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LUNA2 / TetherUS PERPETUAL CONTRACT

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LUNA2USDT.P trade ideas

LUNAUSD Part 1: Potential to Eventually Run to Proximity of $35Hi Everyone! It may take a few days but we may have potential to eventually run up to approximately $35 to $40 over several days. However, we need the Red Line and Blue Line to begin rising above Level 50 in the entire Short Term Group of time frames (30-min. 60-min. 90-min. 2-hr. 3-hr. 4-hr. 6-hr. and 8-hr.). I will follow up with Part 2 video; I ran out of time... That video will be about trading this rather than analytics. Happy Trading and Stay Awesome! David
by WyckoffMode
5
LUNA Analysis - Next Target $6?Hello Traders... I'm gonna keep this short and sweet. I am no longer a fan of LUNA, if you saw my last BTC post you'll know that I lost nearly 30% of my portfolio overnight. Either way I will try to remain objective on this analysis. However truth is in this type of situation, there's really no way of knowing what the heck price will do... But there are really 2 possible scenarios at the moment. 1) Bearish (Highest Probability) LUNA tags the next major support level at $6 before finally reversing. 2) Bullish (Lower Probability) LUNA reverses from here and fist target resistance at $23, then up to $37. Heck for all we know LUNA could just keep going down and could hit $1, theres really no way of knowing at this point. - But taking TA into consideration and most importantly momentum, I think it's possible LUNA hits $6 before reversing. Keep in mind LUNA has lost all trust with the majority of it's customers, me included and also large investment firms. - Personally I've never seen something like this before with such a large marketcap crypto so it's very hard to predict what could happen. This event could possibly even kill the project altogether if Do Kwon doesn't come up with a solution quick. **Now I want to say, when LUNA finally bottoms I wouldn't be surprised if it got a massive pump. The problem is that we have no clue what the bottom is. People might think "well if it's $6 the risk is low, I mean how much lower could it go?!" - To that I say if you bought at $6 and it goes to $3, you just lost 50%. So you can just as easily lose money buying in at $6 as people who bought in a couple days ago at $60. That's it for this analysis, best of luck to anyone who lost money in LUNA. I know lots of peoples savings were drained so hang in there.
by natef1
6
Wait for itThis signal will be very short as it's very late in my timezone. First of all, maybe buying tons of BTC strenghtened UST but definitely didn't help LUNA. Secondly, you can see this old ascending channel I had on LUNA, it's still valid, I just added a new support which should work according with VLPR and that volume peak you see there in the chart. Now we can expect two outcomes: 1) if next daily candle will have an higher or similar volume and will keep going down it will mean that selling pressure keeps being high ==> support will break and we'll head toward 57 USDT area; 2) if daily candle will will have a lower volume, we'll likely have to expect a reversal, even though it could be a little one If we touch the channel bottom (57) wait to buy because if BTC goes below 30K we'll likely see again LUNA at lower prices. Good luck!
by Shotokhan
4
LUNA - Outlook ✅Let's see how LUNA is behaving. This is a 1D chart. (Long Term) LUNA also broke two resistance areas and landed on support. There are two possible scenarios: either the price will pull back and hit resistance or pass the support area and go lower. Two resistance areas are pushing down on price, and this support level will only hold while Bitcoin is going sideways. Once BTC drops, LUNA will drop as well. The RSI shows that LUNA is below the 50 levels, the center. If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings: Current Market Price: $30.60 Let me know your ideas. Good luck.
by ShawnMCR
1