Luna needs a correction and its happening SHORTAfter rising 80% from it's Jan 30 2022 low Luna has lost steam.
I believe that leveraged long positions are now taking profits.
I have highlighted the MACD index where the signal line has crossed over the MACD line (red over blue=bearish)
This is an 8 hour chart which makes the indicators even stronger.
I love this asset and what the Terra Ecosystem is doing but a correction is in order.
Look for the price to find support around the 20 VWMA (volume weighted moving average) which would be around $64-$67. Unless there are any unforeseen non technical events in which we could see the asset drop even lower, or possible shoot higher.
I am bullish long term on this asset, the laws of TA say this one needs a healthy correction.
Also, if you follow the vertical line down to the RSI index you will see that LUNA is way overbought right now and on pace to touch the sell signal which makes this an even stronger case.
Check below for some of my other ideas.
Terra
$LUNA Next 5 Weeks - Massive Double Top$LUNA previously retraced -60% from ATH in 5 weeks.
In next 5 weeks, will it remain in the rather symmetrical triangle w/ "minimal" retracement?
Retrace to bottom at -45%?
Knock out the bottom to mirror previous -60%?
Or full on correction @ -90%?
OR continue to new ATH?
TERRA 1D TA : 03.10.22 $LUNA: +100% ✅☑️ All Targets Reached 🚀🚀🚀
☑️ Results so far : +100% ✅ ✅✅
⚠️ All Traders can close their position and TAKE THE PROFIT ⚠️
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 10.MAR.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
CHILIZ Daily TA : 03.10.22 : $CHZLet's take a look at some of the high-potential cryptocurrencies in the market for investment, as you can see all the supports, resistances, targets, etc. are marked on the chart. Pay special attention to the specified levels that i mentioned in the chart . I think everything is obvious in the chart , but just in case if you had any questions pls feel free to ask .
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 10.MAR.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Terra (LUNA)Hallo
What's up fam?
As crypto traders, we all need to rest and take care of our lovely families and ourselves plus we all need some dips and any reason can cause that so don't scare and don't panic. The last time I sent LUNA signal wen it was 79 and here we are now at 100 with 37 Billion dollars Mc. All I want from my followers is to just think about this market and its insane potential, as an individual, you can win this market and make yourself free forever
money can buy your time which is the most important commodity in the world.
Tschüss
Terra Analyze (Short Term + Triple Zigzag Correction)!!!First, I suggest you read my last post about Terra , Topic: Terra Analyze (Road Map) !!!🗺️: 👇https://www.tradingview.com/chart/LUNAUSDT/n3BgTamH-Terra-Analyze-Road-Map/
Terra Analyze ( LUNAUSDT ) Timeframe 30MIN⏰
Terra finished its microwave 3 of microwave wave 5 of main wave 5 at 96.63$ , and then it started microwave 4 of microwave 5 of main wave 5 . The structure of microwave 4 of microwave 5 of main wave 5 is Triple Zigzag Correction while it was able to complete microwaves W-X-Y-X .
Where is the end of microwave 4 of microwave 5 of main wave 5 ❗️❓ OR where is the end of Triple Zigzag Correction ❗️❓
🎯 Target 🎯: 78.14$ until 77.08$ ( Cluster of Fib +Monthly Pivot Point ) at my TRZ ( Time Reversal Zone ).
❗️ Note ❗️: When Terra breaks the Important Resistance Line then we can verify the end of Triple Zigzag Correction.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
PRICE PROJECTION WITH TARGETS - DAILY LUNAUSDTTechnical analysis regarding the price of TERRA in relation of dollar Tether for the next scenarios, based on daily movement.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
LUNABTC Rising Wedge aiming higher. Terra favored over Bitcoin.LUNA (Terra) has been the biggest high cap winner of last month and took many by surprise. This LUNABTC chart on the 1D time-frame shows how LUNA is gaining against Bitcoin.
Actually it has been gaining since January 2021, when the pair's 1D MA200 (orange trend-line) broke to the upside and was turned into a Support. This Support has been holding until today and the reason for the sustainable rise is the formation of a Rising Wedge pattern. The LMACD provides perhaps the best indication that a Top is coming, being on Lower Highs, with the 1st High being the Higher High of the LUNABTC pair and the 2nd being the Top. This has been consistent for a whole year, having been formed on 3 occasions.
Every Top on the Rising Wedge has been formed around the 2.0 Fibonacci extension. As long as the pattern holds, that 2.0 Fib ext is at 0.00400, meaning that LUNA will continue to be favored over BTC. If that coincides with a Lower High on the LMACD, then you have your top.
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Will Terra (LUNA) reach 100$?Greeting from IRAN to whole trading community ✔❤
Straight to the point Luna has broken its major Downtrend and started a bullish run to its (all time high) ATH !!!!!
If Luna broke 100$ scan for approval to jump into BUULISH wave to the new ATH 🚀
Keep it in watchlist and this post will update ...
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KEEP IT SIMPLE :)
Wish peace ☮🙏
Terra (LUNA) Sell ZoneTerra (LUNA) Sell Zone
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BIAS
Mid-Term : Neutral
Long-Term : Neutral
Risk : High
On 4 hours timeframe its formed the bearish pattern where it hits the mid-term resistance zone at $97 which shows the possible reversal zone.
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$LUNA/USDT SHORT SETUP
Leverage : x3 - x5
Entry Price : 92.25 - 96
TP 1 : 89.25
TP 2 : 86.5
TP 3 : 84.5
TP 4 : 82.2
TP 5 : 79.9
TP 6 : 76.6
TP 7 : 74.7
TP 8 : 72.5
Stop Loss : 103.75
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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$Harmony Result : +44% ✅ #ONEUSDTAs you can see the price after reaching and returning to The Bullish Order Blocks reacted positively and increase more than 44% . the Next targets are $ 0.183 and $ 0.207 .
All the supports and resistances are marked on the chart and everything is clear in this analysis , but , just in case , if you had any questions or doubts Please feel free to ask in the Comment section .
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅01.March.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
LUNA Result : +80% ✅ As you can see the price all of its targets and brought us +80% profit for now ...⚠️ You can close your entire position ⚠️
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅01.March.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
LUNAUSD is at its very best now and targeting $130.00 mid-termTerra is having a very impressive 1 week bullish streak, rising more than +80% since February 20. The price action since December 2021 is very similar with that of March - July 2021. This time it is the 1D MA200 (orange trend-line) supporting, while in March - July it was the 1W MA50 (red trend-line). Even the RSI on the two was a Falling Wedge pattern.
In August 19 2021, LUNAUSD reached the 1.236 Fibonacci extension initially before in a time-span of 3 months it slowly hit the 1.382 and the 1.5 Fib extensions successively. Currently the 1.236 Fib ext is exactly at $130.00 and that stands out as a realistic medium-term target for buyers.
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LUNA POSSIBLE SHORT WATCH OUTLUNA Technical Analysis.
Daily TF:
Strong bearish divergences, trendline confluences & strong fib levels, strong resistance.
Reclaim of the horizontal trendline or a closure above $89 is an invalidation of this setup, however, in order for this full setup to play out hiding your SL above $94 would be a better deal, 1.14 fib level..
Good R:R but might take days to play out.
Bitcoin 4H Analysis ( Update)🟢Bitcoin unable to give any closing above 39,400$. Moreover, the price was rejected from this and fell below the support. Now, the next support is around $36,650 which needs to be respected otherwise we gonna see an aggressive fall to $34,350 or below.
🤵🏻 Analyzed By: AmirHossein
📅 02.28.2022
⚠️ (DYOR)
LUNA back in bullish trading channelHere we look at a possible 3 week trading range for LUNA.
Trading the short term can be very tricky because we have Kujira’s buyback function for liq bLUNA always ready, major cascadations are usually due to leveraged borrowers being wiped on Anchor protocol, and UST minting causing reduction of LUNA supply. In the long term, my bias for LUNA is always bullish.
Currently, LUNA has just broken out of an Ascending Triangle price pattern (to find out more on this pattern you can use the following link learn.bybit.com), and went on to retest it. It then got rejected from the supply zone and is trading at the price of 55.8 at the time of writing.
Trading plan - 3 scenarios
Very bullish - 25%
You would want to buy at current prices in hopes of a cup and handle forming, which would send the price between 61-66, coinciding with the upper resistance of the old trading channel, as well as a old accumulation level. Any rejection from 61, you would be looking to catch LUNA near the old resistance line (~$53.8) which presents LUNA at a 10-15% discount. If LUNA breaks through to 67, you may choose to reaccumulate some at the old supply zone at 58-60 for a higher move upwards at the supply zone of 78-83. Why I see this as a possible scenario is the fact that we have been having decreasing volume over time, and decreased selling volume. This means any spike in volume could send LUNA surging upwards towards overhead targets (expecting this from major announcements in Terra ecosystem MARS and {redacted}). TLDR: overhead targets from current price are $61, 66, 78, then near ATHs at 98-102, buy in at old support lines or on retest of old supply zones
Conservative bullish - 50%
We have very nervous markets which react quickly to BTC and possibly NASDAQ/SPX futures. Am expecting a downwards move towards 49.74 where many bids (round number 50) would be filled, then expecting a bounce between supply zone and bottom of the old trading channel which may become active in supporting prices again. Once the price breaks through the old supply zone, we can retest the upper resistance of the trading channel it is in (~$67) as well as the old supply zone to see if it holds as support now. TLDR: Buy any failed retest of support of old trading channel (~$49-52) with a target of $61, 67, then 78
Bearish - 25%
Still a scenario which might be played out as retail interest is not fully manifested yet or institutions which did their DD on SOLUNAVAX are not yet able to fully fill their order books. LUNA could be shorted downwards to 50, have a relief rally towards old R/S line $53.8, before it gets rejected again. We can then rely on the bearish trendline to short the touches. Lower targets are the recent support of $44 and then $38 upon lost of psychological support at $40
Hope this helps everyone in their trading thesis for LUNA. Hopefully just like other CEXes, www.bybit.com will have UST pairs soon for those who prefer trading with UST
luna/usdtluna looks to have completed a sub-wave 4 of the final fifth wave
looks to have one final leg to go in the larger count before it is completed.
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Luna/Usdt is a spot buy here
Stop loss is around $45
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target is at $217
likely goes out through april\may
ps. if stopped out, next area to attempt would be at $31
Terra Luna Coin Token Technical AnalysisLuna is hot right now. I want to cover some potential trade strategies, entry areas, and sell targets.