Just 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...
-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...
Trading 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...
Total 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...
Everyone seems to be bullish on Luna, but for me Luna is in a pullback of bearish trend shift, won't go bullish for long term until 103.60 (Previous high) is broken with candle close.
It took out 103.60 with wick but couldn't close above it.
LUNA/USDT made a corrective pullback after trend change. It's bearish as it just hit the supply zone & seems like the most recent demand around $75 won't hold.
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.
Trading 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...
Trading 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...
