LUNA
LUNA LONG SOON - BUT BEFORE RETEST OF RESISTANCEHi guys,
I want to show you my idea on LUNA.
In 4h Chart, we see we move from 0.94 - 1.00 price very good, but there is a possiblity that we drop to 0.92 before a pump (bullish breakout) will happen.
In daily chart we will soon cross the MACD and RSI for positiv momentum.
If the pump will happen, the main goal is 1.13 after crossing RSI and MACD in Daily Timeframe. If we break 1.05, there is good space until 1.25.
If the range will hold, its a perfect entry for long. A range form 0.92 to 1.00 is a good range for an entry. Always have some margin left if something will happen to secure the trade if you do futurecontract. For Spot its a perfect time.
Watch the chart always in 30min to find the perfect entry. In my idea you see the 4h chart on PEPE.
Entry: NOW or in a range from 0.92 to 1.0
TP1: 1.13
TP2: 1.20
TP3: 1.25
LUNA/USDT Ready for its Next Bull Run? 👀🚀 LUNA Analysis💎 Yello, Paradisers! Prepare for an exciting opportunity with LUNAUSDT as it positions itself for a possible breakout from its descending channel.
💎 Terra has consistently been pushing against a descending trendline, frequently facing resistance at the supply level. Now, there's a growing momentum that suggests LUNA might successfully breach this threshold and progress towards the next key supply zone.
💎 If LUNA encounters difficulties in breaking through the supply level, a bullish rebound from the current demand level appears likely. This bullish outlook is further supported by an RSI divergence, which hints at an emerging bullish trend upon closer examination.
💎 Conversely, a drop below the demand level could lead to a significant bearish trend towards the support level. As the market continues to evolve, it's essential to monitor these pivotal levels closely.
💎 Stay strategic and flexible, Paradisers. Your ParadiseTeam is dedicated to navigating you through these market changes, ensuring you're well-prepared for effective and informed trading decisions.
SOLANA SOL USDT Another Major Outage Means Hard To Trust SOL SOL was looking ok last week. I thought a nice run was going to play out but this recent news about the major outage that hit Solana a few days ago is showing that Solana has a lot of work to do before it can be used for any real world purpose. Solana has been plagued by outages this year, I think this is number 5 for major outages this year. At this point after doing more fundamental analysis on Solana, I believe Solana is extremely overvalued and being propped up artificially. I think that because of the outages and the problems it has that a revaluation is coming soon for Solana. I hat to say it also but Solana has also formed a major head and shoulders, and a measured move of the head and shoulders would be around $4 yikes. I think that $4 is all Solana is actually worth at the moment. Also another big deal is that SOL has been trading in this ascending broadening wedge pattern and has technically broken below the bottom support line. An ascending broadening wedge is a bearish chart pattern (said to be a reversal pattern). It is formed by two diverging bullish lines. An ascending broadening wedge is confirmed/valid if it has good oscillation between the two upward lines. The upper line is the resistance line; the lower line is the support line. If SOL fails to break back above and back into the broadening wedge then I think a swift move down is to follow. Be very cautious with this one, Ive seen many like Solana over the years and I feel like the hype is dying for this project and a major dump is coming from big bag holders. Once the selling starts itll be almost as fast as Luna. Once people realize how important it is for a project to have 100% uptime then Solana will be revalued to its true worth. Solana does not belong in the top 100 in my opinion let alone the top 10.
Luna will nearly double before the end of 2022Chart pretty self explanatory.
- used EWT and proprietary techniques I developed in confluence to obtain targets
- used Gann to establish time to target
- used common sense to "risk" September 5.00 calls for 1.10 last week (currently 1.40, expecting them to go for 3.00-5.00 before expiration)
I recommend waiting until downtrend breakout for entry if you're not in yet and I if in already add there. Not financial advice but honestly these are conservative targets. If anything it will get in the 9s and consolidate or pullback before going higher. If you're in shares let this ride long-term, very high probability it will make a new high, estimate it will be trading around 28 in the next few years.
Best,
Luna Lovegood
LUNC/USDT Major trend. Downward wedge. Breakout.Logarithm. Time interval 3 days.
Locally 1 day .
Still, price is moving after the breakdown of the wedge (all the price drop in 10.5 months) in the area of the level 0.00008963. Percentages as before to key resistance levels, nothing has changed at the moment. Showed stop loss accumulation zones, this is very important to understand on such cryptocurrencies with high-risk and low liquidity. Perhaps there will be news for the chart soon. You should definitely get rid of such assets when pumping.
Linear without "market noise" .
LUNA ANALYSIS (4H)It looks like we have a large degree triangle that we are now completing wave D of.
If the count is correct, it is likely that the price will return to the green range to complete the wave e . If the price returns to the green zone, we can think about buy/long positions.
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 Classic ideaHey traders,
Ever considered making Fibonacci ratio lines your trading goals? Personally, I'm a fan of those golden ratio numbers!
How about you?
Let me know your thoughts.
Happy trading!
BINANCE:LUNCUSDT
⚠️ Disclaimer: The viewpoints shared represent my individual outlook on the market, based on publicly accessible information and historical data. While a portion of these opinions is influenced by my actual trades, others are not. It's important to note that I am not a financial advisor, and I do not assume any responsibility for the decisions you make in your trading activities.
✅ Feel free to share your inquiries or suggestions in the comments. I am more than willing to assess and analyze any cryptocurrency, forex currency pair, or stock index that piques your interest, so, Please don't hesitate to ask or mention the specific currency chart you'd like me to review.
LUNA/USDT has Broken Descending Channel | What's Next?💎Yello, Paradisers! gear up for a captivating opportunity with LUNAUSDT as it gears up for a potential breakthrough beyond its descending channel.
💎Terra has been persistently testing its limits against a descending trendline, often encountering resistance at the supply level.
💎The current momentum is building up, indicating a promising chance for LUNA to surpass the supply threshold and advance towards the next significant supply zone.
💎In the event that LUNA faces challenges in surpassing the supply level, a bullish recovery from the existing demand level seems probable. This bullish perspective is further bolstered by an RSI divergence, which, upon detailed analysis, reveals a bullish trend.
💎On the other hand, if LUNA dips below the demand level, we might witness a substantial bearish movement towards the support level. It's crucial to keep a watchful eye on these critical levels as the market evolves.
Luna Classic IdeaCRYPTOCAP:LUNC BINANCE:LUNCUSDT
No comment!
⚠️ Disclaimer: The viewpoints shared represent my individual outlook on the market, based on publicly accessible information and historical data. While a portion of these opinions is influenced by my actual trades, others are not. It's important to note that I am not a financial advisor, and I do not assume any responsibility for the decisions you make in your trading activities.
✅ Feel free to share your inquiries or suggestions in the comments. I am more than willing to assess and analyze any cryptocurrency, forex currency pair, or stock index that piques your interest, so, Please don't hesitate to ask or mention the specific currency chart you'd like me to review.
Binance Burns 4 Billion Terra Luna Classic (LUNC) TokensBinance burns almost 4 billion Terra Luna Classic (LUNC) tokens, with total LUNC burn by the community reaching 83 billion.
The world’s largest crypto exchange Binance burns almost 4 billion Terra Luna Classic (LUNC) tokens in the 16th batch of the LUNC burn. With the latest LUNC burn, the total LUNC burn by the crypto exchange to date reaches more than 43 billion, 52% of the total tokens burned by the Terra Luna Classic community. Traders didn’t immediately respond to the Binance burn.
Binance’s Net Terra Luna Classic (LUNC) Burn Reaches 43 Billion
Crypto exchange Binance sent 3.90 billion Terra Luna Classic (LUNC) tokens to the burn address, as per the transaction on December 1. Binance continues contributing to the community’s LUNC burn campaign to reduce the LUNC circulating supply after the exit of Changpeng “CZ” Zhao as Binance CEO.
Notably, the 16th batch of the LUNC burn mechanism is for the period October 31 to November 29. With the latest burn, Binance has burned over 43 billion Terra Classic tokens from trading fees on LUNC spot and margin trading pairs. The community has burned nearly 83 billion LUNC tokens.
In November, Binance burned 760 million Terra Luna Classic (LUNC) tokens, the lowest till now. The burn rate significantly declined amid FUD, reduced developer activity, and a fall in LUNC trading volumes on the exchange.
However, the massive jump in trading volumes this week resulted in this huge LUNC burn the community hasn’t seen in the last few months. Binance launched a USTC perpetual contract and new USTC trading pairs FDUSD and TRY, which contribute massively to the exchange’s trading volume.
Terra Luna Classic ecosystem tokens fell in the last 24 hours, with LUNC and USTC giving up some recent gains due to profit booking in the broader crypto market. However,
LUNC price jumped 65% this week, with the price currently trading at $0.000142. The 24-hour low and high are $0.000114 and $0.000121, respectively. However, the trading volume has decreased in the last 24 hours.
Meanwhile, USTC price rallied 350% this week, with the price currently trading at $0.051. The 24-hour low and high are $0.050 and $0.055, respectively.
Why Is Luna Classic (LUNC) Price Skyrocketing Today?Luna Classic (LUNC) price has skyrocketed by 60% in response to strategic investment and USTC perpetual contract launch by Binance.
The sudden upsurge witnessed in Terra Classic tokens in the last 48 hours is not the first time for the Terra ecosystem. The community-led Terra Luna Classic chain witnessed multiple revival efforts from introducing burning to inter-blockchain communication (IBC). LUNC price has skyrocketed by 60% in response to strategic investment and perpetual contract launch by Binance.
Terra Luna Classic (LUNC) Gains 60%
With multiple key proposals passed by the community and positive sentiment amid broader crypto market recovery, Luna Classic Labs purchased 25.6 million USTC worth about $500,000 as part of its treasury reserve policy at an average purchase price of $0.021 per USTC. Trader QT, a partner of Luna Classic Labs, stated this is an initial investment.
It resulted in a 100% jump in USTC price, with the community noting a breakout above resistance. USTC witnessed a further pump as investors also poured money into USTC. It triggered an upside move in the Terra Classic (LUNC), with traders noting a massive increase in liquidity and trading volumes.
Binance Futures launching the USD-M USTC Perpetual Contract with up to 50x leverage sparked further rally. USTC price climbed nearly 400% in two days. The announcement further raised community sentiment, while also speculating whether it was already known to some investors as the Terra ecosystem tokens witnessed sudden rallies.
LUNC price also jumped and made a 60% gain amid the events. The price is currently trading at $0.000119. The 24-hour low and high are $0.0000787 and $0.0001256, respectively. Furthermore, the trading volume has increased by 1120% in the last 24 hours, indicating interest among traders.
USTC price trades at $0.055, paring earlier gains to 191% in the past 24 hours. The 24-hour low and high are $0.015 and $0.068, respectively. The trading volume has also slid briefly after Binance’s USTC perpetual trading announcement.
LUNA Classic $0.00 00 88 | Back in BiznazLuna is no different from any crypto
it just proved that players are man for himslef
and OGs were rooting for this to fail as it OVERSHADOWED the pioneer in the space
now it's got a Big Brother to take this to better days
Terra (LUNA) Chain Reborn from the AshesTerraform Labs, developer of the Terra (LUNA) blockchain, announced the acquisition of cross-chain portfolio management and analytics startup Pulsar Finance. This announcement comes amid ongoing legal disputes between Terraform Labs and its founders.
The cryptocurrency developer has been dogged by legal issues since the collapse of algorithmic stablecoin TerraUSD, a key element of the Terra blockchain, in May last year. The United States Securities and Exchange Commission (SEC) filed a lawsuit against Terraform in February, alleging that it sold unregistered crypto asset securities and defrauded investors.
Amani said in a written statement that the acquisition of Pulsar provides immediate support to the company, allowing it to quickly bring cross-chain applications to market. “Acquiring Pulsar not only enriches our technology stack, but also adds an incredibly talented team led by three innovative entrepreneurs with a proven track record of building and launching successful applications,” said Amani.
Moon will back to the moonLuna pump with 100% profit last night, and stop at resistance.
in this chart, I will try to explain what happen at luna.
Rising wedge pattern
last night movement stopped at previous resistance trendline and create a big rising wedge pattern .
If luna pullback, rising wedge support can be a new higher low before continue bullish with 68% profit range .
Resistance Line
0.9696 will be next strong resistance, this resistance are next bullish target
Classic support (CSR)
0.5866 are previous resistance and became new support . this point will hold bearish movement
FIbonacci Pattern
0.5843 Classic support are also fibonacci 0.618 support , target from this area at fibonacci 1.272, and this level are same as resistance line. And if this resistance break up , we will see this moon back to the moon .
Don't forget to support this analysis,
If you have any question, do not hesitate to contact me
Your support at this analysis will also support Luna to reach bullish target
Click here to check my other analysis
🔥 LUNC Falling Wedge Break Out: Short-Squeeze Potential! LUNC has been massively shorted over the last year, and with good reason, since the token is practically dead.
However, this amount of shorting poses a risk for the bears. If we get more bullish price action in the near future, the amount of shorts being squeezed (liquidated) could result in a huge bullish move upwards. For now it's just speculation, but it's certainly a possibility.
At the moment, I'm looking at the 1-year falling wedge pattern that has just broken bullish. This is the best case for the bulls in at least a year, very interested where this break out will bring us!
CELR SEEMS TO GO GAME OVER A CRASH LIKE LUNA AND FTT DIDThanks for reading this update, please remember that this is not trading advice.
We expect that CELR is the next coin that will see a next free fall and game-over trend. Since the big exchanges have played the round.
We see on low time increase but this means noting for the real trend, we did expect before more crash trends on other coins.
The fake volume increase is the reason for the start of the crash. It is all about smart money and transaction data in combination with top whale holding.
The market cap and holders decrease, and the last data shows a connection with the FTT and Luna trend.
CELR is at this moment on a very risky trend as data shows and can be the next fall coins with the game over as Luna and FTT did. If this happens we expect that we will see soon a big free fall and crash trend on Celr like Luna and FTT did.
We did use the same tools to expect the crash we did before on Luna and FTT crash.
The big rule in trading, when a coin loses more than 80% of its value will stay a very risky coin even if it has a small time frame increase.
We have added what we expect, and time will learn what will happen with CELR.
This update is our view and means not to use it as trading advice.
The best traders in the world are traders who can read early data and expect a high chance of what the market can do . Nobody will be able 100% to be right, but with more chance, you can see the side.
* This crash expecting is by ASIA trend and on USDT pairs since its 94% of holding.