price is able to establish support at the previous ATH at $106, then it will likely retest the new ATH at $111 before potentially continuing in its Price Discovery. However, if Price breaks down below $106, it will likely retest the upper trendline of the ascending channel from March 2021 (for the first time since December 2021) at $100. Mental Stop Loss: (two consecutive closes below) $100.
LLong
by dailytaguy
LUNA/USD Daily TA BullishLUNA/USD Daily bullish. Recommended ratio: 100% LUNA, 0% cash. Price is currently in Price Discovery after closing above the previous ATH at $106. Volume remains very low and is on track to favor buyers for five consecutive days with a green close today. Parabolic SAR flips bearish at $86. RSI is currently trending up at 70 with the next resistance at 74.26. Stochastic is currently on the verge of testing the max top at 100.68 where it can then coast in the "Autobahn Zone" for some time. MACD remains bullish and is trending up at 6; the next resistance is at 6.92. ADX is slightly trending up at 30.58 as Price continues to appreciate, this is very bullish. If Price is able to continue in its Discovery, the next likely target is $135 (Ascending Triangle breakout target) before potentially hitting the Cup and Handle breakout target of $155. However, if Price falters here then it will likely formally retest $106.15 as support for the first time. Mental Stop Loss: (one close below) $99.88.
LLong
by dailytaguy
LUNA/USD Weekly TA Cautiously BullishLUNA/USD Weekly cautiously bullish. Recommended ratio: 85% LUNA, 15% cash. Price is currently in the process of reclaiming the uptrend line from July 2021 (a close above $100 this week would accomplish this and give confirmation to go ALL IN). Volume remains very low and is on track for a fourth consecutive week of shrinkage, hinting that an impending breakout or breakdown is due. Parabolic SAR flips bearish at $48. RSI is currently trending up at 67 after breaking out above 64.56 resistance; the next resistance is at the descending trendline from February 2021 (75). Stochastic remains bullish and is currently trending up at 58; the next resistance is at 66.26. MACD remains bullish and is currently trending up at 13.5 as it approaches a test of 14.09 minor resistance. ADX is beginning to trend up at 36 as Price continues to appreciate, this is bullish. If Price is able to close this week above $100, it will likely retest the upper trendline of the ascending channel from March 2021 at $125 before potentially testing $150. However, if Price closes below $100, it will likely confirm a more pronounced Double Top that will have Price retest $87.51 minor support. Mental Stop Loss: (once close below) $97.88.
L
by dailytaguy
LUNA/USD Daily TA Cautiously BullishLUNA/USD Daily TA cautiously bullish. Recommended ratio: 80% LUNA, 20% cash. Minor Cup and Handle watch. Price is currently testing the ATH at $106.15 and briefly surpassed it, if it is able to close above it in today's session this would be a time to go ALL IN (due to Price Discovery). Volume remains very low but has increased in the previous two days and is on track for four consecutive days of buyer dominance. Parabolic SAR flips bearish at $85. RSI is currently trending up at 67 after surging past 60.13 resistance, the next resistance is at 74.26. Stochastic remains bullish and is trending up at 82 after surging past 69.86 resistance; the next resistance is at Max Top (100.68). MACD is currently crossing over bullish at 5.05 resistance turned support (for the first day since 03/13/22). ADX is currently trending up at 30 as Price continues to surge higher, this is bullish. If Price is able to close above $106.15, the next likely target is $125 (Ascending Triangle breakout target) before potentially hitting the Cup and Handle breakout target of $155. However, if Price is rejected here, it will likely consolidate at around $100 before attempting another move higher. Mental Stop Loss: (one close below) $92.88.
LLong
by dailytaguy
The Fork Abides - Luna towards $160It's official! LFG.org has bought ~1 of the 3 billion UST worth of Bitcoin to serve as a depeg back stop. Seems that this buying is one of the catalyst for digital assets taking off a bit lately. The chart still looks like a cup and handle to me. That would point us to around $160 on a big, first pulse. Also looking at the low 200s if Luna FOMO kicks in. Most likely move is to 130-140 and continued gradual growth. Luna you are a strange bird in the world of crypto
LLong
by pension-penholder-enhance
XRP/USDT is in downtrend: accumulate and prepare for LONGThe live XRP price today is $0,90 USDT with a 24-hour trading volume of $4.008.592.011 USD, - 14,08% in the last 24 hours. Since the local top at 1.40$, price undergone a significant correction (-35%), which we were expecting after hitting multiple times upper level of Keltner channel. The prognosis for the next days is still bearish as price has fallen under 20/50/100 days EMA and looks now ready to test the level of 200 EMA. Bearish fractal appeared, MACD is still bearish but RSI index seems approaching oversold area. Personally I expect the price to test 88-89 area as support (200 EMA) which could fail, determining a decrease up to 0.81-0.82 level, which represents the resistance oh 4h chart. This can be a good entry point for long positio n. Wait for confirmation of bullish fractal (red triangle) and a reversal in RSI trend. POSITION: LONG ENTRY PRICE: <0.83 TARGETS: 1.08 / 1.19 / 1.29 / 1.40 / 1.55 / 1.63 STOPPLOSS: 0.675 Keep in mind that altcoin markets are always strongly influenced by BTC performance, therefore after the BTc bearish divergence playing out we can expect another dump also for XRP, possibly TO $ 0.75 area. ________________________________________ NOT FINANCIAL ADVICE
Long
by Lari_Pen
2
Downtrend Reversal?Kash.io has finally added US ACH deposits, Plaid integration and FDIC insurance for USD deposits. Please comment if you have been able to use the full services in another country (I can only comment on my own experience so far as a USA client). Kash is working with Prime Trust to take deposits and offers direct access to Anchor protocol, UST, Luna, and a debit card. Credit to: Prime Trust LLC Beneficiary Address: 330 S Rampart Blvd Suite 260, Las Vegas, NV 89145 Depository Bank Name: CROSS RIVER BANK Bank Address: 885 TEANECK ROAD, TEANECK, NJ 07666 The chart doesn't look particularly happy just yet, but it has bumped into potential support in the 0.30 to 0.80 range. Cloud twisted bullish on the daily for a bit and the new deposits from Terra Luna bulls might be a BIG catalyst. Disclosure: I have a nano-sized, long position in this nano bank.
OTC:KASHFLong
by pension-penholder-enhance
LUNA back in bullish trading channelHere we look at a possible 3 week trading range for LUNA. Trading the short term can be very tricky because we have Kujira’s buyback function for liq bLUNA always ready, major cascadations are usually due to leveraged borrowers being wiped on Anchor protocol, and UST minting causing reduction of LUNA supply. In the long term, my bias for LUNA is always bullish. Currently, LUNA has just broken out of an Ascending Triangle price pattern (to find out more on this pattern you can use the following link learn.bybit.com), and went on to retest it. It then got rejected from the supply zone and is trading at the price of 55.8 at the time of writing. Trading plan - 3 scenarios Very bullish - 25% You would want to buy at current prices in hopes of a cup and handle forming, which would send the price between 61-66, coinciding with the upper resistance of the old trading channel, as well as a old accumulation level. Any rejection from 61, you would be looking to catch LUNA near the old resistance line (~$53.8) which presents LUNA at a 10-15% discount. If LUNA breaks through to 67, you may choose to reaccumulate some at the old supply zone at 58-60 for a higher move upwards at the supply zone of 78-83. Why I see this as a possible scenario is the fact that we have been having decreasing volume over time, and decreased selling volume. This means any spike in volume could send LUNA surging upwards towards overhead targets (expecting this from major announcements in Terra ecosystem MARS and {redacted}). TLDR: overhead targets from current price are $61, 66, 78, then near ATHs at 98-102, buy in at old support lines or on retest of old supply zones Conservative bullish - 50% We have very nervous markets which react quickly to BTC and possibly NASDAQ/SPX futures. Am expecting a downwards move towards 49.74 where many bids (round number 50) would be filled, then expecting a bounce between supply zone and bottom of the old trading channel which may become active in supporting prices again. Once the price breaks through the old supply zone, we can retest the upper resistance of the trading channel it is in (~$67) as well as the old supply zone to see if it holds as support now. TLDR: Buy any failed retest of support of old trading channel (~$49-52) with a target of $61, 67, then 78 Bearish - 25% Still a scenario which might be played out as retail interest is not fully manifested yet or institutions which did their DD on SOLUNAVAX are not yet able to fully fill their order books. LUNA could be shorted downwards to 50, have a relief rally towards old R/S line $53.8, before it gets rejected again. We can then rely on the bearish trendline to short the touches. Lower targets are the recent support of $44 and then $38 upon lost of psychological support at $40 Hope this helps everyone in their trading thesis for LUNA. Hopefully just like other CEXes, www.bybit.com will have UST pairs soon for those who prefer trading with UST
Long
by Zyale
Luna Fair Parabolic PriceHello everyone, Beautiful isn't it. This chart was done somewhere during July to August and has been just used to chart the nice parabolic action ever since. There are no words needed, we trade the chart, the prices tell us what to do. This is LUNA, an apex asset like never before, UST minting and adoption, together with Luna burning, buying and staking, is what is leading it to its current price. Like I mentioned before, I used the chart mainly to track parabolic growth, and LUNA is finally in gear and shape. Right now we are in the 2nd Standard Deviation Channel of the parabolic movement. Technically the red center line would represent fair price of LUNA (in my opinion), and for now we are at the upper range/resistance of the 2nd SD channel. It would be good to see LUNA breakout to the 3rd SD channel and then you could buy on a retest. Targets 84 as a retest play of the 2nd SD range channel with a target of ATH or 100 78-83 as an add zone (Retest of old ATH, resistance to support) 68-70 as a buying off the rebound of the 1st SD range which is a strong support (albeit broken in the choppiness in the past month) I would see 68-70 as the most opportune buy, probably due to market condition and fear and capitulation due to an expected closure of positions on 29th-30th December by portfolios big and small to restart the new year fresh + it is also in line with the astrology signs (I'm not a believer, I attribute the PA to institutional positioning that happens on the same day and its for you all who follow and believe) Upside UST pairing just listed on Huobi and Binance with Astroport going live + Mars going live end Jan. Cosmos and Evmos, MIM along with Rune mainnet launch are 2 networks which could get UST minter to print. This might trigger the rouge white swan and send it to 120-150 depending on the burn amount. Twitter matching Eth 2017 and Luna 2021 action puts LUNA end TP at 350-500 for this cycle. Hope this helps your trading plan especially for the month ahead in DCA-ing, and the longer term vision. Merry Christmas!
Long
by Zyale
3
After a great fall and come with a great hikeHave been following and even trade with bitcoin in 2021. And this is really a great experience. It is more than just stock or forex which you have no idea why it is going up and why it is going down when it move. You will be spoon feed with news later. So call "Buy on rumors and sell at news, wise versa" this is true. However, rumors are really named as rumors for certain reason. Ending the 2021 with a giant up trend channel which is usual for bitcoin. Noting is small gain in this world which we have to take it or leave it. Learning to hold or stake stable coins is my next move and already doing that with terra network under the Anchor platform. Just message me for URL if you are interested. However, this market remain hot and interesting due to a lot of young active energetic moneys are involved. You can check up the tik tok to prove me wrong. Merry Christmas and Happy 2022. Covid with the Omicron had sunk the markets for a bit however, once the report is optimistic, bitcoin take no waiting and recover. This is really scary. No body able to predict with the graph. It suppose to take a rest at 40k isnt it, however, it does not happen. -It do behave like these, it know what all think and react the other way. Playing cat and mouse game. Regard silver.
BITMEX:XBT
by silvermerlion