LUNA BULL TRAP ONCE AGAIN! WATCH THIS BACK TESTING & HISTORY 👇LUNA is a Smart scam as mentioned earlier many people wanted to become millionaires with this DIP or Hard crush but the truth is this was rugged very smartly where people never wants to accept the fact while they have invested heavy into this shit scam. So with my previous analysis I have clearly mentioned that LUNA2.0 will never work again. The project has broken the trust built within the community.
And here is my chart and what I see on this shit show right now. So the recent pump is for another wipe out. People are starting to gamble again and again on LUNA where many retailers are going to get trapped into this. Try your luck and throw only what you can afford to lose. Expecting another new low soon after this fake rally. Good Luck!
LUNA
📊Will crypto be banned in the U.S.? Rumors of a new crypto law!A document about the new crypto regulation in the U.S. began spreading in the social media on Monday night.
📊The document is almost 600 pages long, and here is a summary:
🔸 Compliances, DAOs, exchanges, and stablecoin providers would have to become registered entities
🔸 Security laws have been re-painted with clarity, and a host of assets have been re-classified as commodities under the CFTC.
🔸 Compliance costs are proposed to be risen. Investors might have to indirectly bear the burden of the same as exchanges would try to recover the same via higher fees
🔸Bankruptcy definitions have also been changed. Per the bill, assets deposited would get returned to users and not liquidated.
🔸Fee offsetting rules mean exchanges would have to pay the government from fees, and the same would likely escalate costs.
🔸 The proposal also gives depository institutions the right to issue stablecoins.
📈Are the crypto regulations positive or negative for the crypto market The market will be increasingly safer for the retail and institutional investor and what used to discourage will now only attract. For example, Binance has been cleared and passed all inspections in major EU countries. This will only speed up the adaptation of crypto into the normal life of a person who is not even connected with crypto. So it`s a positive.
For example, China, having banned mining and crypto, is trying to regulate and oppose new technologies. The U.S. is trying to adapt new technologies, that is why the economy of this country remains No.1 in the world, and 90% of investment funds are located there.
📈Why should we keep an eye on these trends? What the U.S. starts, eventually adapts in all countries of the world: India, Australia, Pakistan, Malaysia, EU countries, Ukraine, Nigeria and many other developed and developing countries.
The regulation of cryptocurrencies will lead to positive long-term consequences, as a large number of blockchain-based products have been created for fintech, agriculture, retail etc.
What do you think about new possible crypto regulations? Will it help the crypto to grow for the next 2-4 years? Share your ideas in the comment!
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📊LINK: does the breakout of the range could lead to the DUMP?Hi friends! Using data from the on-chain analysis you can see that large wallets accumulate LINK for the long term. What can help them to continue this? Of course the trap for the retail traders.
📊After the "good" news about the product development of the alts someone sell a lot of Link`s and retail traders buy it. the bars on the volume indicator are almost reach the level of the previous highs when the dump happen. It`s a HUGE VOLUME, so pay attention to the short scenario which i marked on the chart.
🔥How can this happen? The price break the trading renge where the key level is the top of the range. After the small pullback the price break it again and reach the closest value (resistance) area of $8.61-8.91.
📈I think that the price after the return to the trendline can break it down and reach first value (support) area of $6.96-7.13.
📈If Bitcoin also starts falling it push other alts to the support areas, so in this case Link can fall even to the second value area of $6.30-6.57.
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
🔥XRP: is a bull trap possible? Where to open a trade?Hi friends! Is a bull trap possible and where to open a trade? Which scenario should you follow? In this idea about Ripple i`ll try to answer the questions.
📈On the chart, I've marked the trend line to which the price is squeezing. After the false breakout there was no deep pullback, which is positive for the bulls. But what else should we pay attention to? The bulls accumulate long positions every time the price falls, as you can see in the volume indicator.
📊And here the main question! Do they become fuel for the price fall and sell off their XRP at a loss? As long as the market isn't in a trend, that's to be expected. Watch for a false breakout of the trend line and the volume indicator. Volumes growth will show that the bulls have accumulated a position on a trendline breakout, and on a false breakout they will sell out, which is a good opportunity for us to open a short.
✅Targets. I think that the price can reach at least $0.34-0.37 liquidity gap.
📊Also, a scenario with a squeeze under the trend line and a breakout is possible , but before that there should definitely be a bear trap with the same volume growth.
✅Targets:
0.42-0.43 - value zone, local highs
0.46-0.47 - liquidity gap, important price levels
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
LUNAUSD LONGSeeing the crash on Luna one might think it's the end of it's existence but in reality it's a great opportunity for holders as this is one of those life changing opportunities, price is currently @ $0.70 if you would wait for price to go back to $0.80 then buy you'll get price at a truly great value! see you on the other side!!!
Luna price growthIn the previous analysis (attached link) it was stated that the third downward wave will end on June 6. After the end of this wave, the upward movement of the price is expected to continue around $ 7.4 until June 9. After that, if the price can break this resistance area with force, the price on June 13 can be around $ 12, otherwise the price will fall again and on June 13 it can touch $ 4.5 again.
FTM/Fantom short signal🔥#FTM
▪️Fantom is overbought according to the RSI indicator, technically it has a chance for a pump, but if you look at bitcoin in a complex, I think you should not hope for growth in the near future.
💎Expect a decline to $0.3000 support
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ADA/Cardano for those who are catching the bottom, wait!🔥#ADA #Cardano
▪️In the near future, I expect a drop of -30%. Using only technical analysis, not only the coin itself, but also the main cryptocurrency.
💎 I think you should refrain from buying assets and wait a bit.
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LUNC 1 hr chart... not much but enough to see short termLUNC 1 hr chart...the reason for the 1hr time frame
is bc there is hardly any data on this new asset...
Strong community which is great but lets see
what we have here. Stoch RSI is pretty high
sitting above 80, so if this can cool off between
.00008559 and .00008067 and then make a move
up into the first consolidation zone, that would be a
nice bullish move. supports and price targets
are the yellow lines listed.
Bitcoin we dive, friends!🔥#BTC
💎The last bitcoin forecast was not long in coming, it immediately worked out showing growth.
▪️ Bitcoin is currently trading at $31,500. I think it is worth thinking about closing positions, since I do not expect a strong growth further, I am aiming for a fall, other sources speak about this, where you can see the accumulation of orders for a fall.
Watch the chart carefully.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
📈MATIC: will the bulls finally show their strength?Hi friends! In order to understand what will happen to the price of Polygon(MATIC) next, let's look at the history and where its fall stopped. This is the key level of the previous ATH of $0.54. The volume indicator shows that here long traders closed their trades to breakeven, and short traders, closed their trades in profit. That's why there was such a price rebound.
📊Now the price returned to the trend line, from which it had already bounced back several times. This is a good signal, it means that the bulls gain their power back.
Pay attention to the volume indicator when the price rebounds to the trend line - the volumes should increase, which will indicate that the traders' willingness to buy and to move the price higher.
✅The closest target is the liquidity gap of $0.75-0.79. Also in this area are stop-losses of short traders and take-profits of long traders, which can lead to a false breakout and price fall, so watch out for this liquidity gap.
When the scenario starts to be clear, I will make a new idea so you can open a trade in time.
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
LUNA 2 USD : LUNA IS READY TO TAKE A CRAP! IM OUT! LUNA2 looks primed and ready to dump to really low levels. This new coin was a pump and dump and nothing more. The wedge broke through to the downside and a measured move to at least $2.70 and then probably further down as new speculative investors and holders hoping for a real revival are going to dump. It will dump really fast because there aren't that many buyers on exchanges and once the fall starts its going to be nasty. I got out at $12 at the last peak, and I was waiting for confirmation to buy back in and ride the next wave up but that never happened, and chances are now that there wont be any pump. I'm taking my 200% profit and running with it on this one guys. This thing is going to disappear off the map real soon! Good luck my friends. This is not financial or trading advice, just my opinion. If you like this content then like and follow me for updates and more analysis on your favorite coins. If you have any coins you want me to check out let me know in the comments.