Price Prediction:
On the hourly time frame, Luna has been trading in the Descending Triangle Pattern.
Descending Triangle Pattern, Generally, this pattern is a bearish pattern. However, a descending triangle pattern can also be bullish.
so that time we call as a reversal pattern
Level Based on Descending Triangle: Breakout Point 7.7135, Target 10.4740, and...
You can buy here the best price of luna.
Sl can be below tha double bottom line support 1.94$.
For future view long term dont put sl.
Max invested amount 10$ bcz it can be zero too.
Its a hero or zero buy opportunity $10 luna worth for future.
It can be zero but if its goes high there is no limit.
All profit and loss is yours so think according to you.
Major Crypto-Currency prices have been tumbling for a couple of weeks now and the whole market has been crashed. Luna, one of the top crypto-currency having a price of $115.70 on April 5 has fallen to $0.0991 on May 13. Having around average -30% fall in price daily.
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LUNA/USDT is getting stabled and taking support around 61% retracement.
It shows there is confidence in new investors.
LUNA/USDT is currently trading around 0.00022000, and it has scope to bounce towards 0.0012 (600%) if stay above 0.00017.
This analysis and outlook is based purely on Elliott Wave Analysis.
Please check fundamentals yourself.
Just weeks ago, Luna, a cryptocurrency by Terra Blockchain, was one of the hottest coins in the game. By market valuation, it was one of the 4th most valuable cryptocurrencies. Now, its value is zero and the Reddit community where Luna owners gathered and talked has put the suicide prevention help number in the pinned post on the community page. In the last two...
when it was going up than people giving targets of 1000$ bla bla, every technical are working well, peoples prediction were so accurate,
Where are those one, who predicted this ?
when we had expectation to become billionaire with penny amount than we should also see the other side of the coin and except that harsh truth if we are investing beyond our capacity...
-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...
I was short on luna not because of market, i am short because of luna news attack and their stable coin which too low.
I have recovered my spot loss in luna by shorting him in future trade with my team members.
Don't buy luna, because i think their brand value is drowned
Keep an eye on fundamental analysis too such a great project but
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (89.96).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LUNAUSDT 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...
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