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Terraluna

Luna needs a correction and its happening SHORTAfter rising 80% from it's Jan 30 2022 low Luna has lost steam. I believe that leveraged long positions are now taking profits. I have highlighted the MACD index where the signal line has crossed over the MACD line (red over blue=bearish) This is an 8 hour chart which makes the indicators even stronger. I love this asset and what the Terra Ecosystem is doing but a correction is in order. Look for the price to find support around the 20 VWMA (volume weighted moving average) which would be around $64-$67. Unless there are any unforeseen non technical events in which we could see the asset drop even lower, or possible shoot higher. I am bullish long term on this asset, the laws of TA say this one needs a healthy correction. Also, if you follow the vertical line down to the RSI index you will see that LUNA is way overbought right now and on pace to touch the sell signal which makes this an even stronger case. Check below for some of my other ideas.
Short
by CryptoSlayerFX
PRICE PROJECTION WITH TARGETS - DAILY LUNAUSDTTechnical analysis regarding the price of TERRA in relation of dollar Tether for the next scenarios, based on daily movement. disclaimer *** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. *** Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
Short
by luizhcruz
LUNA should but doesn't wantLUNA is in a clear pattern which should take him down but it's showing a lot of strenght, if you compare with the rest of the market it hasn't gone below that support at 87.33 USDT. Last time I've seen such pattern (inverted cup) everything went down slowly because it was on high timeframe but this is visibile at low timeframe so "on paper" it should go down quicker. Volume is going down, bearish DIVs are there so I don't hide the fact I'm pissed off because I've been expecting the retracement for days now. In fact, I've sold at 74.45 in order to buy back lower (I had entered around 50 USDT) and LUNA kept pumping. Considering the strenght of this coin it could even start pumping again BUT since everything is red and since the signs I DO NOT reccomend entering this trade now. If it goes down the supports are on the chart but maybe, if we're lucky and BTC dumps more we can even see a deeper retracement. However LUNA it's impressive so it could disappoint me and whoever wants to buy back or just buy it below 87. Be careful.
Short
by Shotokhan
29
$LUNAUSDT the new king of scalping and day tradingIn the previous weeks and months, when thinking of scalping and day trading opportunities we could only think of $BTCUSDT and $LINKUSDT as stable means for good trades. In the past couple of weeks we have seen a major change in the paradigm of cryptocurrencies. The power LUNA is receiving from all external and internal factors of development is giving traders the much needed fresh air and change in status quo. Too much traders have been thinking of crypto as a means of HODL. But many would argue, traders are supposed to trade and perhaps that's where cryptocurrencies require a slight rebalance of scales in comparison with algo trading and whales manipulation. LUNA has proven time and time again to move against Bitcoin and even where Bitcoin slides, LUNA bounces back, and from this perspective, safe and stable scalping and day trading is back on the menu.
by UnknownUnicorn35305092
Anchor ProtocolAnchor Protocol (ANC) is a lending and borrowing protocol on the Terra blockchain and the 29th project on Binance Launchpool. It uses an over-collateralized architecture to allow users to lend, borrow and earn interest with their digital assets. Anchor is a savings protocol on the Terra blockchain that enables fast withdrawals and pays depositors a low-volatility interest rate, which is amongst the highest among stablecoins at ~19.5%. Anchor makes deposits available to borrowers who pledge liquid-staked PoS assets, bLUNA and bETH, as security. - i am following Anchor Protocol for a long time and what i see is a perma bullish trend, and have a good reason behind that : - if you go to check on their website : app.anchorprotocol.com - You will notice that you can stack ANC for 9.65% APR but also if you use a collateral with UST ( TerraUSD), you will get 70.94% APR. - You can also stake UST for 17%-24% APR ( 19.47% today ) - So for now not many peoples know about this project but the TVL is already around 14 200 000 000$. DYOR to dig more and understand how they can reward so much purcentages ( Mechanic of borrowers pay lenders ). ----------------------------------------------------------------------------------------------- Trading parts : - i do not recommend to Fomo on ANC now but just pray for a dip. - if you want to be just a long term hodler, just buy direct and stake. ----------------------------------------------------------------------------------------------- Buy : 4$ to 3.8$ Rebuy : 3.3$ to 3$ TP1 : 5$ (ATH) TP2 : 7$ SL : No Need ----------------------------------------------------------------------------------------------- Happy Tr4Ding !
ALong
by thecryer
4