Trading Setup: A Trading Signal is seen in the LUNCBUSD Terra Classic. Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 0.00023129 ⭕️SL @ 0.00022146 🔵TP1 @ 0.00025614 🔵TP2 @ 0.00028330 🔵TP3 @ 0.00032188 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger...
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...
This chart give you the idea and what is the best time to Buy Luna. Support and Resistance of Terra.
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.
Luna has great support around $56 Buy with SL for atleast $68, there are other factors too making it great Buy !!
enter at - Current CMP Target - levels mentioned in chart STOP LOSS= Below 53
Buy luna around 55.6$ Sell around 63$ Date - 09-02-22
Buy 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.
As the crypto market continues to recover, altcoins are growing. Luna gave a breakout at 1h tf
With the whole crypto market in a blood bath, luna has broken out of the head and shoulders pattern on the daily time frame. This indicates further fall. I might take short positions based on lower time frame. I won't buy until i get a better price.
Terra price set a new all-time high today at $83.81 after it rallied 60% in a little over a week. This run-up is likely to face profit-taking from investors, resulting in a correction for LUNA. Although the altcoin might see some run-up during its potential correction, there is a high chance it will sweep the range low at $52.3, to collect the sell-stop...
This is not an investment advise!!! Head and shoulders pattern formation on LUNA on a hourly timeframe Target should be around 54-55 levels * I'm not an expert analyst. This is something is just learnt, so I'm sharing this with public. If you guys find anything wrong with this post, you can tell me about that in comments. Have a nice day!😄