Thread by @i_am_jackis

BIG $LUNA UPDATE 📚

INCREDIBLE VALUE INSIDE ⚡️

In this very detailed overview, we're gonna go in-depth on WHY, even after 750% gains since the May Crash, #LUNA is still very undervalued.

FA provided by @h_bitcoiner
TA provided by @jackis_trader

▪️ FA
▪️ TA
▪️ Summary

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▪️ Fundamental Analysis

**This Catalyst Changes Everything**

Opportunity to make an enormous amount of wealth from volatility in cryptocurrencies.

@Terra_money working on resolution of volatility in cryptocurrencies

Terra expanding faster than anything in the market

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It has been busy years for Terra

First, it launched Terraswap, Uniswap-inspired decentralized exchange.

This was a significant foundational piece for a new generation of DeFi applications to be built on the Terra blockchain.

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Second, Terra launched the Mirror Protocol and Anchor Protocol + 100s of the protocols already lined up, set to launch soon

$MIR #MIR #MirrorProtocl

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Third, Chai, Terra’s flagship payment app, raised $60 million in a series B round. Investors included SoftBank and others. The money will be used so Chai can scale to new markets and facilitate the adoption of the Chai debit card.

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And Fourth, the launch of wormhole bridge that connects Terra Blockchain Asset's to Solana

A ‘significant’ upgrade to Terra Ecosystem Columbus -5 set to alter supply, staking rewards and exponential growth of $UST resulting in $LUNA numbers go up

In more detail below 👇

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1) All seigniorage will be burned from minting terra stablecoin

Seigniorage is basically a profit made by protocol, happens when protocol mint $UST burning $LUNA, reducing $LUNA supply (If $UST at $1.05, protocol would burn $1 $LUNA to bring $UST peg to $1 profiting $0.05)

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2) Swap Fees

Will be distributed to $LUNA stakers instead of burning, resulting in a staking yield increase above 10%

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3) Terra Cosmos IBC Activation

Currently, there is no stablecoin pair on the Cosmos network

Terra integrating IBC pairing $UST with other major projects on cosmos network will provide liquidity flow, demand for $UST will heat up, belligerent of $LUNA will burn 🔥

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4) Terra planned to Launch Ozone insurance protocol

It will serve to insure DeFi in the Terra ecosystem.

It will be integrated to Anchor at first, bringing safeguard $UST deposit could increase significantly

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The community pool that consists of 72M $LUNA (Most part funded by "seigniorage" burning $LUNA) will be used to bootstrap Ozone which can potentially insure the entire ecosystem.

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5) Over 50+ Protocols lined up to be launched on Terra + Airdrops to $LUNA stakers

6) South Korea, Busan, the second-largest city set to implement #Terra stablecoin for its digital payment system

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#CHAI powered by Terra $LUNA launched in South Korea in 2019.

It currently has over 5M users, already has plans to expand throughout Asia, and it has support from some of the biggest Asia e-commerce platforms.

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Combined, they serve over 45 million customers processing over billion dollars in transection

If you are seeing new highs in transaction volume, that's the reason.

The largest are shown in the image.

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If you are still not convinced just do the numbers minting $26M $UST, 1M $LUNA needed to burn from supply

@dokwon expecting $UST to grow exponentially targeting at least $10B which would burn around 300M $LUNA from a total supply of $400M

Expected $LUNA target: $200-$500

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▪️ Technical Analysis

From a TA standpoint, $LUNA is also looking incredibly well & is showing the right signs you wanna see in a heavily trending market

In the pic below we can see that the 4.5-8.5$ range was used as the largest accumulation, followed by quick expansion

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As #Bitcoin has managed to climb back to 50000$, which is 15K, or 23% short of an old ATH, #LUNA has already managed to break it with a Weekly close above, gaining 750% from its lows.

That Weekly close above is a trend confirmation & super important but more on that later

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Now you may think, that is all great but it's already up too much and "I don't think it has the strength to go up anymore".

WRONG.

And I will show you exactly why. Find out below 👇

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Most people are familiar with the $AXS incredible run since May's bottom.

However, before it did it has also managed to do a Weekly close above the Old ATH which was also a 980% move.

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At that point, most people also thought that price is already way too high and kept shorting the market, cause "it has to go down".

One of the reasons that it has resulted in more & more upside of another 324%

There is nothing as TOO HIGH in the markets, remember that.

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Back then I was saying this Weekly close is bullish for $AXS and very little believed in it

The same thing is happening now on #LUNA

Using the same analogy, that gives us a price prediction of 142$, however, I don't think #AXS top is in yet.



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I love using Price Fractals especially with very fundamentally strong projects which both $LUNA & $AXS are.

Here it's super clear to me.

If you ain't sure what the Price Fractals are I highly recommend reading this in-depth thread



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To see the best value trends we have to use the logarithmic scale.

Once applied we can see a clear channel just formed, confirmed with a break above an OLD ATH.

Using @RookieXBT #MagnetGang to attract the price.

Giving us a 150-300$ target based on the time we reach it.

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Where to find the best entry?

Accumulate anything at, or below the current Weekly Close (28$ & below)

Don't try to catch the exact bottom or you may miss out but accumulate a strong position.

That can give you extra 100%

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Some may be wanting to buy the retest of an old ATH and while that would be a great entry, be noted, it may never come, just like it never did on $AXS

So you gotta ask yourself a question. Is it worth missing a few % here or miss the entire move?

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If we zoom in even more.

The price is already bouncing from its H4 support ✅
Created a falling wedge & broke above ✅
Retest currently happening ⌛️

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From here there are IMO two scenarios.

1) Price fakes the move down to scare people out before mega upside

2) Price will already start going up, may or may not do a retest of the current range later on.

Either way, this is an accumulation area ⚡️

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▪️ Summary

$LUNA at this moment is one of the most, if not the most promising project in the entire crypto space.

Colliding all, real-world use cases, strong fundamental core foundations & technical standpoint just further confirming all of the above.

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Both FA & TA Price projections are calculating with a Price range of 150$ - 500$

If you ain't sure how to best set your profits & deal with drawdowns along the way, here is a great thread on it.

Make a plan, follow it & profit ✅💰



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You are now standing in front of one of the best opportunities of your life

A thread worth thousands was given to you for FREE

How you embrace this opportunity is up to you 👁️

Please do support @h_bitcoiner by giving him a follow for providing an incredible FA summary

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If you have found this thread helpful, please, do consider sharing it with your friends & families.

It takes quite a huge amount of our free time putting it together and it has the capabilities of changing people's lives for the better, maybe even saving some.

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Wishing you all the best with it & may the fortune stay with us.

And again, follow @h_bitcoiner for insane alpha value & maybe even myself @jackis_trader for more future threads 😉🙌

Good luck & good investing.

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Sidenote, consider visiting FREE @h_bitcoiner telegram server, where a lot of value is posted:

t.me/symphony_confi…

Or our private group @TheCryptoHounds where we post similar threads to this, with setups, market updates & education.

Max cap almost reached tho, so hurry.