LUNA/BTC Bullish Sentiment Shift I was bearish on LUNA about a week ago. Today, I see a chance for entry based on Fibonacci. The 0.5 Fib line is my stop loss and the 2.0 Fib line is my target, based on the recent rise. This gives about 58% potential gain to 15% potential loss.
What caused my sentiment shift from bearish to bullish? Two factors:
1. Today's bullish candle. This could be dismissed because many altcoins are up today. However, LUNA is supposed to be weak, yet it has gone up more than most altcoins today.
2. The obvious support on the drawn trend line.
However, it is not the most obvious trade and not the safest to me for the following reasons:
1. RSI divergence is still in place and that that is a bearish indicator.
2. I haven't tested this Fib-based trade. I'm confident about the stop loss, but not confident about the 2.0 Fib target.
If you want my latest updated chart on LUNA/BTC, you can view it here .
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Terraluna
LONG LUNAUSDT | Elliott Wave Impulsive Wave 5 Reminder
Like announced in the precedent analysis of LUNAUSDT, the Elliott Wave 4 is confirmed, thus validated the short position.
Technical Analysis
We now enter in the 5th wave, the last Wave of the Impulsive Pattern.
It offers us a long position .
Even if the price rebounded at the Fibonacci 0.786, I place the target profit at 1.618 to higher probability to make profit.
Entry Price: 84.09$
Target Profit: 123.30$
Stop Loss: 78.15$
Ratio Risk / Reward: 6.6
Potential Profit: 46.63%
Fundamental Analysis
Terra Luna ecosystem has seen a huge increase in term of new investors recently. Furthermore, the teams behind is currently working a lot to develop new DeFi apps that seem promising.
Indeed, the power of the project is that they have their own algorithmic stablecoin (UST). The more people will buy UST the higher the price of LUNA will be.
Even if this seems wonderful, they are drawbacks like any project. So, I invite you to discover more about Terra Luna ecosystem to make your own opinion.
Market Capitalization
LUNA: 9th
UST: 21st
I am also curious to earing your opinion too.
Should you feel that this analysis helps you, feel free to leave a like, and I wish you a good day!
LUNA/USDT by CryptoTradersWWThis is our SPOT setup for LUNA, it's a mid-term holding.
🗯 Entry: $77- $83 - $86
🔹 Target 1 : $89
🔹 Target 2 : $93
🔹 Target 3 : $102
🔹 Target 4 : $107
🔹 Target 5 : $130
🔺 Stoploss: $72 ( Daily Candle Close )
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Thanks and happy trading :)
LUNA Terra: 4H Chart UpdateHello friends, today you can review the technical analysis idea on a 4H linear scale chart for Terra (LUNAUSD).
The chart is self-explanatory. Terra price has been moving up an Arc trend line and has been moving parabolic recently. If the price falls, it may go back down to the 0.382 Fibonacci Retracement area which is in confluence with the major Support and Resistance Line. Volume is healthy currently.
In the related ideas below I discuss the Total Crypto Market Cap and Bitcoin trendlines, EMA Ribbons and 200 SMA. Please review those as well.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
LUNA back at it again?Past is known to be repeated... sort of. Well I see some similarity once LUNA previously reached ATH, dropped rapidly, bounced from trend line (around 86-88 imo) to at least old ATH or perhaps even higher, market will show. I dont say it is 100% gonna play out, but I will most likely load some in around 86-88.
Bullish 3 Line Strike at PCZ of Bearish ABCD on the Daily TFWe have Bearish Divergence on both the MACD and RSI. I previously pointed out this ABCD on a different chart but today we got one of the most Bearish Daily Candlestick Pattern Confirmations that we could ask for at these levels and it is in the form of a Bullish 3 Line Strike and are Diverging on Both indicators.
I will have stops above the terminal bar's high and will add to the shorts if it makes a retrace towards the highs again and i will target the C level at around $50 for profit taking.
LUNAUSDT Analysis, Dec 24This is my view of Luna, it is so risky here !
This place is probably the end of wave 5th according to several factors then ABC will begin
The trend has weakened
Buying here means buying the actual top
Luna continue to hit the TOP Hi everyone,
Luna is going to reach another ATH,
Take a look at Fib Trend, It seems to be an easy position,
This is not a financial advice, Just an IDEA. Do your own due diligence
Thank you for seeing idea .
Have a nice day and Good luck
A little help please..will Luna history repeat itself?Im still an amateur when it comes to TA unfortunately, so I wanted to ask you guys and girls what you think?
After LUNA reached ATH of 78$ it made a mild correction, two new attempts on ATH and then a slightly steeper correction.
So far, after reaching new ATH of 98$ it seems to make the same move (purple rectangle). You think the green rectangle will repeat itself too, with a correction to Fib. 0.236?
Thanks a lot for your input!
LUNA need some rest Before new highsthe LUNA Price Momentum is very Bullish (Still!)
However, there is a slight divergence and it seems that some people have sold their LUNA and are waiting for a price correction
It is also at the top of its ascending channel, and a correction can increase its power for subsequent ascents
But I don't think it will drop much and it might just be Sideway for a while and form the Flag pattern ..
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Fib retracement the fib levels will be the support on wich will continue the bulish run , ust is being minted non stop i think it will be more than 100 eoy.
LUNA at PCZ of Bearish ABCDLooking for Pullback Back to C at around the $55 level. We also may soon Bearishly Diverge on the RSI, once we start curling down it will be confirmed Divergence.
accumulation window for LUNAthat one is a double top on LUNA, if it'll play out completely the target is 50USDT, which it's clearly possible if you looks also at Fib retracement. LUNA is one of my biggest regrets of last bullish wave (1 year ago), I didn't have much info and money to invest so I skipped it knowing it was a good buy. Now it can still give us good profit I think. A good thing about this coin is that it's not affected much by BTC which is a positive aspect if you think about the current market situation.
Updates will follow.
Good luck.
Luna Scalping Long Elliott Wave ABC Correction EntryI'm a bit late on this one, but entered long today on the end of the LUNA 15 min ABC correction wave, currently in consolidation
TERRA LUNA, To Complete MASSIVE Paramount BROADENING-WEDGE!Hello,
Welcome to this analysis about TERRA LUNA and the 12-hour timeframe perspectives. The cryptocurrency market keeps on going with constant changes and increasing divergences between certain cryptocurrencies, this is why there are coins that show great bullish potentials while there are others that have a more bearish outlook. In this case, it is highly necessary to distinguish these divergences and when considering the long-side at best to pick out the coins which are forming bullish setups with great potentials. In this case, now I discovered that TERRA LUNA is forming an important formation which when completed properly will show up with great potentials and determinations with the right activation of continuations and the target-zone, in this manner I discovered all-important levels and scenarios to consider.
Structural Developments:
As when looking at my chart now we can watch there how TERRA LUNA since a longer while now has build up in the structure and formed these several bullish volatility bounces in the structure also with increased volume which is always a good sign that the market is ready to form a breakout sooner or later. Since managing to confirm the 40 USD level as a legit support and bouncing several times up on it TERRA LUNA moved on to develop this massive paramount broadening-wedge-formation marked with the boundaries in black, within this formation TERRA LUNA has a coherent wave-count with the waves A to E already completed and now as TERRA LUNA managed to bounce off the 54.95 USD support it is forming a confirmational-bull-flag-formation above this level.
Upcoming Determinations:
Now taking all these factors into the consideration it will be highly important how TERRA LUNA continues from here, if it moves on to hold the 35-EMA in orange and the 5-EMA in green to bounce within these EMAs and also keep on holding this golden-cross-condition there are great abilities given that TERRA LUNA finalizes firstly this whole confirmational-bull-flag-formation and after that also the broadening-wedge-formation from where on TERRA LUNA will activate the upper-target-zone and continue with further bullish continuations as it is seen in my chart. Therefore once this whole formation has been completed and TERRA LUNA formed the setup for the appropriate suggested developments it will be important to see how TERRA LUNA will move on after reaching out to the target-zone.
In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best!
"Great fortune is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the markets.
Is Luna approaching a new rising wedge?Luna after her first run in September continued towards an uphill path forming a rising wedge which led to an expected negative breakout in mid-November , a fall that bounced back to .61 Fibonacci from the first run.
Now we are facing a Luna that even after its second run does not hint at a retracement , continuing to have new Higher Highs , could we therefore find ourselves facing a new rising wedge?
In the event that the chart continues inside a rising wedge, we can expect a negative breakout between January / February that should bring the price of Luna to the 0.61 Fibonacci area , therefore around $ 55.
Excellent point for a strategic entry.
What could we face if it breaks the current pattern?
Terra (LUNA Just hit moona!)Hey Hey
What's up fellas
long time no pump eh?
Bear market coming!? then you must think twice about your portfolio
we just made 70000% profit with only Terra so its time to talk about this gem,
Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements.Development on Terra began in January 2018, and its mainnet officially launched in April 2019. As of September 2021, it offers stablecoins pegged to the U.S. dollar, South Korean won, Mongolian tugrik and the International Monetary Fund's Special Drawing Rights basket of currencies — and it intends to roll out additional options.Terra's native token, LUNA, is used to stabilize the price of the protocol's stablecoins. LUNA holders are also able to submit and vote on governance proposals, giving it the functionality of a governance token plus they are rich enough to go to moona as well!
congrats to 30 billion dollar marketcap
got pump?
🔥LUNA 1D Rocket to the Moon 🌘 version 2.0Today we will consider the trading pair LUNAUSDT
As practice shows, on trading pairs, which technically work out, we do a whole series of ideas.
So it happened with LUNA , we started this coin when it was $5 , and we shared our opinions on where the tasty zones of buying and selling were.
Then we noticed a pattern that the LUNAUSD price march is at least 150% up
Today we updated the chart and started to make guesses about the targets, and we were pleasantly surprised. We smiled while doing this idea, because it seems that we have another +150% growth ahead of us.
Locally, it is not clear whether the price of LUNAUSDT will be able to renew the maximum at the first attempt and break the level of $75 upwards, so we take this level as the first growth target.
The global growth targets for LUNA are $124, $200 and $344.
Of course, the global objectives will be achievable, if our thoughts stated in the idea of BTCUSDT are realized
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We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
LUNA DIAMOND TOP PLAYING OUT!LUNA has just started to break to the downside from a DIAMOND TOP pattern.
Target buy zone for me is $35-40, this also lines up with my long term trendline in a rising channel.
This chart shows how nice it is to catch a DIAMOND TOP.
You can see the VOLUME CANDLE and the pump and dump manipulation to create the pattern as shown by the arrows.
Not Financial Advice!
LUNA - Good opportunity (Maybe $77)LUNA is currently at the bottom of its uptrend channel
There is a high risk of entering buy/long trades at the moment, but given SL's close proximity to the price, good Risk/Reward and positive divergence this is a good buy opportunity.
The rest are specified in the chart
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Good time
Luna descending triangle formation and 20 and 50 EMA patternLuna is forming a descending triangle formation with clear support being expressed within the channel. The past few times when the 20 EMA and the 50 EMA squeeze close together(no overlap though) Luna makes a movement upward.
Once bullish confirmation is confirmed Luna would be a great buy.
Terra (LUNA) needs to confirm breakoutLuna (LUNAUSD) needs to confirm breakout by a higher high.
Would be great if OBV also gains new momentum 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
LUNA - doesn't care about the recent market dumpTerra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems.
Current No. 10 at CMC with 26 Billion M.Cap.
After last accumulation phase LUNA has grown 470% (before first bigger price drop).
Right now LUNA breaking out of the ascending accumulation and retested the upper boundary of the range.
Despite recent market dump LUNA continues its path to new highs.
My take profit targets are unreached fibonacci extensions at 90$ (TP1 - 50% from breakout) and 110$ (TP2 - 75% from breakout).
Given the large valuation of 26 Billion, I don't expect some huge moves here. Swing trade with stop loss under 60$ is my game plan for LUNA.
