LUNA2USDT trade ideas
LUNA could be forming a cup&handleFirst I wanna say that for what they did to many people LUNA shouldn't be traded. However if volume keeps rising it's likely this could be a cup&handle formation but to be honest it also depends from BTC (market). I don't think it's likely to breakout but it's worth keeping an eye on it.
Target it's by book but in case of confirmed breakout it'll be likely price will reach it. Wait for confirmation before entering or enter and use stop loss
Good luck
🔥 LUNA Showing Early Signs Of Bullish ReversalEver since LUNA got released on the market in its current form (LUNA2), investors have been selling this asset on a daily basis.
For the first time since its inception, LUNA2 has printed a higher low and a corresponding higher high. In my view, all the previous holders of LUNA1 who wanted to leave the project have sold their tokens and have left the market. I think that there are simply very few sellers left at this point.
Wouldn't be surprised if LUNA bounced back to $5 in the coming days/weeks. Keep a close eye on LUNA. A daily close above $2.8 would be a confirmation of my thesis.
+70% move for LUNA! LUNAUSDTHey guys thanks for all the support! I appreciate you all greatly!
Make sure to LIKE and FOLLOW! Thanks
Here is a simple chart i wanted to share with everyone
I have placed a LONG position on 20x leverage for LUNA under $2 as i see LUNA at a minimum testing $2.63 and may very well go to its previous resistance at the $3.50 level. I may be looking to short the $3.50 level i will keep you guys updated! I am expecting the entire Crypto market to have somewhat of a "Relief Rally"
Thanks guys, LiquidMEX
LUNA.X: This Is A Wake Up Call!LUNA's infrastructure collapsed a few days ago and the consequences has been devastating. Billions of dollars have been wiped out resulting in-95% lost in value. Now many Investors have lost confidence in stability of crypto ecosystem, specially altcoins, which could trigger a series of sell offs in other altcoins and crypto assets soon.
LUNA2.0 trade will be boost up for short term LUNA2.0 trade will be boost up for short term from blue range area as we predicted before. There is one leg up before head down to zero. Trade scenario will completely change as it crosses 50% Fib level which is around $25. We are expecting two mega negative candles then up after long accumulation period.
A lot of buyers have come to the party (Exhaustion gap + 600%)Hi everyone.
As shown in the chart, a very sizeable gap in prices is created. what might this be?
Breakaway gap: Breakaway gaps often occur early in a trend (show conviction in the new trend direction).
Runaway gap : A runaway gap is when the price opens significantly higher than the prior close in an established uptrend (S&P500).
Exhaustion gap: exhaustion gap occurs near the end of a trend (An exhaustion gap signals a reversal in trend direction).
A bullish exhaustion gap occurs near the end of a downtrend and is caused by a final group of sellers, who regret not having sold prior*
Tatget= a move equal to the size of the gap (+ 600%)
*A bearish exhaustion gap works exactly the same way but in reverse.
Terra Analyze (Zigzag Correction)!!!🧐Hi, Luna is running in Zigzag Correction (5-3-5). It completed its main wave A by Leading Expanding Diagonal , and now it wants to find the end of main wave C in the Support Zone (6.5$_6.18$).
Terra Analyze (LUNAUSDT) Timeframe 15min ⏰
The structure of microwave 4 of main wave C can be a Symmetrical Triangle .
🔴 Resistance Zone : 7.63 $ until 7.48 $
🟢 Support Zone : 6.5 $ until 6.18 $
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
LUNA Ponzi SchemeThe collapse of Terra's LUNA and TerraUSD cost investors over $40 billion.
Some of them lost their lifetime savings, others lost borrowed money and some even committed suicide.
This project made investors lose trust in the crypto space as well.
The CEO of Terraform Labs, Do Kwon, is facing criminal charges for building a Ponzi scheme in South Korea, Terra investors being victims of fraud. Billionaire Bill Ackman also considered the project to pyramid scheme.
Do Kwon was the one behind Basis Cash, another failed algorithmic stablecoin in which people lost $54 million.
Terraform Labs also lost US Appeal Securities and Exchange Commission Subpoena.
I don`t see a future for this project.
There is a chance that its founder, Do Kwon, end up in jail if the criminal charges for building a Ponzi Scheme will turn out to be true.