LUNA
🔥AVAX: is it going to PUMP after 2 months fall?Avalanche (AVAX).Avalanche Trading Setup. The growth of volumes after a false breakdown indicates the buyer's presence! A large number of long traders closed their positions on their own or their stop losses were collected under the key level of $27.50.
📊When the price will be squeezed under the trend line - this will be the main signal to open the long. Also, local manipulations are possible, which will give additional confidence that a BIG player wants to accumulate enough liquidity to open a long position. A squeeze and breakout of the trend line is what we should wait for to open a long.
📊Globally, many retail traders opened short positions after 2 months of decline. But if the price of AVAX starts to rise together with the Bitcoin, we can expect a fast price growth. The short traders will be the fuel for the huge PUMP.
🎯Value areas and targets:
1. $38 (+23%)
2. $42 (+40%)
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
✅BTC: three local targets for Bitcoin!Hi friends! After a huge liquidation of $2B in the cryptocurrency market, Bitcoin is showing signs of strength, which is positive for opening long trades. Read about 5 confirmations of Bitcoin's strength.
The positive signs:
🔶Bull trap - liquidation of long traders for $500M. Usually, this is additional confirmation that a big player is accumulating positions and trying to collect all the liquidity in the market.
🔶Higher lows (HL) - buyers ready to buy higher and higher.
🔶Squeezing and breakout of the trend line - after the liquidation of the long traders, the price did not continue to fall, but returned to the trend line.
🔶Two-week accumulation in the $27,000 to $31,000 range.
🔶Growth of Bitcoin Dominance (BTC.D). Money from altcoins is flowing into Bitcoin.
✅The targets:
1️⃣ $32,000
2️⃣ $33,100
3️⃣ $35,900
Also, check out the video about Bitcoin targets that I recorded for you! The price return to the trendline and brekout it again.
✅Friends, what is your plan? Share it in the comments. Let's look at the Bitcoin chart from different points of view!
💻Press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
EPX : The coin that can go above 0,01 and more.The goal of this channel is to share the best possibilities depending on technical analysis.
Some updates are for the long term, and some updates are scalping for the short term.
This time I did scan this coin EPX with high possibilities.
Always make sure you study any project well - and add the right risk management .
Goals and targets.
For the long term, 0,01 are a possible target.
This coin is still not known well, and it's in this first startup fase.
Will LUNA be the biggest turnaround of all time?Let's first look solely at the TA. Pro Blue Osc is heading up towards the zero line in a V shaped recovery. RSI is in the buy zone and MACD just completed a Bullish cross. People may say this is silly because it has crashed so violently that it's typical to see indicators moving up after this kind of carnage. Remember, TA is TA and if you caught some of this bounce then you have done very well. TA shows us there is potentially more upside to come.
Now let's consider the macro catalysts. If there is a Fork they are stating it will not be a true fork where history is gone and a new coin is created. The proposition states Terra 2.0 will just start with a new Genesis Block. There is also major discussion about a 3% tax being created to fund a major burn, thus reducing supply and allowing MC to rise with a rewarding token price. Either way some whale and or entity has been accumulating LUNA, as retail throwing $100 in each, in no way can create the volume on the buy side LUNA is seeing.
Does someone like CZ at Binance have a plan to save the day, make an extraordinary amount of money and secure themself as King of Crypto? Looks like we will soon find out.
IS THIS THE TIME TO HAVE LUNA BEFORE 27TH ?Luna looks to have some signals for uptrend and this depends on technical analysis - but is this the right moment to buy Luna before 27th ?
This question is very important, and the only answer to this is risk management, even if you buy or not, make sure there is no more loss than it should.
We will follow Luna to see if this is the point that can start to make luna into a small backend for low-range trading.
this update is not trading advice, trade only with a plan, and let's see or this will be a start that could get luna into better levels back.
NOTHING HAS CHANGED - TRADE THE RANGE My idea on the right move to make with luna has not changed since my last analysis. Price is stucked in a range and isn't going anywhere...
So SELL at resistance and BUY at support! EASY MONEY
LUNA/BUSD Daily TA Cautiously BearishLUNA/BUSD Daily cautiously bearish. *With 137 million votes to go and 5 days left, the governance proposal to fork Terra into a new chain without UST is at 64% in favor; it just needs to be at 50% or above in 5 days for the network to launch on May 27th.* Recommended ratio: 3% LUNA, 97% cash. Price remains hovering at fractions of a cent as the vote on whether or not to hardfork the Terra chain goes on for five more days; the 50 MA is about to form a Death Cross on the 200 MA at $69 for the first time since June 2021. Volume remains very high and has been shrinking for five consecutive sessions now, and has favored sellers for six. Parabolic SAR flips bullish at $13.23 resistance. RSI remains flatlined at 14.25 for what is about to be ten consecutive sessions. Stochastic also remains flatlined at max bottom for ten consecutive sessions. MACD remains bearish and is trending up slightly at -23 as it is on the verge of a bullish crossover at -21.35; this will be one to watch leading up to the end of voting. ADX continues trending up slightly at 54 in search of a peak as Price continues to hover close to 0, this is mildly bearish; if it is able to form a peak as Price grows, this would be mildly bullish. If Price is able to breakout above $0.01, the next likely target is a test of $0.27. However, if Price continues to see selling pressure, it will continue to hover in volatility under $0.001. Mental Stop Loss: (two closes above) $0.01.
**There is an argument to be made about the reduced 100m supply of new LUNA being a bullish catalyst for its Price and it very well could, but this argument assumes that the remaining 137 million votes don't go to 'No with Veto' or 'Abstain'.**
LUNA/BUSD Daily TA Cautiously BearishLUNA/BUSD Daily cautiously bearish. *With 17 hours left for the Terra community to vote on whether or not to fork a new chain, 66% remain in favor which all but guarantees that the current chain will become LUNC and the new chain (without UST) will be LUNA on May 26th EST (May 27th SGT). As it currently stands there is still almost no value proposition for buying LUNA before 03:59:51 PM EST (UTC-4) on May 26th (03:59:51 AM SGT (UTC+8) on May 27th) unless you believe that the current LUNA is salvageable and that LUNC will undergo a massive burn along with getting rid of or fixing the UST peg. For long term investors who believe both LUNC and LUNA will have future value similarly to ETC and ETH, this would be a reasonable time to buy a few LUNA.* Recommended ratio: 1% LUNA, 99% cash. Price remains trading under $0.001 cent and will likely continue to do so leading up to the fork on May 26th EST. Volume has been shrinking but remains moderately high and has favored sellers in eight of the past 10 sessions. Parabolic SAR flips bullish at $7.14, this margin is bullish. RSI remains flatlined at 14.25 for a fourteenth consecutive session. Stochastic also remains flatlined (at max bottom) for a fourteenth consecutive session. MACD remains bullish after crossing over in yesterday's session, showing that there is at least some buying interest (probably those who bought to burn). ADX remains trending up slightly at 61 as Price continues to see selling pressure keeping it below $0.001 cent. If Price is able to breakout above $0.01 cent (only way possible is with a massive burn accompanied by buyer interest), then the next likely target is a test of $0.27 cents. The only other option is for it to range here between $0.00016 and $0.00 before it undergoes the rebranding (LUNC). Mental Stop Loss: (two consecutive closes above) $0.01 cent.
LUNA Buy Position - Check my Analysis about LUNALUNA is making Descending Wedge. I think it is an opportunity to buy into this position, but again it is not my personal recommendation. It is just what I'm seeing in this situation at the moment. Keep following me if you like what I share.
Thanks
Will Wait To Buy Lower.....Should we wait to buyer at lower prices?
becuase you woke up this morning and read the news
Food crisis?
World War 3?
Nuclear War?
Monkeypox virus?
Bitcoin ponzi scheme?
Take a pick they all seem interesting meanwhile we stand right now in one of rarest times to buy Bitcoin yet everyone is scared or waiting to buy lower.
The Mayer Multiple is at 0.67 now is the time to put those news sites aside step into the moment and stack some Bitcoin!
LUNA- Possible Down Side ContinuationLuna doesn't look great, none of these markets are really appealing however... I think we could retest the bottom of the triangle and if that doesn't bounce, it could be pretty done for. NFA, DYOR
LUNA/BUSDLUNA /BUSD
after breakthrough 18573
TARGET 26929
If there is no break there will be more drop
JASMY : BREAKOUT IS THE TREND - Called as the JAPAN BTCJasmy, and we did add before more updates about it.
It's not in a period where the most see it as a normally moving coin where the most markets going into a breakdown trend, but depending on study trends, this coin has more behind - with the alert of updates that are coming.
It's not called for noting the BTC of japan - by high interest, and I believe this coin still should prove their real process.
It's not financed advice - but just a view from the side of traders, who sees signals in this coin.
Expecting that this coin even in the long term can hit the 1 USD goal.
LUNA consolidation areaFor those of you thinking LUNA will reach $1, you need to know that this is impossible!
At this price, $0.0001648, LUNA has a mk cap of $1.07Bil, which is still pretty high compared to its current fundamentals.
The highest valuation that LUNA had was $40+ Billion at its peak.
So the best case scenario, FOMO included, is for LUNA to reach 0.006592.
Looking forward to read your opinion about it.