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LUNAUSDT trade ideas

LUNA Shitcoin Season Part 2 The token burns baked by exchanges makes me think there's more to LUNA than we think . I'll ladder into longs from here down to 0.9 . Binance supporting the community driven coin, especially being under criminal investigation gives me confidence in this shitcoin. In the latest development, Binance executed a substantial burn, totaling almost 4 billion Terra Luna Classic (LUNC) tokens in the 16th batch of the LUNC burn on December 1. Binance’s cumulative contribution to the LUNC burn now stands at an impressive 43.6 billion tokens. This massive burn coincided with a surge in LUNC spot and margin trading volumes, driven by the introduction of USTC perpetual contracts on Binance and other exchanges, along with the listing of new USTC and LUNC pairs. The increased trading activity has further fueled the momentum of the Terra Luna Classic ecosystem.
Long
by NineDragonsVenture
LunaUSDT golden cross on the way Luna daily chart looks bullish as it is forming higher highs and higher lows, and has a good momentum with each new high. Moreover, we can seen that a golden cross is about to form, which is a bullish signal for a lot of traders. Finally, if it respects the bullish trend and the retest of the level, then it should form a new high, higher than the previous one on 1.27. according to the levels on the chart, it could reach 1.4 range in this swing, or drop back to 0.95 to retest the level again.
by xxr50
LUNA ANALYSIS (4H)It looks like we have a large degree triangle that we are now completing wave D of. If the count is correct, it is likely that the price will return to the green range to complete the wave e . If the price returns to the green zone, we can think about buy/long positions. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
LUNA/USDT has Broken Descending Channel | What's Next?💎Yello, Paradisers! gear up for a captivating opportunity with LUNAUSDT as it gears up for a potential breakthrough beyond its descending channel. 💎Terra has been persistently testing its limits against a descending trendline, often encountering resistance at the supply level. 💎The current momentum is building up, indicating a promising chance for LUNA to surpass the supply threshold and advance towards the next significant supply zone. 💎In the event that LUNA faces challenges in surpassing the supply level, a bullish recovery from the existing demand level seems probable. This bullish perspective is further bolstered by an RSI divergence, which, upon detailed analysis, reveals a bullish trend. 💎On the other hand, if LUNA dips below the demand level, we might witness a substantial bearish movement towards the support level. It's crucial to keep a watchful eye on these critical levels as the market evolves.
Long
by MyCryptoParadise_Simon
1
LUNAUSDT Is it coming back from extinction?The story of Terra's (LUNAUSD) crash back in May 2022 is well known to everyone in the cryptospace. Shortly after its collapse and following the last dead-cat-bounce on September 09 2022, the price entered a Channel Down pattern in the last 14 months. In recent price action we see the possibility for a technical comeback though as not only has it reached today the top of the Channel Down but also is about to form the first Golden Cross on the 1D time-frame since August 17 2021!. As a result, we will turn bullish if a 1D candle closes above the Channel Down, targeting 2.500 (near Resistance 1). An early bullish break-out signal can be seen on the 1D MACD where it just formed a Bullish Cross on a Higher Lows trend-line. The same pattern during the last bullish leg within the Channel Down, after forming the Bearish Cross didn't invalidate it so quickly. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
2
Terra (LUNA) Chain Reborn from the AshesTerraform Labs, developer of the Terra (LUNA) blockchain, announced the acquisition of cross-chain portfolio management and analytics startup Pulsar Finance. This announcement comes amid ongoing legal disputes between Terraform Labs and its founders. The cryptocurrency developer has been dogged by legal issues since the collapse of algorithmic stablecoin TerraUSD, a key element of the Terra blockchain, in May last year. The United States Securities and Exchange Commission (SEC) filed a lawsuit against Terraform in February, alleging that it sold unregistered crypto asset securities and defrauded investors. Amani said in a written statement that the acquisition of Pulsar provides immediate support to the company, allowing it to quickly bring cross-chain applications to market. “Acquiring Pulsar not only enriches our technology stack, but also adds an incredibly talented team led by three innovative entrepreneurs with a proven track record of building and launching successful applications,” said Amani.
Long
by DEXWireNews