Exciting Potential for LUNA! Keep an Eye on Breakout Levels 💎 LUNA is exhibiting a bullish market structure and has formed a cup and handle pattern.
💎If LUNAUSDT manages to break above the resistance level, we can anticipate a bullish move towards the next resistance levels.
💎In the event of a pullback, we can anticipate a bounce from the trendline, especially considering the presence of a bullish order block (OB) in this area.
💎However, if the price breaks below this level, it may be considered a bearish scenario. Nevertheless, it might be prudent to disregard this scenario for now and wait for clearer price action to emerge before making any decisions.
LUNA
How Much Gain Required to go Terra (Luna) to 120$. Just See PostJust weeks ago, Luna, a cryptocurrency by Terra Blockchain, was one of the hottest coins in the game. By market valuation, it was one of the 4th most valuable cryptocurrencies. Now, its value is zero and the Reddit community where Luna owners gathered and talked has put the suicide prevention help number in the pinned post on the community page. In the last two weeks, Luna has seen its value fall to zero. Essentially, all those who hold Luna now hold a cryptocurrency that isn’t worth a dime.
For Terra, just Luna has crashed, but also TerraUSD, which is supposed to be tagged with US Dollar at 1:1 rate. Traded at a rate of USD 1 until May 9, the TerraUSD is now worth less than 20 cents, showing that in real-world a cryptocurrency, irrespective of the idea behind it, has no tangible value and an institutional mechanism that can guarantee whatever value it holds.
Luna has now been delisted from major crypto exchanges, including WazirX and CoinDCX. “We will enable Binance free transfer for users to withdraw their Luna funds,” WazirX said in a note.
But Luna and TerraUSD aren’t the only cryptocurrencies that have seen their value plummet in the last week. While that is the extreme case — with Luna losing all its value and turning to dust — almost all cryptocurrencies are in a free fall.
Bitcoin, which was once selling above $50,000, is now at a price of around $28,000 and falling. The same is with Ethereum, which has also seen its value plummet by some 20 odd per cents in the last 10 days. Experts estimate that around $800 billion of wealth has been wiped from the cryptocurrency market as many have tried to sell whatever crypto coins they hold.
The result is that the cryptocurrency communities on Reddit and around the world are in utter chaos right now. While many want to get out of the crypto scene, some are still believers in “HODL.”
What about LUNA anyone ?What about LUNA any one?
its too low buy and do not remember it will like your son and his son and his son will check its price it will be at 10000$
Trading Signal For LUNAUSDT Terra (Spot)-Luna has dropped drastically and the price is at very significant support zone. We trade this signal without Stop loss.
-But you definitely apply risk management. Don't gamble, Trade
-Here is how we trade this signal:
-First, you decide how much money you are going to invest in this trade (there isn't any stop loss). Then divide your money into 3
1. Right now we open the trade with the first 1/3 of the money
2. At $1 we add another 1/3
3. For the last 1/3, wait until we post the last entry in the channel. we will keep you updated on this.
We hope this turns to a Golden opportunity for you all
Trading Setup:
There is a Trading Signal to Buy in LUNAUSDT Terra (Spot)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 1.00
⭕️SL @ 0.0 (without Stop Loss)
🔵TP1 @ 10.0
🔵TP2 @ 30.0
🔵TP3 @ 74.0
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
💡Don't miss the great buy opportunity in LUNAUSD @terra_moneyTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (79.83).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LUNAUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 72.
Take Profits:
TP1= @ 88.89
TP2= @ 92.56
TP3= @ 97.54
TP4= @ 101.49
TP5= @ 106.36
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Market Exit- Short termTotal 2 market cap gives a clear idea about how Altcoins can perform.
It's supports and resistance gives a clear indication when alts can pump and when it's time to exit.
As per the trend line shown, according to me after reaching the market cap of 1.35-1.4 T, the trend can break, retesting back to 1.2-1.25T which can significantly lead to alts dumping.
Till then, I expect $BTC to reach 51-52k mark and retrace back up to 45-46k (which should hold, if not it will go back to 30-34k and may be much lower)
#cryptocurrency
CRYPTOCAP:TOTAL2
BINANCE:BTCUSDT BINANCE:ETHUSDT
💎 LUNAUSDT : 112% Profit Potential in Next 3 Months💣💣💣💣last week we seen huge buying in LUNA coin, in upcoming months its going pump very hard.
entry and targets are given on the chart. Please Like and comment if there are any queries.
Buy #Luna with $56 with TG of $68Luna has great support around $56 Buy with SL for atleast $68, there are other factors too making it great Buy !!
💡Don't miss the great buy opportunity in LUNAUSD @terra_moneyTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (53.89).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LUNAUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 58. 01
TP2= @ 60.68
TP3= @ 65.71
TP4= @ 70.51
TP5= @ 75.98
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in LUNAUSD @terra_moneyTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (53.08).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LUNAUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 62.
Take Profits:
TP1= @ 54.60
TP2= @ 56.31
TP3= @ 57.71
TP4= @ 58.91
TP5= @ 60.58
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Buy #Luna with SLof $56 TG1 of $62.5Buy Luna with SL of $56 for TG1 of $62.5, TG2 of $68 and TG3 of $76
There are two reasons apart from technical charts
1) increased demand for the $UST stablecoin of Terra
2) Terra had only 1 DApp less than a year ago, compared to over one hundred today.