Terra Classic (LUNCUSDT) went through a major bullish wave in September 2022. As soon as a peak was hit a strong but classic correction followed with trading volume coming to a halt.
After 99 days of correction, LUNCUSDT ends up with a higher low. Every since early June 2022 Terra Classic is setting the stage for long-term growth.
After the 16-Dec. low, we can see slow but steady growth, a signal of strength. In early February we have a volume breakout, seeing the highest buy volume in a day since the September action days.
This is what gives away what comes next.
If this pair were to turn bearish now, we would see a volume breakout favoring the bears/sell side, instead the higher volume came in as green (3-Feb).
Even though we have retraces and corrections, the overall picture continues green.
The RSI is turning bullish with prices trading above EMA10. The rest of the market has gone green with Bitcoin now back above 23K.
Since the entire market is connected, everything is interrelated, we can predict what comes next.
LUNCUSDT is set to hit 0.00041183 first for 141%, followed by an even higher target at 0.00088404, to reach a massive potential of 410%+.
This is not financial advice.
You can find the support levels and additional targets by looking at the chart.
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