LUNAUSDT.PS trade ideas
LUNA - Hold!!!Dear my friedns,
A few weeks ago, Luna created a bullish signal by breaking out of the downtrend on the weekly frame. And recently, Luna escaped from the confinement box with a very impressive marubozu. It's hard to talk about this coin. It was thought to be dead, but now it seems to have begun its revival with two spectacular breakthroughs. I will bet 100x target on this coin with 1% of my assets and start holding it from now on.
Best Regards,
Terra (LUNA) Chain Reborn from the AshesTerraform Labs, developer of the Terra (LUNA) blockchain, announced the acquisition of cross-chain portfolio management and analytics startup Pulsar Finance. This announcement comes amid ongoing legal disputes between Terraform Labs and its founders.
The cryptocurrency developer has been dogged by legal issues since the collapse of algorithmic stablecoin TerraUSD, a key element of the Terra blockchain, in May last year. The United States Securities and Exchange Commission (SEC) filed a lawsuit against Terraform in February, alleging that it sold unregistered crypto asset securities and defrauded investors.
Amani said in a written statement that the acquisition of Pulsar provides immediate support to the company, allowing it to quickly bring cross-chain applications to market. “Acquiring Pulsar not only enriches our technology stack, but also adds an incredibly talented team led by three innovative entrepreneurs with a proven track record of building and launching successful applications,” said Amani.
BTC Breakpoint Alert! ⚠️ Watch for the Dip and Rise. Time to Tra🚀 **Crypto Update! 🌙📈**
$LUNA2/USDT is on the rise, offering potential for scalping gains. Meanwhile, keep an eye on BTC! If it breaks below 35,000, a dip might be in the cards, possibly followed by an upward trend between 1:45 AM to 3:45 AM Pakistan time. Exercise caution, manage your risk, and trade with care. Embrace the Bitxer analysis experience and enjoy the journey! 📊💹 #CryptoInsights #TradeSmart
Moon will back to the moonLuna pump with 100% profit last night, and stop at resistance.
in this chart, I will try to explain what happen at luna.
Rising wedge pattern
last night movement stopped at previous resistance trendline and create a big rising wedge pattern .
If luna pullback, rising wedge support can be a new higher low before continue bullish with 68% profit range .
Resistance Line
0.9696 will be next strong resistance, this resistance are next bullish target
Classic support (CSR)
0.5866 are previous resistance and became new support . this point will hold bearish movement
FIbonacci Pattern
0.5843 Classic support are also fibonacci 0.618 support , target from this area at fibonacci 1.272, and this level are same as resistance line. And if this resistance break up , we will see this moon back to the moon .
Don't forget to support this analysis,
If you have any question, do not hesitate to contact me
Your support at this analysis will also support Luna to reach bullish target
Click here to check my other analysis
LUNAUSDTLUNA is trading under declining trendline and now creating a local support in the form of minor range. as the price action indicating the pause in sell pressure.
If the bulls become able to break the range and declining trendline , it will be fine buy setup.
One can trade it with buy stop on the breakout of range and declining trendline.
If the breakout sustains the next target could be 0.4590
LUNA/USDT upward momentum? 👀 🚀 LUNA today analysis
💎Paradisers, set your sights on LUNAUSDT! We've observed it positioning itself within a demand zone, hinting at an impending bullish surge.
💎 LUNAUSDT has been diligently tracing a descending trendline and now stands tantalizingly close to a breakout. Should the price ascend beyond this trendline, it could ignite bullish momentum. Its current stance within the demand zone bolsters the case for a bullish outlook.
💎 Additionally, there's potential for a bullish pivot around the .3731 mark. However, be cautious: a descent below this level might usher in a notable bearish phase.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insight