LUNAUSDT trade ideas
LUNA trend predictionI'm using Fib Trend-based Extension and Trendlines to predict a reversal of LUNA at around $122. It needs to go down to see the EMA 220 (1D).
This price is a crossing of Fib 0.786 and the upper trendline of the parallel channel. Moreover, volume is continously decreasing since it's started the second rally.
LUNAUSDT time for the retracement?The price created a new ATH as I said on the previous analysis and now got a rejection from 1.27 Fibonacci Ext on 120$
The price is testing the new daily support.
How to approach?
The price could have a retracement after the latest bullrun, and retest the 0.5 Fibonacci level or 0.618 on 80$.
so IF and only IF the price is going to lose the support and had a breakout from the rising wedge, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
Is it possible to see $LUNA dropping to $50 ¿? YES, BUY THE DIP!TERRA $LUNA is an amazing project and they are buying the dips with BTC... WHY DON'T INVEST IN $LUNA??
Price now is cheap, it could drop more so will be great for long term investors!
Also, $LUNA has a nice Staking % and a lot of HODLers with them, we never sell only buy more and more :)
I cannot wait for see $LUNA at $200+ next years.
#DYOR & NOT FINANCIAL ADVICE
LUNA - Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
DAILY: Left Chart
LUNA is overall bullish trading inside the blue channels.
Moreover, 50.0 - 55.0 is a strong demand zone .
So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green demand and lower blue trendline. (acting as non-horizontal support)
H4: Right Chart
LUNA is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, LUNA can still trade lower inside the demand zone .
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
$LUNA - The Way ForwardHEAD AND SHOULDER BEARISH PATTERN SPOTTED.
What does that mean? Bearish Bearish Bearish! We may get to $50 and even lower soon to complete the setup.
But before that, we should expect and plan to catch the next short term rally to $70 possibly.
Entry would be lower time frame after confirming exhaustion.
Don't forget to like and follow for more trading updates and free signals.
#$KC #Meekhill #Meekhillacademy #RICHMMDT
Luna upward trend ???in the daily time frame as can be seen we almost reach the bottom of the channel so typically we expect growth until at least the middle line of the channel 90 $ of course it takes a breath in 70-71 $
⚠⚠⚠ certainly you should consider the BTC actions and fundamentals when Luna touches the bottom of the channel
LUNA daily chart update and showing accumulation zones.LUNA daily chart is still doing great...with this chart update
what we have to look at are the 2 levels of support boxes...
Both RSI's are literally at the floor...As well as RSI has touched
the support line as well. This looks to be a
great start of accumulation zones now more clearly.
With Luna buying more BTC
to back up their company, they now own more BTC than
TESLA... BIG things happening with this company.
LUNA daily has tapped my ascending trendline.This is just an update from my phone bc I don’t have my computer, I have been waiting to see if LUNA would wick my trendline, and it did…so for me, it’s a great time to start accumulating… let’s see what will happens at tomorrow nights close around 7-8pm Eastern time…then we can take a look at the weekly chart candle along with the daily…