LUNA
When will you FOMO in?Check out TA below to catch up on the latest.
Will 30k be the new 6k for Bitcoin ?
So far the cycle is repeating and a extension to 30k would not be too surprising at this point. Last cycle we had 6k as support for a very long time and when it broke capitulation hit shortly after.
This cycle we had 30k as support and when that broke , capitulation hit.
The question is now when will you FOMO in? if price does come back up to 30k and hovers there it is very much possible that Bitcoin enters a bubble and overextend into 4/1 or 8/1 Gann Fan just like last cycle.
I think 30k is the level to watch and when most of retail will step back in.
LUNA bearishI predicted in my previous analysis that Luna in May is bearish and this is happening. I believe we had our first mark down and now price will consolidate at the support of the longterm rising channel. I am imagining that there will be another mark down at the end of May. The next markdown will be a breakdown from the longterm rising channel, which will spell further fall in Luna's price.
BTC will be in a downturn until around September. Alts will suffer greatly and probably past September.
LUNA classic movement analysis. LUNCUSDT 📈Hello guys, Everything is explained on the chart for you like always. The price is below an important resistance but considering the number of hits to the level, I expect a break. So after breakout and pullback as a fixation will be a good point to enter buy position. The targets will be 25 and 35.
Good luck.
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LUNIC Disappointed Moment ❌For the past few weeks, Lonik has been running in an uptrend, but now it seems to be breaking its uptrend. There are two scenarios playing out here. First, it will bounce back from its potential support and easily pump 100%. If the key level breaks, it will bounce back from its past support which is 0.00075. You can open long or shorts keeping these key levels in mind.
LUNC Breakout LUNC broke below our bullish support in orange and retested it on the LTF. Potential LUNC path to a price target of .00011 (triangle PT) but not convinced that will play out. Crypto holding up stronger than S&P 500, so LUNC trend could still be bullish.
LUNC to pump⛽ again? 2Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free.
Luna Classic seems to be ready to break up this triangle 📐 and IF successful I think there is chance for run to 0.00021078 and even higher.
ENTRY : local high @ 0.00017974
STOPLOSS (SL) : local low @ 0.00017337
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 0.00021078
REWARD RISK RATIO (RRR) : 4.8
INVALIDATION : when SL level hit
The setup reminds me of this👇
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Returning to support levels can have a positive reactionLUNA has gained 12% in price in the last 24 hours. LUNA has recently retraced its uptrend on the daily timeframe, and in the latest bullish wave, buyers were able to push the price back above the $1.60 range. Its weekly candle closed with a 52% gain at $2.05, indicating buying pressure. The supports we can consider for it are in the range of $1.80 to $1.85 and the range of $1.60. The return of the price to these levels can have a positive reaction if it is not strong. Therefore, LUNA can achieve its short-term targets in the range of 2.3154 to 2.5036 dollars.
LUNA IS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the LUNA symbol.
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
LUNA USDT READY FOR 50% PUMP ?After a four-month downtrend, Luna is ready to fly for a pump. Luna has claimed the previous resistance and is now in the consolidation zone. There are many reasons to long Luna such as Luna's fair value gap and Fab retracement etc.
ENTRY-LEVEL
1.50 OR 1.54
LEVRGE U Know 🥱
TAKE PROFIT
1.94
2.040
2.33
2.66
To the Moon
STOP LOSS 1.36
2022 - The Year in Crypto MarketsHi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
2022 has not been the best year for cryptocurrencies. Infact, many popular news outlets are proclaiming that 2022 was the death of crypto. Or that it could be, atleast.
As if a long, dry, crypto winter wasn't bad enough, we watched as the market started to unravel at its seams. The first major shockwave that hit the market, was the collapse of LUNA and stablecoin Terra. (Ofcourse the Federal Reserve's interest rate hikes weren't helping either.) The crypto industry in TOTAL is a highly connected and integrated market. It is therefore no surprise, that when LUNA crashed, many companies had suffered serious losses from which they could not recover. Celsius had roughly 1.7 million customers and more than $10 billion in assets, but the market conditions ultimately led them to bankruptcy. Many people on the Terra platform had taken out loans in the stablecoin and used LUNA as collateral. When LUNA's value began to drop along with the overall market decline, it impaired the collateral for many of the stablecoin loans. Many of the borrowers, in turn, couldn't repay these loans because they had used the stablecoins to purchase other investments that had themselves dropped in value. The interconnections among all of these transactions amounted to a 'death spiral' that dragged down LUNA and TerraUSD simultaneously and had negative effects on many investors' portfolios.
Remember that back in March, the year's first major hackers hit the market. Hackers targeted the Ronin network, which supports Axie Infinity blockchain gaming platform, and stole $625 million, making it the largest cryptocurrency theft to date. It didn't stop there. Many other major crypto platforms, such as Binance and FTX, were also hacked in 2022, making it the year with the most hacks and highest amounts stolen up to date.
Confidence in crypto markets continued to decline, and then shocking revelations around FTX and sister company Alameda Research came to light in a November CoinDesk article. Binance CEO CZ immediately and publicly expressed concerns around FTX's solvency and ability to sustain its self-issued token, FTT . Traders began to withdraw funds from FTX. The FTT price fell from roughly $26 to $1 in just a few days and FTX paused customer withdrawals. FTT was discovered to be insolvent, having misused customer deposits and funds. FTX filed for bankruptcy protection in late November. The previous bailout of BlockFi was reversed and BlockFi was back into bankruptcy court. Crypto markets crashed, again.
It is important to note that the failures we’ve seen this year have NOT been caused by a failure of the underlying blockchain technology. Ethereum underwent a successful upgrade in 2022, transitioning from a proof-of-work blockchain to a proof-of-stake blockchain. The tokenomics of Ethereum have also changed significantly, which many believe will benefit the future of the ETH ecosystem.
2023 may start bleak, considering talks of a recession, cryptocurrency regulations and the fact that many cryptocurrency companies and their founders are facing bankruptcy and even the threat of imprisonment. But, the future of blockchain remains! Crypto will survive, because it is revolutionary and as a wise businessman once said - If you want to be successful, invent something that makes the previous version absolute.
🎁 And remember, from all of us at CryptoCheck 🎁
🎁Happy 🎁 Festive Season ✨
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Luna : Trading model XLuna is a coin that can be very risky, At the same time, the increases on this coin happen most times unexpectedly, like the last increase that did increase above 7 USD.
This is update is just a model update depending on historical price action, and it shows only a view of price action where the before increase did start.
If we follow this model, then it seems that the possibility is that Luna can return to new targets.
Same time we are in a bear market where the most of coins are in a breakdown trend, so this is no guarantee that this coin or any market will move.
Luna is also a coin that a trader should not hold but only trade with the right risk management.
Interesting to see coming time if Luna is able to show some trends depending on this model.
Don't expect too much from it at a low time frame, until there is unexpected volume entering .
The trend of Luna until now is still breakdown.
TRX Tron the Next LUNA ? Justin Sun is the CEO of TRX, Tron, the 15th biggest cryptocurrency, with a market cap of $4.74 Billion.
Justin Sun`s TRX also controls a stablecoin, USDD, that keeps on depegging from the dollar recently.
He has also a controlling stake in Singapore-based Huobi, the fourth largest digital asset exchange.
Yesterday the amount of withdrawals from Huobi were significant, $60 Million.
There are Insolvency Rumors for Huobi.
I think TRX will ultimately reach its pandemic low of $0.0072.
Looking forward to read your opinion about it.