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Terra

LUNA offers 60% upside and 50% downsideHear me out. LUNA is at an inflection point and with the crypto market not showing any signs of strength right now, it's hard to be a bull. One must be open to 2 opposing scenarios and have a plan for both directions. The Bull case: - LUNA is holding its 200 day MA. - We have a nice 5 wave pattern on the downside. - We've made a 786 retracement (and more) off the move from $35 to the ATH. - Upcoming MACD crossover on the Daily - RSI oversold on the Daily - Willy oversold on the Daily - Even if you are a Bear (I am a Bear), a relief rally based on pure technicals is most likely. The Bear case: - BTC has room for downside - it can still go as low as 20k support which many are calling for. - LUNA has had FUD news as of late (I tend to be a chart purist but you can't ignore this one) - there are some major concerns around the staking and returns for LUNA / TERRA in the down market. This could lead to a panic selloff. - We haven't quite touched the 618 retracement, and the chart leaves much room to what would be a major support level around $22. - The 786 retracement lines up with the $22 range noted. - The 1.618 extension of the bear move from the top lines up on top of that 786 retracement. One cannot ignore confluence. My hypothesis: - We have a chance to rally to $90, before correcting all the way to $22. Be very careful out there!! What am I doing?: - I've entered a LUNA long, which I already sold and made profit on, and I'm currently filling up another LUNA long. STOP IS TIGHT! Just under the recent low below $46.50. I am trading on margin so cannot afford to put my stop below the low of $43. That's just personal discretion and being willing to re assess if I should re-enter if the stop hits. Taking profits earlier helps me a lot if a stop hits to minimize or even eliminate my downside risk.
Long
by Shadowfigure
🆓Terra (LUNA) Jan-29 #LUNA $LUNA LUNA has dropped strongly from the top of $100 and buying power has appeared as it approaches the $45 and $50 zones. We were able to start accumulating for a recovery to the $80 zone in the near term. 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 45$ zone 🔴Buy : 50 - 45 🔴Sell : 65 - 80 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 45$ zone 🔵Sell : 45 🔵Buy : 40 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation
5
LUNA Terra: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Terra (LUNAUSD). The chart is self-explanatory. Terra price has been moving down after forming a Head & Shoulders Pattern and failing the retest. The price is sitting at the multi-month Support and Resistance line. RSI and MFI are around the oversold region so there may be a price move up, but the trend still seems heading down. Included in the chart: Trend line, Support and Resistance Lines, RSI, MFI (Money Flow Index), Head and Shoulders Pattern, Ichimoku Cloud. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
L
by MillionaireEconomics
9
LUNAUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. The price has a resistance line R2 which has kept the price down. It has also created another resistance line R1 which has not let the price go up as well. There are two support lines S1 and S2. You can see that yesterday’s candle was closed with a long shadow at the S1 line. It can go up to the R1 line and if R1 is also broken, it will see higher prices. The market needs to be neutral so that it will break the R1 line. It is not a critical condition yet therefore there is the chance for the price to go up from here. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
Luna retracement but still parabolicWe hit 10b, next stop 100b UST mcap tq DoKwon. Fundamentals intact, OZONE out. Mars Nebula in sight. Near year new targets, we await Fed fud to subside + web 2 onboard + injection of funds into outperformers + potential rotation back into Luna within 3 weeks I think many people think I was nuts to point out range retracement because "up only". Remember I only present where I think are good adds, the chart is not your ordinary chart either because 1) Luna is extraordinary and 2) charting parabolic movement accurately captures the essence of Luna's valuation (albeit 'overvalued') If doomsday plays out and we nuke, expected a fallout from the entire channel to retest older less bullish channel, which would prove good accumulation for whales/institutions better on Terra Defi and LT hodlers. Ideal place to hold strength and reset indicators to oversold or bullish divergence. This confirms Terra and UST's parabolic adoption. A retest of the bottom of 2nd Standard Deviation Range would be ideal for your trade Targets: any bullish reconfirmation and reclaim of 2nd channel = trend towards mid range (fair parabolic price) good to play the chop here and see retest if we can break through this supposed old support turned resistance. Readding on retest of this zone after it shoots out on volume to 85-90 range would be ideal Trade safe moon fam.
Long
by Zyale
A Technical Reason to be out of LunaHi Traders, Back in August-September 2020, Terra (LUNA) experienced an Ascending Head and Shoulders patten which resulted in the price falling back to the trough of the first shoulder. This didn't matter because then Luna rallied beyond peoples expectations right after. However, this is important because we are experiencing a very similar pattern at the moment. Now from the looks of it, the fractal and target of the ah&s pattern looks like we will probably fall to $52 per Luna by Feburary 1st. This would be a great buying opportunity howver in the immediate short term.. if LUNA manages to break support, I think a 3x short isn't a bad move! Anyways, hope this helped. Safe trading, -Pulkanator
Short
by Pulkanatir
5
Terra (LUNA) correction after new ATH...Terra (LUNA) correction after new ATH... ... perfectly played out as proposed on December 23th. ... look how perfect the price interacted at the proposed volume levels. On the daily chart LUNA has to break the volume resistance and FIB golden pocket. What do you think? 😎 Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison. *not financial advice do your own research before investing
LLong
by Crypto4Everybody
3
Catch quick 25% up. Terra still bullish in a correcting marketThe current correction should’ve been expected after such massive moves by a lot of cryptos last year, nevertheless, the wider crypto market is still apparently in a bullish cycle. Terra bouncing off the 50 day ma. Rsi is in good support zone and the previous day is a green hammer candle which signals a possible reversal as the bulls are taking back control. Looks ready to continue it’s uptrend and retest it’s previous high. I see a possible head and shoulders pattern forming. A 25% move upwards is on the table from it’s current position @80.1usd. Tp1 - 90usd, TP2 - 100usd, TP3 - 120usd. Terra has not caved in to the pressure of the correcting market yet but it’s impossible to specify how long this uptrend continues so be very vigilant. This is not investment advice. Trade with caution and do not risk money you can’t afford to loose a percentage of.
Long
by thefitprogrammer
1