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Terra

Luna Fair Parabolic PriceHello everyone, Beautiful isn't it. This chart was done somewhere during July to August and has been just used to chart the nice parabolic action ever since. There are no words needed, we trade the chart, the prices tell us what to do. This is LUNA, an apex asset like never before, UST minting and adoption, together with Luna burning, buying and staking, is what is leading it to its current price. Like I mentioned before, I used the chart mainly to track parabolic growth, and LUNA is finally in gear and shape. Right now we are in the 2nd Standard Deviation Channel of the parabolic movement. Technically the red center line would represent fair price of LUNA (in my opinion), and for now we are at the upper range/resistance of the 2nd SD channel. It would be good to see LUNA breakout to the 3rd SD channel and then you could buy on a retest. Targets 84 as a retest play of the 2nd SD range channel with a target of ATH or 100 78-83 as an add zone (Retest of old ATH, resistance to support) 68-70 as a buying off the rebound of the 1st SD range which is a strong support (albeit broken in the choppiness in the past month) I would see 68-70 as the most opportune buy, probably due to market condition and fear and capitulation due to an expected closure of positions on 29th-30th December by portfolios big and small to restart the new year fresh + it is also in line with the astrology signs (I'm not a believer, I attribute the PA to institutional positioning that happens on the same day and its for you all who follow and believe) Upside UST pairing just listed on Huobi and Binance with Astroport going live + Mars going live end Jan. Cosmos and Evmos, MIM along with Rune mainnet launch are 2 networks which could get UST minter to print. This might trigger the rouge white swan and send it to 120-150 depending on the burn amount. Twitter matching Eth 2017 and Luna 2021 action puts LUNA end TP at 350-500 for this cycle. Hope this helps your trading plan especially for the month ahead in DCA-ing, and the longer term vision. Merry Christmas!
Long
by Zyale
3
LUNA Bullish formations emerging. 2022 outlook.I have posted a LUNAUSD analysis earlier this month (Dec 02) but due to the latest market volatility, it is a good time to update it: As you see that pattern above played out almost exactly as planned as the price initially broke out then pulled-back to the 1.0 Fib and rallied strongly above $100.00 up until the last few days. The obvious dominant pattern is the (green) Channel Up, which currently uses the 1D MA50 (blue trend-line) - 1D MA100 (green trend-line) zone as its Support. However I see the potential for a diverging Channel Up (black lines) if LUNA finds support around the current levels today or tomorrow. The main reason for this emergence is the 1D CCI indicator which being on a Double Top (red arrows) while supported on Higher Lows, resembles the diverging Channels of June - July 2021 and November - December 2020, both of which initiated strong rallies once the broke upwards. As shown on the chart, Terra targets the +0.5 Fibonacci intervals and when it breaks them, it later tests them as Supports. The 1.5 Fib extension has already been tested as Support so the next target is technically the 2.0 Fib ext (roughly $148.00) followed by the 2.5 (roughly $373.00). My thesis is that it is not late to invest in LUNA. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
LLong
by TradingShot
13
LUNA Terra: 4H Chart UpdateHello friends, today you can review the technical analysis idea on a 4H linear scale chart for Terra (LUNAUSD). The chart is self-explanatory. Terra price has been moving up an Arc trend line and has been moving parabolic recently. If the price falls, it may go back down to the 0.382 Fibonacci Retracement area which is in confluence with the major Support and Resistance Line. Volume is healthy currently. In the related ideas below I discuss the Total Crypto Market Cap and Bitcoin trendlines, EMA Ribbons and 200 SMA. Please review those as well. 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
4
Luna Terra short and long term analysisBINANCE:LUNAUSDT Hello Traders, Luna has been trading in ascending channel for the last month. It has been trading within the rising channel starting from late November making higher high and higher lows and finally broke out of the channel by making 15% pullback (correction) started a new rising channel within few days. Prices are pushed up with strong volume and RSI and Luna started to make new higher highs (new ATH) and higher lows within this new rising channel and finally broke out of the channel 27 December. We could see a 10-15% pullback before entering new ascending channel which I believe will lead to new higher highs and higher lows. There is strong resistance level at $100, if the price will break this point with nice volume then we could see new ATH. I believe $78-$82 could be a nice zone for long setups. My pirce targets for Luna in short run (4-5 days) $78-$82 My pirce targets for Luna in long run (15-30 days) $105-$120 Overall I am bullish on Luna and will post an update if I see any reversal signs. Good luck and trade smart! (not a financial advice) Please like and share if you like my idea.
Long
by faridisayev
72
After a great fall and come with a great hikeHave been following and even trade with bitcoin in 2021. And this is really a great experience. It is more than just stock or forex which you have no idea why it is going up and why it is going down when it move. You will be spoon feed with news later. So call "Buy on rumors and sell at news, wise versa" this is true. However, rumors are really named as rumors for certain reason. Ending the 2021 with a giant up trend channel which is usual for bitcoin. Noting is small gain in this world which we have to take it or leave it. Learning to hold or stake stable coins is my next move and already doing that with terra network under the Anchor platform. Just message me for URL if you are interested. However, this market remain hot and interesting due to a lot of young active energetic moneys are involved. You can check up the tik tok to prove me wrong. Merry Christmas and Happy 2022. Covid with the Omicron had sunk the markets for a bit however, once the report is optimistic, bitcoin take no waiting and recover. This is really scary. No body able to predict with the graph. It suppose to take a rest at 40k isnt it, however, it does not happen. -It do behave like these, it know what all think and react the other way. Playing cat and mouse game. Regard silver.
BITMEX:XBT
by silvermerlion
A little help please..will Luna history repeat itself?Im still an amateur when it comes to TA unfortunately, so I wanted to ask you guys and girls what you think? After LUNA reached ATH of 78$ it made a mild correction, two new attempts on ATH and then a slightly steeper correction. So far, after reaching new ATH of 98$ it seems to make the same move (purple rectangle). You think the green rectangle will repeat itself too, with a correction to Fib. 0.236? Thanks a lot for your input!
L
by cryptothyroid
1
LUNA need some rest Before new highsthe LUNA Price Momentum is very Bullish (Still!) However, there is a slight divergence and it seems that some people have sold their LUNA and are waiting for a price correction It is also at the top of its ascending channel, and a correction can increase its power for subsequent ascents But I don't think it will drop much and it might just be Sideway for a while and form the Flag pattern .. Dear Friends, It would be nice to show your support by liking BTW Follow me (if u liked :)
Short
by CryptoSideway
3
Luna OB it will make cypto economic bubTerra’s stablecoins are algorithmic stablecoins, meaning that the protocol is designed to achieve price stability by using algorithms. For instance, the value of UST is equivalent to US$1 and should remain stable thanks to the LUNA token. When UST drops below US$1, LUNA supplements the UST supply to help it maintain its peg to the dollar. Users who want to mint Terra stablecoins need to burn the dollar-equivalent amount of LUNA. A small portion of LUNA tokens used to mint stablecoins — also known as seigniorage — is sent to the community treasury, which makes minting stablecoins profitable for the network. It’s a process similar to the seigniorage from which central banks profit when they print money. Luna went 22$ than 3$ in few day ,The system have been fixed some mechanic but the government of this coin will print money too much with ust and luna that may crash cypto market but nobody know the idea is good but need time to watch closely. Day,week too much ob and upper band if they gonna make strong basis will much price around 60-70 first
Short
by cryptosexies
9
Terra (LUNA Just hit moona!)Hey Hey What's up fellas long time no pump eh? Bear market coming!? then you must think twice about your portfolio we just made 70000% profit with only Terra so its time to talk about this gem, Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements.Development on Terra began in January 2018, and its mainnet officially launched in April 2019. As of September 2021, it offers stablecoins pegged to the U.S. dollar, South Korean won, Mongolian tugrik and the International Monetary Fund's Special Drawing Rights basket of currencies — and it intends to roll out additional options.Terra's native token, LUNA, is used to stabilize the price of the protocol's stablecoins. LUNA holders are also able to submit and vote on governance proposals, giving it the functionality of a governance token plus they are rich enough to go to moona as well! congrats to 30 billion dollar marketcap got pump?
Long
by amirsediq
8