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Terra

LUNA/USD Daily TA BullishLUNA/USD Daily bullish. Recommended ratio: 100% LUNA, 0% cash. Price is currently testing the previous ATH ($106.15) as support (which is healthy) and remains in Price Discovery unless it closes below $100. Volume remains very low and is currently on track to close two consecutive days of seller dominance (critical resistance at previous ATH). Parabolic SAR flips bearish at $87, the higher this number gets before flipping bearish, the more bullish it is. RSI is currently trending down at 62.50 as it approaches a test of 60.13 minor support. Stochastic is currently crossing over bearish and is trending down at 77, the next support is at 69.86. MACD remains bullish and is currently trending sideways at 6, the next resistance (minor) is at 6.92. ADX remains trending up at 30 as Price is facing some selling pressure, this is mildly bullish. If Price is able to establish support at the previous ATH at $106, then it will likely retest the new ATH at $111 before potentially continuing in its Price Discovery. However, if Price breaks down below $106, it will likely retest the upper trendline of the ascending channel from March 2021 (for the first time since December 2021) at $100. Mental Stop Loss: (two consecutive closes below) $100.
LLong
by dailytaguy
LUNA/USD Daily TA BullishLUNA/USD Daily bullish. Recommended ratio: 100% LUNA, 0% cash. Price is currently in Price Discovery after closing above the previous ATH at $106. Volume remains very low and is on track to favor buyers for five consecutive days with a green close today. Parabolic SAR flips bearish at $86. RSI is currently trending up at 70 with the next resistance at 74.26. Stochastic is currently on the verge of testing the max top at 100.68 where it can then coast in the "Autobahn Zone" for some time. MACD remains bullish and is trending up at 6; the next resistance is at 6.92. ADX is slightly trending up at 30.58 as Price continues to appreciate, this is very bullish. If Price is able to continue in its Discovery, the next likely target is $135 (Ascending Triangle breakout target) before potentially hitting the Cup and Handle breakout target of $155. However, if Price falters here then it will likely formally retest $106.15 as support for the first time. Mental Stop Loss: (one close below) $99.88.
LLong
by dailytaguy
LUNA/USD Weekly TA Cautiously BullishLUNA/USD Weekly cautiously bullish. Recommended ratio: 85% LUNA, 15% cash. Price is currently in the process of reclaiming the uptrend line from July 2021 (a close above $100 this week would accomplish this and give confirmation to go ALL IN). Volume remains very low and is on track for a fourth consecutive week of shrinkage, hinting that an impending breakout or breakdown is due. Parabolic SAR flips bearish at $48. RSI is currently trending up at 67 after breaking out above 64.56 resistance; the next resistance is at the descending trendline from February 2021 (75). Stochastic remains bullish and is currently trending up at 58; the next resistance is at 66.26. MACD remains bullish and is currently trending up at 13.5 as it approaches a test of 14.09 minor resistance. ADX is beginning to trend up at 36 as Price continues to appreciate, this is bullish. If Price is able to close this week above $100, it will likely retest the upper trendline of the ascending channel from March 2021 at $125 before potentially testing $150. However, if Price closes below $100, it will likely confirm a more pronounced Double Top that will have Price retest $87.51 minor support. Mental Stop Loss: (once close below) $97.88.
L
by dailytaguy
LUNA/USD Daily TA Cautiously BullishLUNA/USD Daily TA cautiously bullish. Recommended ratio: 80% LUNA, 20% cash. Minor Cup and Handle watch. Price is currently testing the ATH at $106.15 and briefly surpassed it, if it is able to close above it in today's session this would be a time to go ALL IN (due to Price Discovery). Volume remains very low but has increased in the previous two days and is on track for four consecutive days of buyer dominance. Parabolic SAR flips bearish at $85. RSI is currently trending up at 67 after surging past 60.13 resistance, the next resistance is at 74.26. Stochastic remains bullish and is trending up at 82 after surging past 69.86 resistance; the next resistance is at Max Top (100.68). MACD is currently crossing over bullish at 5.05 resistance turned support (for the first day since 03/13/22). ADX is currently trending up at 30 as Price continues to surge higher, this is bullish. If Price is able to close above $106.15, the next likely target is $125 (Ascending Triangle breakout target) before potentially hitting the Cup and Handle breakout target of $155. However, if Price is rejected here, it will likely consolidate at around $100 before attempting another move higher. Mental Stop Loss: (one close below) $92.88.
LLong
by dailytaguy
The Fork Abides - Luna towards $160It's official! LFG.org has bought ~1 of the 3 billion UST worth of Bitcoin to serve as a depeg back stop. Seems that this buying is one of the catalyst for digital assets taking off a bit lately. The chart still looks like a cup and handle to me. That would point us to around $160 on a big, first pulse. Also looking at the low 200s if Luna FOMO kicks in. Most likely move is to 130-140 and continued gradual growth. Luna you are a strange bird in the world of crypto
LLong
by pension-penholder-enhance
LUNA.Usdt (Y22.P1.E2). Building up for next move.Hi All, This is a continuation of the previous post, link supplied below. We have #LUNA #TERRA consolidating under this main resistance of $105. We can have a potential 1,2,3 or 1,2,3,4,5 move. Hence we can potentially breakout of this now without any pullbacks, Or go in with the next pullback or the 3rd touch, all based on trading strategies that many know or should know. If and when, the rest is new price discovery which tends to be difficult to know where the target is. So we rely on fibonacci targets. Depending how BTC goes and the crypto market in general, I have wave 5 as per chart or we can have a parabolic run, but that will be confirmed after it does certain price action. If you haven't bought in yet, then look for the retest of this level, neckline or just buy spot trade and hold. All the best, S.SAri Recent trade details. The previous post. (note the heading is incorrect), LINK should be LUNA
Long
by ssari
Terra (LUNA) - March 29Hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- ** The BTC market chart for altcoins will not be published for the time being as the BTC price appears to be turning upward. (LUNAUSDT 1D Chart) Primary resistance: around 112.52 Secondary resistance: 124.99-131.23 Strong support: 50.17-56.40 The interval 93.82-100.05 is the interval that determines the trend. Therefore, it is expected that the trend will be determined by which direction it deviates. However, since the price range is located near ATH, there is a lot of pressure in proceeding with new purchases. Therefore, we do not recommend new purchases. (Stop Loss) When it falls below -89.45 - When it falls below 85.16 (Sell) When receiving resistance near -112.52 - When receiving resistance in the section 124.99-131.23 ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
Is LUNA the lone BULL in a pack of BEARS?As an intra-day/intra week trader it's been tough recently to find enough space for profit without risking too much. So I decided to look through some of my published ideas and found my hit rate to be satisfactory with one call that was way way off. (link below) So I was compelled to dig deeper and zoom out on LUNA/TERRA and see what the BIG PICTURE really is. LUNA had a meteoric rise since December and has never really quit. It's velocity has continued in one direction upwards. Higher highs and higher lows continue to be set as this asset has cracked the top ten crypto market caps and, excluding stable coins, is only behind BTC, ETH, and BNB. Just doing some back of the envelop math with a friend we calculated that LUNA, with BNB's market cap, would be priced around $170. Outside of TA and price spec this asset/network is flush with features and apps that many of it's layer one competitors have failed to check off the list including: 1. UST - The only major USD stable coin that is decentralized and not back by cash and commercial paper (USDT, and USDC are) and has continued to be added to major exchanges and adopted by other chains. 2. Anchor protocol (ANC) - Offering a staggering 19.5% for UST blows competitors out of the water as far as stable coin yield % is concerned. The same protocol/app allows you do deposit bonded LUNA (bLUNA) and bonded eth (bETH) and borrow from them. 3. Mirror protocol (MIR) - First of its kind, mirror protocol allows you to get exposure to traditional finance equities like ALPHABET, AMAZON, and MICROSOFT. And commodities exposure through mirrored assets that track USO (United States Oil Fund), SLV (ishares silver trust), IAU (ishares gold trust). To boot, all of these can be combined with an equal amount (in $ value) of UST and farmed on mirror protocol to earn MIR, or they can be borrowed from. 4. A handful of other earn/borrow decentralized apps like Valkyrie Protocol, Pylon Protocol, Mars Protocol, Orion Money, and PRISM) 5. TERRA has now become the 2nd largest, behind ETH, for TVL (total value locked) 6. NFTs (randomearth.io, KNOWEHERE, OnePlanet, Messier Art) and NFT gaming (levana, deviants factions) 7. Astroport and Terraswap - Next gen Automated market makers 8. StarTerra- Gamified Launchpad 9. Glow Lotto- a no lose savings/lottery platform where your deposit for entry is never lost 10. TNS - Terra Name Service, inspired by ens.domains I have yield-farmed and/or single staked on Binance smart chain, Avalanche, Polygon, Fantom, Solana, Cronos, and Harmony One. By far, my experience in the Terra ecosystem has been the best, without question. Maybe there are some other features I have left out, if you think I have leave some feedback. This is of course my opinion, but I do believe that this asset will jump BNB and become a top 3 crypto. The technical analysis looks good, the network looks good, the value added features look good. I cannot really come up with any rise why LUNA doesn't have ample upside. These are just my thoughts and opinions based on a decade plus experience in crypto-land. It is not meant to be financial advice. Please DYOR and trade at your own risk. Signing off for now, CryptoSlayer
Long
by CryptoSlayerFX
2
Terra Price Analysis — March 28LUNA has reclaimed the $95 axis following a sharp correction to the $90 last week. The rebound helped outline a clear trend in the market, as the broader market recorded some impressive gains. That said, the ninth-largest cryptocurrency is well on track to re-emerge above the $100 mark in the coming days, considering the prevailing trading sentiments in the broader market. On the flip side, though, bearish retraces will likely be repelled by the $91 - $90 support zone, where my 4-hour 100 EMA rests. Meanwhile, my resistance levels are $96.00, $100.00, and $105.00, and my support levels are $90.00, $86.00, and $80.00. Total Market Capitalization: $2.15 trillion Terra Market Capitalization: $33.8 billion Terra Dominance: 1.57% Market Rank: #9
Long
by Mr_Wogbe_Alex
Daily Luna Update 3/27Luna gathered up the gumption to retest the $91 s/r yesterday after the decisive break to the downside on 3/25 but just couldn't hold it. Last few attempts showed declining volume and it looks like we're riding the wave back down currently. Big bearish candle after second failed breakout (red arrow.) Not quite "engulfing" but it certainly makes a statement. Looks like short term we're riding a channel. I use these as a weak indicator. Breakouts with a decisive close suggest a change in trend, but other factors such as overall trend movement and historic horizontal support/resistances carry a lot more weight for me. On this short term chart, MACD did flip positive yesterday but is trending back down. RSI crept up to just below 50 and is also swinging back down. Overall forecast remains the same. I think we could dance around in this zone a bit longer but if/when we break below 87 it could be a fairly dramatic move down since volumes this year are relatively thin in the 50-87 range so we might have trouble finding a new support level in there. In terms of big picture trends, we still haven't triggered any major indicators on the 3d chart but we're getting close: Watching for RSI < 50, negative MACD histo, and a drop below the 18 SMA. All are trending in a negative direction. Lastly, bollinger bands (12 day) are getting pretty tight which can be indicative of a big move coming. Nothing is written in stone yet but the failed retest of 91 with overall trends looking the way they do makes me think we're going down before up.
LShort
by kmacman