$LUNA reversed stonksThe setup we got here clearly suggests continuation to the downside, although quick move to the upside is still possible.
Terraluna
LUNA/USDT 16 Hour Time FrameNot a lot has changed since my last update regarding Luna/USDT. It looks like Luna has been moving sideways for days now while the entire market has been moving in an upward trend. It looks like the Luna price is consolidating sideways until more money floods into Luna. I would like to note that Luna is dominating the DeFi space in terms of Total Value Locked of 7billion. The amount of liquidity that is coming in is pretty incredible. The anchor protocol is pretty easy to use and very quick, though I would like to add in my experience, the spread is quite high therefore you will pay a lot of hidden fees. In my experience I went from trading and bonding 37,000 usd and lost 4,000 in just swapping fees. In my next venture with Luna, I am only going to swap for Luna through the polygon chain and hold and sell the tokens and not use Terra Station or Anchor protocol.
In my next evaluation I will see if Luna has been outperforming Ethereum.
LUNA/ETH 1 Hour timeframeIt looks like Luna has been extremely underperforming against Ethereum and holding Ethereum would be the better bet. I should've seen this earlier, it looks like I will not be touching Luna for a very long time.
Look at the beautiful pattern the trend lines are makingWell guys, I dont know if you been holding for awhile or not but WHAT A YEAR. $LUNA is MASSIVE. This has been my greatest hand so far and you know what, I think it will continue to be the best. With all the minting and burning does anyone really need DD? I dont do technicals I just like charts. I've been successful with charts alone. With that said, Im not a professional. This is for entertainment only. Do your own research. You should know that already.
LUNABTC everybody shorting now, then better for usNormal traders are fixing profits now
Some of them fixed half on 14,5$. Risk management is a key of success
But some indicators and domination is in favor of Luna
My spot profit is 378% now, jumped in at 6,23$
1 TP 0,00084 BTC compared to 39$
Then 0,0010 and o,0011 BTC
Luna Gave 150% growth, but history may repeat, where to buy?Less than a month ago, we published an idea for a pair of LUNAUSDT , where we briefly described the Terra project itself and considered the history of the price behavior of the LUNA token
We jokingly called the idea "Rocket to the Moon" and got a good 150%+ growth in a short period of time , check it out for yourself)
As can be seen from the graph, this rapid growth was stopped by the liquidity zone , where in the past there were big sales well before the fall in May.
It was not possible to break through this zone the first time, so it is logical for the LUNAUSD price to go for a correction , and gain new buyers and strength for further upward movement.
We would like to see a correction to the $8.75-9.50 zone.
Keeping the price of LUNAUSDT in this zone or even above it will signal serious strength and intentions of buyers. As a result, in the future, one can expect one more 150%+ growth to the $22 region, where the previous ATH was recorded.
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
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 :)
Terra Luna 1D Soon again rocket launch to the moon?Terra is a blockchain protocol that uses stablecoins pegged to fiat currency to provide a stable price for global payment systems.
LUNA is a Terra token that is used to stabilize the price of protocol stablecoins, and LUNA owners can submit management proposals and vote for them.
For 4.5 months, the cost of LUNAUSDT soared by x80 and this is a cool result.
After a strong rally in growth, a logical correction began. At first, it was smooth, were those who were more cunning were selling out, and during the fall in May, the correction became simply vertical downward. As a result, the price of LUNAUSD corrected by -82% from the maximum.
Further, LUNA investors were waiting for almost two months of consolidation in the zone of $4.70-7.50.
Now we don't really want the price to fall below this consolidation, it's time to complete it and grow back. For this, buyers should not be allowed to drop the price below $5.
Below $4.70-5, there will be an area for a fall, where $3 can act as the first level to stop.
Although, as can be seen from the chart on the way up, more or less liquid zones were $0.77-0.88 and $0.40-0.50 , even we hardly believe in such a pessimistic forecast.
Therefore, for now, we take the white scenario as a basis.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
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 BTC 1-Dfacing resistance at its pre dump support of 23500 - 24000 Sats
as flip of this level and we should see 0.618 and 0.786 Fib zones at upto 32k sats
For reference(PLEASE READ DESCRIPTION) LUNA-USDHello traders and investors!! 👋
I am watching LUNA closely and depicted above are some of my key points..👆📌📈
We recently broke up and out of a descending channel, but I am not convinced just yet, let's see if we bounce down from this possible resistance at the top of our triangle/wedge shape..!🆗↘↗🧐🔺
Just a few days ago there was news that the (80 percent drop in price recently) drop👀🐻 in LUNA token🌚 caused major issues with the price of Terra blockchains PIGCOIN🐷💲 pair (UST,) was down upwards of 11 cents at one point. 😨
PIGCOINS🐷💲, or (stablecoins,) are supposed to stay at a fixed price and not deviate in either direction (think US dollar)
TERRA, having a large amount of reserves in their token LUNA, then had to buy up aggressively their LUNA token to fix the drop in UST.
This does not go unnoticed and is something to consider before investing in this token short-term.
Long term, LUNA is expected to make a recovery but it is always wise to use caution!
Thank you so much for considering this chart/analysis of LUNA-USD, I always love your feedback!!!🐶🎉
🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set🆗
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Jazerbay
Terra LunaVery Strong Ecosystem Project. DYOR it before buy it. imo this project Bottomed already with the last BTC Crash and got a very strong rebuy around 4$. Time to shopping a bit.
What Is Terra (LUNA)?
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 2020, 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.
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Trading Parts :
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- Buy Zone : Now
- Rebuy Zone : 4.5$-5.5$ is gift
- TP1 : 11.5$ ( Security TP )
- TP2 : 18.9$
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As always follow theKing on priority!
Happy Tr4Ding !
Luna Primed for Takeoff - My Number One TradeTerra Luna is in my opinion one of the best blockchain out there. It's has a product that's has real world applications outside of just the crypto industry. One of the highest LTV locked up and potentially explode if UST start to become more widely adopted.
Aside from that the technical show that it's been holding a bull flag pattern for weeks now with the 26-EMA support creeping up and nudging it to finally go. It's one of the few major alt coins that haven't had it's massive pump yet and judging from how tight the pattern is getting, I am expecting a break to upward within the next 2 weeks. These are my favorite types of trades when both the Fundamentals and Technical align.
LunaBtc BINANCEHELLO
DETAILS ARE IN THE CHART
THIS IDEA IS BASED ON CUP AND HANDLE (BULLFLAG)
IF ITS PLAY OUT YOU HAVE THE TARGETS IN THE CHART
YOU CAN LEAVE YOUR OPINION IN THE COMMENTS I APPREACIATE IT
THANKS
GOODLUCK
LUNALuna following the charts is going really bullish, maybe a bit too much. Looking at the RSI chart LUNA is getting overbought due it's high volumes. When something is oversold it will create a price drop allowing LUNA to get back to one of it's resistances and go even more bullish touching the all time high that is 22$.
LUNA(USDT) LONG AND SHORT VIEWHello! We seem to be in a slightly descending-channel / triangle shape ▶. I am expecting a break up and out of this formation as long as BTC and ETH don't fall off a cliff 🤸♂️🐻.
I'm thinking if we can gain some support💪 at our yellow🟨↔ line here (~17.155,) that could be a good indicator for the possibility of more bullish run to our approximate targets🐮🏃♂️.
It would be wise to wait for confirmation that we broke UP before entering🆗.
As usual, depicted above, is a bear path for other reference🐻🙂.
SHORT FUNDAMENTAL OVERVIEW: 👀🔍🧐
TerraForm Labs(created by a large blockchain firm) is behind many projects, and they have their own blockchain called TERRA🌒🌙🌚.
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They mint stable coins that allow for safer e-commerce through various protocols👌✅.
TERRAs coin LUNA🌚 is on almost every popular blockchain👍, and top investors that stake LUNA earn great rewards💲🤞.
TERRA has also created MIR protocol👏 which is highly advanced protocol that collects prices of stocks and delivers information to various blockchains and fungible tokens (assets🌏.)
I think LUNA is just getting started here, the amount of transactions/ tasks it performs is incredible!!🤯👍
🛑🛑🛑This is not financial advice, always have a stop🤚🛑💲 loss set🛑🛑🛑
It is a good idea to always monitor 🧐👀 BTC and ETHs movement when making any trade
Would love to hear your opinion on TERRA/LUNA😃
Any thoughts 💭🤯, questions 🖐❓🙋♂️🙋♀️, happy😃, sad😥, like👍 or dislike 👎 welcome in comments below!👇😄
Jazerbay ☯
MIR-MIRROR PROTOCOL-USDT LONGHello!👋😄
Short little idea on MIRROR protocol token..🐶
We have been trading inside of a horizontal channel for a little bit here, that seems to have stemmed from a larger, almost symmetrical triangle▶.
We are almost to the end of this structure and you know what that means!! Let's take a look. 👀🧐🔍😄⏬⏬
Mirror(MIR) or mAssets protocol was developed by TERRA LUNA, and is used for staking, mining and is the only protocol that tracks prices from oracles of real time stock prices and delivers the information to fungible tokens, smart contracts etc.. MIR is also used for exchange trading funds ETFs🤞💲
LUNA has been performing very well lately, I assume MIR will do the same, as it is rapidly growing and has many good rewards that it gives to it's investors who stake on liquidity pools via TERRA/LUNA🌚🌒, ETH💲 and UNISWAP🦄 blockchains.
This token will be correlational to ETH and LUNA to a certain degree
🛑This is not financial advice, please always use a stop loss!!🛑👌
Any thoughts 💭🤔, questions🙋♀️🙋♂️❓, like👍, dislike👎, happy😃 or sad😥, always welcome in the comments below, thank you!
Jazerbay💕