LUNA2USDT trade ideas
LUNA2USDT | APPROACHING TO SUPPORTLUNA2 has been trading in a bearish trend . The price has been making lower lows and lower highs on shorter time.
Now after breaking some major support, price has approached to strong horizontal support zone .
The price previously too bounced back from same mentioned support zone
The bulls can take control from here.
Manage your levels accordingly.
LUNA 2.0 2723IMO it looks like Luna is in a reaccumulation after a massive collapse. Still alive and showing some sign of a thready pulse. If I see Luna start closing above 7 Its very likely going to 20.
It can absolutely happen again. Even a .386 retrace of the entire structure would be a very good trade and a common retrace. I have around 10k vested. Really hoping it goes back up so I can cash out all over again just like last year.
TRUMP CARDS CONTINUE TO CRUSH. Hitting the .6 wall if it eats through this level, 1 ETH soon. 4.5 -45 ETH programmed :p
RENGA best art
LUNAUSDT - LUNCUSDT - USTCBUSDI've been following LUNA for quite a while. Expecting the recovery on March, people are behind the schedule. Markets tend to price earlier. I believe USTCBUSD to break 0.04 and approach 1.00 peg would happen fast, given we break the 0.04 Resistance on USTC, LUNA has a target around 66.00 USDT, with first resistance at 10.00 and second at 20.00
KR,
TERRA Luna PUMP? BTC Longs Dump?I have inverted the TERRA LUNA chart and comparing it to the BTC LONGS on Bitfinex
This is interesting. The longs are still underwater from the 39k-24k mark. With all the price action the BTCLONGS has not even budged.
Luna drop, massive longs taken.
Price drops to the 2x liquidation level (20k)
All the sudden MORE LONGS were taken when CELCIUS had to halt transactions on their coins...
"Published June 13, 2022"
"The crypto-lending firm Celsius Network halted withdrawals and transfers, amid an apparent liquidity crisis, as the price of Bitcoin plunged to pre-pandemic levels."
was this "someone" adding margin to those longs to prevent liquidation?
Say what you will about Terra Luna but I really think there is something unexpected about to happen... just a TA hunch
That is a MASSIVE amount of borrowed money being held at the same time Terra Luna fell... no movement on FTX. Maybe a transfer of wealth happening behind the scenes. I dunno
BTC headed into the "bull trap" zone imo
LUNAUSD H&S Pattern| Pullback| Int- Daily S/R| .618 Fib| PAEvening Traders,
Today’s analysis, LUNAUSDT – trading in a trend that is potentially coming to an end, allowing for a pullback to long,
Points to consider,
- Price Action Impulsive
- Potential Head and Shoulders
- .618 Fibonacci Support
- Int-Daily S/R Confluence
- Higher Low Objective
LUNUSD’s immediate price action is impulsive and is trading with a potential head and shoulders, hinting towards a correction for a test of the lower Int- Daly S/R.
The lower level of support is in confluence with the .618 Fiboancci and the VAL of the current up-trend. Holding this level is critical for a bounce and the start of wave three.
Overall, in my opinion, LUNAUSD is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work!
And remember,
“All statistics have outliers. Money management, therefore, is key to the process of good trading.”
― Yvan Byeajee
LUNA bearishI predicted in my previous analysis that Luna in May is bearish and this is happening. I believe we had our first mark down and now price will consolidate at the support of the longterm rising channel. I am imagining that there will be another mark down at the end of May. The next markdown will be a breakdown from the longterm rising channel, which will spell further fall in Luna's price.
BTC will be in a downturn until around September. Alts will suffer greatly and probably past September.
Returning to support levels can have a positive reactionLUNA has gained 12% in price in the last 24 hours. LUNA has recently retraced its uptrend on the daily timeframe, and in the latest bullish wave, buyers were able to push the price back above the $1.60 range. Its weekly candle closed with a 52% gain at $2.05, indicating buying pressure. The supports we can consider for it are in the range of $1.80 to $1.85 and the range of $1.60. The return of the price to these levels can have a positive reaction if it is not strong. Therefore, LUNA can achieve its short-term targets in the range of 2.3154 to 2.5036 dollars.
LUNA IS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the LUNA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Luna : Trading model XLuna is a coin that can be very risky, At the same time, the increases on this coin happen most times unexpectedly, like the last increase that did increase above 7 USD.
This is update is just a model update depending on historical price action, and it shows only a view of price action where the before increase did start.
If we follow this model, then it seems that the possibility is that Luna can return to new targets.
Same time we are in a bear market where the most of coins are in a breakdown trend, so this is no guarantee that this coin or any market will move.
Luna is also a coin that a trader should not hold but only trade with the right risk management.
Interesting to see coming time if Luna is able to show some trends depending on this model.
Don't expect too much from it at a low time frame, until there is unexpected volume entering .
The trend of Luna until now is still breakdown.