LUNA
LUNA classic movement analysis. LUNCUSDT 📈 UpdateHello guys, This is an update of previous analysis (blow link), Everything is explained on the chart for you like always. The price has broken its resistance level and now retesting that and good point to enter buy position. The targets will be 25 and 35. Of course you should also monitor BTC's situation.
Good luck.
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Bitcoin Looks Pretty Solid For Recovery Descending Broadening Wedge Breakout has already confirmed
Moving Averge golden crossover Is Happening While Btc Testing Crucial Resistance
If Golden Cross Happen And btc Breaks Crucial Resistance Got cleared In Between 24 To 25k Area
Then Btc Can Recover Sharply
Out Midterm Target Will Be 45k Area
dxy DXY back inside the range low marked on the chart.
Lets see if it can push back inside the "support" Trendline and trap shorts shorint heavy on the break of the trend line
A big Squeeze is possible here whcih will be bad for Risk on assets and Bitcorn
Lets see..
Shorted MANA, chart linked below,
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