#LUNA slightly broke above the down resistance line. Price is trying to hodl after the breakout but facing a bit of sell pressure. Well, if price makes another impluse and broke $90.80 mark then around $87 would become a support area for a buy setup. Wait for the market to give the opportunity 📈.

#LUNA pumping hard after breaking the down resistance line. Pumping continues after price broke the strong resistance level of $89.90 - $90.40. Now, price is about to reach the next strong resistance level of $95.20 - $95.80. You can expect a rejection from there. Overall, we missed a good buy opportunity.

#LUNA break the strong resistance too and turned it into support now. Setup looks good and price is also retesting. Around, $94.8 and below looks good buy area with proper stop loss and small risk.

So, most of them goes with that They don't use any stoploss. Well, its highly recommended to use stoploss in every trade, weather it is small or big. There are some scenarios that stops aren't possible. But you should execute trade with proper stops. As you have seen now, how market heavily dumped and how other alts like #LUNA lose more than 95% of it value within couple of days. Use stops below swing lows or any key structure to protect your capital.

Binance will remove and cease trading of #LUNA for every pairs

https://www.binance.com/en/support/announcement/514e0ba636e843bda47d5d740b7dadf4

#LUNA and #UST is now fully suspended the trading from binance. Many more exchange are doing the same.

https://www.binance.com/en/support/announcement/f68451879a1841a6a0f44025735d9236

Most of them took a heavy loss in #LUNA. Coin was very unexpectedly dumped and crash minute by minute as it was very highly volatile since few days. Crypto market facing some of the craziest days since #LUNA event happened. Whatever happened, its happened. Hope so, #LUNA team will come up with a recovery plan. Till then hodl you coin in whatever amount you have.

#LUNA took support at $2 and holding that level. The resistance is $2.21-$2.23 area and price may reject from there. There is no bug or sell setup for now. Price is ranging between the ranges, So, wait for sometime for new positions or a breakout.

Each time Supply in profit/Loss has converged marked a #Bitcoin bottom in each cycle.

Roughly 12.5M #BTC are sitting in profit, the most amount since March '22, just before the collapse of #LUNA

Over recent weeks, #Investors have increased the volume of coins deposited to exchanges. Net exchange flows ticked higher by approximately 4180 #BTC this week, the largest net increase since #LUNA collapsed in May 2022. This might indicate some profit-taking going on as who bought the dip 📈

Here's the analysis of #LUNA :

#LUNA rejected very strong the major resistance zone from Daily TF around $1.473 - $1.493. Price retraced Deeply and reached/ tapped the 4H Strong support zone (Grey Box) at $1.30 area. Well, still bearish Continuation is expected and a break-below of the zone too. Take risk accordingly here.

Analyzing the average weekly #BTC netflow reveals intriguing patterns in their actions. In the initial phases of the 2020-2021 bull market, the #LUNA incident and #FTX fallout resulted in a period of significant accumulation and preference for self-custody. Many exchanges witnessed daily net outflows of 5,000 -10,000 #BTC.

Interestingly, #Binance exhibited contrasting behavior on multiple occasions. During market sell-offs and downtrends, the exchange experienced substantial #inflows. This could be attributed to #investors shifting their holdings away from perceived riskier exchanges (such as #FTX) towards the world's largest exchange, #Binance.

During the recent rally, whale inflow volumes to exchanges picked up quite significantly, hitting +16,300 #BTC Per day. This is a whale dominance of 41% of all exchange inflows, which is comparable to both the #LUNA crash (39%) and the failure of #FTX (33%).

Whenever there's a huge inflow, we can see some huge moved in the market.

The weekly price action traded down -11.3%, which is a significant fall, but is not the most significant in recent years. This performance is slightly shy of the long-term one standard deviation move of -12.6%, a level which was breached during major capitulation events such as the collapse events of #FTX, #3AC, and #LUNA.

Here's the Analysis of #LUNA :

#LUNA is been consolidating in a range and kinda trying to hodl above the support zone of $0.388 - $0.393. Well, if market remains stable, then we can see a push in price till Resistance zone around $0.46 5 - $0.470. You can either trade the range or Wait for Break below of the zone.

🟢 #Stablecoins have experienced a persistent decline in supply since April 2022, as redemption commenced following the collapse of LUNA-UST.

Both 🟠 #BTC and 🔵 #ETH experienced a net inflow of capital since the start of the year, seeing their Realized Cap's climb by up to $6.8B/month (#BTC) and $4.8B/month, respectively.

This Concludes, Stablecoins started losing value since April 2022 due to issues with #LUNA-#UST. #Bitcoin (#BTC) and #Ethereum (#ETH) gained more capital this year, but since late August, things have slowed down for all three. This might mean that the market is uncertain and not moving much."

"The 2021 bullish cycle was notably characterized by a prevailing inclination among investors to sell and secure profits amid the euphoria of upward trends. However, the mid-2022 declines of #LUNA-#UST and #3AC marked a pivot back towards net accumulation, as investors endeavored to establish stability within the market.

Nonetheless, since April of this year, the market has reverted to a relatively balanced state. This aligns with the deceleration in capital inflows into #BTC and #ETH, coinciding with a market atmosphere growing progressively indifferent and uncertain."

Vaulted Supply has experienced a sustained regime of inflows since June 2021, however with a notable uptick following the June 2022 sell-off when #3AC and #LUNA-#UST collapsed. This metric speaks to an aggregate maturation of the #BTC supply, as investors accumulate and hold onto their coins, refraining from spending and transacting at an increasing rate.

Here's the Analysis of #LUNA :

#LUNA is been rejected strongly from the major resistance zone of $0.878 - $0.890 and nearly bounced from the support/ flip level of $0.662 - $0.675. Well, price expected to reach till there and might even break though. Potential setups will came after a breakout or rejection, so have an eye on it.

Here is the analysis for #LUNA:

The price is currently nearing the support zone ranging from $0.76 to $0.83. It's advisable to consider initiating a long position within this support zone. A rebound is anticipated from this area, targeting the resistance zone spanning from $1.00 to $1.07.