MY MINIMALIST CHART ANALYSIS FOR $TERRA$LUNA
On a 4HR Chart
SHORT POSITION
06.30..22
1025H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast.
ALERT:
My Bearish Bias: All white price notes are possible entries depending on future price action.
Based on VITAL SIGNS ( RSI, STOCH, VOL., MA VOL.) Looks healthy and is on a reversal of a trend.
Bitcoin is still bearish at this moment, but on a weekly, it has compressed too much and is about to reverse. Maybe we see a bull trap to further push it down or not. (See linked chart for $BTC)
1. We may see it climb further to 0.0007667 zone a FIB reversal, depending on the closing of the bar on its FIB retracement.
2. Trading ranges may develop between 0.00007478 - 0.00016300 before pushing upward, beyond our maximized target in the next few months.
3. Probable back to 0.00004226 trading ranges will take effect as smart money will try to wash out and rinse all the long positions after a bull trap on its way down.
4. Bitcoin is still bearish at this moment, but on a weekly, it has compressed too much and is about to reverse. Maybe we see a bull trap to further push it down or not. (See linked chart for $BTC)
Hoping that this BENTO BOX CHART ANALYSIS will efficiently help you with your DYOR as we Enter a NEW SWING CYCLE for LONG positions, either short, mid, or long term.
INSTRUCTIONS:
HOW TO USE THIS MINIMALIST CHART a.k.a (Bento Box)
"Follow the white rabbit!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE to where the MARKET will take you.
TARGET ZONE IDENTIFICATION:
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal.
NOTE:
1. That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time.
2. Created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
3. My BENTO BOXES are designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
4. At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY).
5. DYOR for your Fundamentals, Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, AB=CD Pattern especially institutional and retailer trading psychology .
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge.
Vive Le Autist!
Vive Le Diamond Hands!
LUNAUSD
Luna 2.0 Analyze (Symmetrical Triangle)!!!Luna 2 is running in Symmetrical Triangle and it was able to complete its pullback and I expect that it will go UP .
🔴 Resistance Zone 🔴 & 🟢 Support Zone 🟢 that we have in front of Luna 2 .
🔴 Resistance Zone 🔴: 2.38$ until 2.34$
🟢 Support Zone 🟢: 2.05$ until 2.00$
Terra Analyze ( LUNAUSDT ) Timeframe 30 min⏰ (Log Scale)
❗️ Note ❗️: Please just invest 1%_max 4% of your fund in this project at this time.
Do not forget to put Stop loss for your positions (For every position 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 Will be short term upLUNA2.0 trade will be boost up for short term from blue range area as we predicted before. You can see trade is accumulated in narrow range. Now anytime it can go up. There is one leg up before head down to zero. Trade scenario will be completely changed it crosses 50% Fib level which is around $25 level. We are expecting two mega negative candles then up after long accumulation period.
LUNAC Symmetrical Triangle HourlyLUNA has formed a beautiful symmetrical triangle on the hourly timeframe
This will likely lead to a break out to the upside for the bulls
LUNA's plummet in my eyes is considered an overreaction
✅TS ❕ ETHUSD: support level✅✅ETHUSD has reached the support level and is already preparing for a rebound. I expect an upward movement.✅
🚀 BUY scenario: long to the area of the resistance level.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
✅TS ❕ SHIBUSD: cannot go further✅✅SHIB is moving in the area of the resistance level and cannot go further. I expect a bounce down.✅
🚀 SELL scenario: short to 0.000936.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
✅TS ❕ DOGEUSD: bounced back✅✅DOGE bounced back from a strong level that was once a support level. Now the price is ready for retest, after which it is expected to fall.✅
🚀 SELL scenario: short to 0.068.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
✅TS ❕ ETHUSD: bounced down✅✅ETHUSD has reached a resistance level from which it has already bounced down several times. Now the situation is expected to repeat and a new fall.✅
🚀 SELL scenario: short to 1047.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
✅TS ❕ ETHUSD: broke✅✅ETHUSD broke through the level, after which it bounced off the support and has already turned around. The price is moving towards the resistance level. I expect growth.✅
🚀 BUY scenario: long to 1238.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
✅TS ❕ SOLUSD: resistance level a✅✅SOL reached the resistance level and made a false breakdown, after which it returned to the level. I expect the fall to continue.✅
🚀 SELL scenario: short to 26.78.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
LUNALUNA/USDT in this coin im waiting for pullback on my sell zone to take SHORT Position after breakout
✅TS ❕ BTCUSD: fallen heavily✅✅BTC has fallen heavily and continues to fall. The downtrend is not going to weaken yet. I expect the trend to continue. ✅
🚀 SELL scenario: short to 15700.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
✅TS ❕ FTMUSD: bounced off✅✅FTM bounced off the resistance level several times. I expect a downward movement.✅
🚀 SELL scenario: short to 0.1583.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
✅TS ❕ SOLUSD: resistance level again✅✅SOL is going to the resistance level again. The price has recently made a rebound from this level and now it looks like a second peak is forming. I expect a fall.✅
🚀 SELL scenario: short to 27.68.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
LUNA technical Or Market sentiment #LUNA Technical Analysis:-
#LUNA 1.0 = 100% Dumped from ATH
#LUNA 2.0 = -90% Down From ATH within 13 Days.
What's TA..?
If hold $2 support then we can see $7 in Coming Days otherwise Ready for #LUNA 3.0
A lot of buyers have come to the party (Exhaustion gap + 600%)Hi everyone.
As shown in the chart, a very sizeable gap in prices is created. what might this be?
Breakaway gap: Breakaway gaps often occur early in a trend (show conviction in the new trend direction).
Runaway gap : A runaway gap is when the price opens significantly higher than the prior close in an established uptrend (S&P500).
Exhaustion gap: exhaustion gap occurs near the end of a trend (An exhaustion gap signals a reversal in trend direction).
A bullish exhaustion gap occurs near the end of a downtrend and is caused by a final group of sellers, who regret not having sold prior*
Tatget= a move equal to the size of the gap (+ 600%)
*A bearish exhaustion gap works exactly the same way but in reverse.
Terra Analyze (Zigzag Correction)!!!🧐Hi, Luna is running in Zigzag Correction (5-3-5). It completed its main wave A by Leading Expanding Diagonal , and now it wants to find the end of main wave C in the Support Zone (6.5$_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 $54 million.
Terraform Labs also lost US Appeal Securities and Exchange Commission Subpoena.
I don`t see a future for this project.
There is a chance that its founder, Do Kwon, end up in jail if the criminal charges for building a Ponzi Scheme will turn out to be true.
Every bear market has been a phenomenal buying opportunity Hi everyone.
As shown in the chart , the Luna completed a five leg cycle lower,
with that in mind,
Bull market:
As shown in the chart (black line), the length of the rise to the peak of wave 3, multiplied by 1.236, gives almost (exactly) the distance from the end of wave 3 to the peak of wave 5 (multiplied by 1.618, gives almost the distance from the end of wave 3 to the peak of wave B).
Bear market
In this case, the wave 1 (blue line) decline is the same (is approximately 100% of wave 3- black line), again ...
In each of these markets, the initial measuring unit is the same, the length of the advance from its beginning to the peak of wave 3.
All in all, this (Blue cycle) could have represented the whole correction off the lows.
What next?
A Possible scenario is shown in the chart.
Luna Fundamental Analysis (What's happening)
A Malicious Attack (UST---> BTC----> Luna).
(as you know) Luna Foundation has been buying large quantities of bitcoins for some time, ( purpose in doing so was to provide financial support for the UST (the Luna Foundation holding ($ 2.4 billion) worth of bitcoins).
On May 7, 2022, an unprecedented move, $ 2 billion worth of UST tokens were taken out of the Anchor Protocol and several million dollars were immediately sold.
Some have speculated that an attacker attempted ( to break UST in order to profit from shorting bitcoin) (that is, betting on its price going down).
This heavy sale, considered by many to be a deliberate and planned attack, quickly pushed the UST price below $ 1;
which would mean terra's team would have to sell portions ( bitcoin reserve) to repeg the stablecoin (selling this significant could cause the value of Bitcoin to plummet).
They (terra's team) sold ,once investors saw that UST lost its peg, they would then rush to unstake and sell their UST, which would require more bitcoin reserves to be sold, adding further selling pressure. (Bitcoin lost about 30% of its value, and at the lowest level was priced at $ 26700)
But that was just the beginning.
Many expected traders to gradually curb this selling pressure by converting their USTs to Luna on the Tera network.
The second problem was those UST holders who, for fear of a further fall in the value of this stable coin, put their tokens up for sale and accelerated the fall in UST prices.
These events together led to the formation of a crisis in the Terra network, which coincided with the fall in the value of the UST, the supply of Luna’s turnover in less than three days, from about 370 million units to an incredible 6.530 billion units.
Then its value has collapsed in one of the most stunning crypto crashes ever recorded (Over $17 billion in crypto value has been wiped out!).
reference:
cnet.com
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