🆓Terra/USDT Analysis (8/4) #LUNA $LUNALUNA is very weak now, so if it couldn't conquer the 16$ zone, it will keep moving down to 12$ zone.
📈BUY
-Buy: 11.7-12.3$. SL B
-Buy: 15.6-16.4$ if A. SL B
📉SELL
-Sell: 15.6-16.4$. SL A
-Sell: 19.5-20.5$. SL A
♻️BACK-UP
-Sell: 11.7-12.3$ if B. SL A
-Buy: 7.8-8.2$. SL B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
Terra
Terra (LUNA) - April 6Hello?
Dear traders, nice to meet you.
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You should watch for any movement that deviates from the 16.522584223-18.97254974 section.
If you drop at 16.522584223, you need to make sure you get support in the 14.71263639-16.522584223 range.
If you move down at 14.71263639, you need a short stop loss.
In the CCI-RC indicator, it remains to be seen if the CCI line can turn into an uptrend.
If the CCI line touches 100 points, there may be volatility, so careful trading is necessary.
The next volatility period is around April 10th.
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(LUNABTC 1D chart)
We have to see if we can get support and climb at 0.00029107.
If it falls, you need to make sure you get support in the 0.00026083-0.00029107 range.
If you fall from the 0.00026083 point, you need a short stop loss.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
LUNA wants to get out of Trading Rangehi
It seems that if the price stabilizes above 19, it will leave the trading range and will have an upward trend.
Terra (LUNABTC) – Coin of the WeekTerra is a blockchain protocol that powers price-stable global payment processes with fiat-pegged stablecoins. Terra, according to its white paper, blends the market stability and widespread acceptance of fiat currencies with the censorship resistance of Bitcoin (BTC) to provide fast and cheap settlements. The native token of Terra, LUNA, is used to keep the price of the protocol's stablecoins constant. LUNA holders may also request governance amendments and vote on them. Terra’s price is $18.53 USD with a trading volume of $183 million in the last 24h. It has a market capitalization of $7billion and a circulating supply of 387 million LUNA coins.
Technically, LUNA started an uptrend from December 2020. It had several corrections along the way and now it’s making a consolidation for at least one more move up to break the 0,00035410 BTC per LUNA. After that we must study the price action and figure out if it is going to go all the way to reach and break the resistance area marked on the chart or reverse to make a deeper pullback.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
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LUNAUSD HEAD & SHOULDERSLUNAUSD is showing a head and shoulders pattern. Resistances and supports are given in the graph. We have to wait for the breakout for any processes. Not a financial advice.
Terra (LUNA) - March 27Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a nice day.
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It remains to be seen if there is any movement deviating from the 16.5044-21.9109 range due to volatility around March 29th.
In particular, it remains to be seen if it can rise above the 18.9211 point.
If you decline in the 14.7022-16.5044 range, you need a short stop loss.
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(LUNABTC 1D chart)
It remains to be seen if it can rise above the 35702 Satoshi point along the uptrend line.
If it falls in the 26083 Satoshi-29107 Satoshi section, a short stop loss is required.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
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$LUNA/USDT 15m (Binance Futures) Rising wedge near breakdownTerra had a crazy uptrend and is locally retracing down, I believe it could last some more days.
It is now forming a rising wedge which could break bearish in case of rejection on 100EMA and TL retest!
Current Price= 18.2512
Sell Entry= 18.3351 - 18.5555
Take Profit= 17.7800 | 17.3745 | 16.7006
Stop Loss= 19.0020
Risk/Reward= 1:1.2 | 1:1.92 | 1:3.13
Expected Profit= +18.05% | +29.05% | +47.30%
Possible Loss= -15.10%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 5x
Estimated Gain-time= 2 days
LUNA (TERRA) with incredible potential for recovery! OptimisticTechnical analysis regarding the price of TERRA in relation of dollar Tether for the next scenarios, based on 4 hour movement.
Price moving in this strong upward trend, making ascending tops / bottoms. I believe he has already made his correction and is now proceeding with his thrust kick.
MACD gaining buying mass, causing the price to be boosted up! Also, the financial volume is coming in considerably.
Exponential Moving Average of 34 periods rising and taking a parallel distance from 89 periods.
Bollinger bands expanding, showing that price / crypto volatility is increasing. I strongly believe that the price will seek the projected targets.
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. ***
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