Revision 1 (Phase D- Sign Of Strength (SOS))
Graphical abstract:
consider this analogy
Technical Section:
USTC is completing the 3rd wave of the third leg of a 5-wave rally
Trade Plan:
Bias: Bullish (Wyckoff Method)
Trade entry = $ 0.023 - $ 0.025
Target-1 = $ 0.038
Target-2 = $ 0.07
Target-3 = $ 0.138 (New ATH)
Stop level: $ 0.015
That is what we are all striving for
Appendix:
USTCBUSD
This left 53136 BTC in Terra's reserves (+313 BTC)
Between January and May (2022), 80394 bitcoins were purchased by the LFG (Do Kwon)
There are two different sets of LFG Bitcoins (Bitcoin reserves (Terra's reserves)):
First, from 80394 BTC, 42530 BTC was sent to LFG wallet (wallet = bc1q.... s50tv4q).
Luna-LFG balance chart: (Max = 42530 BTC)
from 42530 BTC, 15272 BTC was sent to this address (wallet = bc1qm3....3ewf0j77s3h)
a- This left 15272 BTC in Terra's reserves (Do Kwon)
Second, (From 80394 BTC) Do Kwon did not send 37864 BTC to LFG wallet!
b- This left 37864 BTC in Terra's reserves ((9 - 10 May 2022))
As a result: (a and b) ---> 15272 BTC + 37864 BTC = 53136 BTC
This left 53136 BTC in Terra's reserves
the remaining 53136 remain unspent and are likely still sitting with the LFG (Terra's reserves or Do Kwon).
a, b, c
Money laundering:
LUNA = a scheme to disguise the money as legal ($ 411 M)
and ...
Transactions:
Long Idea on $USTC this coin is very cleverly manipulated, it's hard to tell when it's down or up. In my opinion, the point of cancellation is the base of the pump from 0.015 or 0.0018 if we go lower, not very good. if it holds as now, then only long. I know the risk, the profit is big, but the stop is very wide, keep this in mind when entering with a big shoulder. Optimally, 1x is the amount that can be lost in any case. There is a chance that this coin will be 1$ and this is even more profit. From the technical side, the instrument had an accumulation that lasted 1.5 years (that's a lot). Another disclaimer: I don't know how it will be, this is purely my opinion
Bullish Meeting Line Pattern
An uptrend must be in progress (Bullish Meeting Line Pattern). I can make a "fairly" decent argument for a motive phase.
ZigZag (ABC), a complete cycle of 3 waves:
As a result, a massive recovery effort is under way!
Target -1 = $ 0.042 (would be a reasonable target)
Target -2 = $ 0.05
*chart pattern on monthly.
Sellers are drying up. I won't sell it
This may keep going? Now where are we?
Target-1 = $ 0.019
(not financial advise)
Technical Section:
5-3-5
A Golden Opportunity
This is consolidation before the big move. Explanation on chart.
Target-1 = $ 0.029 (+50%)
How Much Crypto Should Be In Your Portfolio?
What I myself am doing ( if one of your investments loses money, the other investments can make up for it)
Technical Section:
WXY (5-3-5 , 3-3-5 , 3-3-3-3-3)
Primary: Wave Y (larger degree),
Intermediate: Wave d,
Target-1= $ 0.041
Target-2= $ 0.11
MA200 (Support)= $ 0.0285
USTC Coin Triangle Pattern Analysis: Potential Breakout Ahead?USTC Coin is currently forming a triangle pattern on the chart, with the base of the pattern around 0.017 and the upper line of the triangle at 0.04. If the coin breaks above 0.05, it may have a retest at that level and could potentially reach as high as 0.2$. As always, traders should keep in mind that technical analysis is just one tool in their arsenal and should not be relied on solely. It's important to consider fundamentals, market sentiment, and global events that may impact the asset's price. Stay disciplined and have a well-thought-out risk management plan in place.
The Awakening of Terra and Terra Luna [HARCORE LONG]As the markets go into a phase of taking profits, the pressure of Luna's recovery is increasing. The money outflow will choose a path to follow and USTC is forming extremely bullish formations. I believe LUNAUSDT's recovery is sooner than most think. This recovery will also time it such that the crypto market's first bullish leg will continue after the flag exit. I think of it like this, many with high entries are going to hoard money in to decrease their averages. This is a perfect time for Luna virgins to enter.
USTC Triangle FormationTriangle chart pattern brewing up on USTC, either bound by resistance on R1 or R2. Breakout from triangle with R1 gives price target of $0.035, R2 gives $0.0315. Should coincide with inflation data.
What is this telling us?
As shown on this chart, there are many traders, competing against one another.
as you know, this game can't last forever, so,
As calculated by Wyckoff's point and figure:
Target = $ 0.1779
The Last Ratio (Fib 61.8%)
As you know, the Fibonacci retracement levels are 23.6%, 38.2%, 61.8%, 78.6% and 85.4%.
As shown on this chart, in a lot of ways, wave b depends on wave a, Fib 85.4% -$ 0.0205 , the actual price at wave b was $ 0.021, quite close indeed.
&
(Fib 85.4% to Fib 23.6 to Fib 78.6 to Fib 38.2 , trying to disguise what they are doing)!
as a result:
The Game is about to Change (The Last Ratio - Fib 61.8%).
Three Distinct SectionsAs shown on this chart (consists of three distinct sections),
1-Impulsive decline = supply > demand,
2-Impulsive rally = demand > supply,
3- Sideways appearance = supply and demand are nearly equal.
What to expect next?
At this point, low volatility and low volume indicate a drying up of selling pressure.
Target
Point and Figure Configuration:
Falling wedge on 2h chartHello all,
on 2h chart price is doing a falling wedge with good potencial to break up.
thats is what im expecting.
At least back to 0,05 this week.
Good trades.
NFA
Is investing gambling?
If the answer is “ No” then:
Medium Term Investment Plan
5 Up -3 Down - 5 Up (5-3-5 structure)
(30-45 days- low-risk)
Target-1 = $ 0.14
Target-2 = $ 0.37
invalidation level = $ 0.028,