LUNA CLASSIC LUNAC Breaking News For LUNA! BINANCE NO BURNS!There was a live AMA just a few minutes ago with CZ of Binance. He just smashed everyone's hopes of off chain burns, and Luna is now dumping. No trader in their right mind would ever trade Luna with that type of burn. Cant steal from Peter to pay Paul. I told you guys this would happen, and if I was you and I was still holding bags, then I would take profits now before Luna dumps down to .00008 and everything is lost. There will be heavy selling coming soon. Once Luna breaks .0002 then everyone will get scared and dump at the same time. Luna burning at the rate its burning now on chain will take 20 years to burn down to 10 billion. If CZ of Binance is not going to support the off chain burns then no one with any decent volume will either. Hype is over, time to move on to the next hype coin!
We broke support and next support is down at .00014 on the 4 hour and then .000085. I hope everyone is able to take some profits before this thing hits the floor. They should have named this coin TERROR LUNA for how much its terrorizing people. I wish you all the best of luck. This is not trading advice, this is just my opinions and speculations. Thank you
Btc-usdt
ETHW & ETC AWESOME FRACTAL! MIGHT WANNA LOAD UP ON ETHWI went back to when Ethereum Classic originally forked from Ethereum back in the day and wanted to see what the price action was like then to see if I could compare it to the new fork ETHW . What do you know the fractal looks eerily similar just on different time frames. Might be a good potential long here on ETHW . This is not trading or financial advice this is just my opinion. Thank you
DGB DIGIBYTE About To Run 500% BULLISH DIVERGENCE RSI+MACD $.042Digibyte has corrected more than 90% since its high at 18 cents. I think DGB has hit its bottom and is about to explode. There is 3 drives of Bullish divergence on the RSI and MACD going all the way back to January on the daily. I think $.042 cents will be the shorter term target with potential longer term targets much higher if we break past resistance there. A wick to about 5 cents is easily possible as well. Don't forget DGB is one of the only actually decentralized, longest running, advanced POW coins out there with privacy features, and is 40x faster than bitcoin. Its mining is super efficient and can be mined with 5 different methods, making it possible for more people to mine with their rigs. Digibyte came out in early 2014 and DGB break in has just finished, its time for it to shine. The world will realize how important POW is once they see what happens with ETH POS. Digibyte has done amazing work over the years and even all through this massive multi year bear market it has been in. I would say that DGB is in an accumulation zone now and wont go much lower if at all lower. In a perfect world it would be BTC, LTC, DGB as the main 3, for everything! This is not financial or trading advice this is just my opinions and speculations.
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BULLISH DIVERGENCE ON THE MACD:
BULLISH DIVERGENCE ON RSI:
VOLATILITY INCREASING ON BBWP:
SUPPORT AND RESISTANCE ON THE 4 HOUR:
LUNA CLASSIC LUNAC Trading Within Triangle, FOMC=Direction!LUNA Classic has been trading within this Triangle for a while now. The triangle will resolve I believe today or tomorrow. We will see whether LUNA can break the triangle to the upside or not. There is a couple things going on today like the FOMC meeting and LUNA starting its burns. So here is how that is going to work. The Fed raising rates by 75 basis points is priced in. The burns for Luna are also priced in. If the Fed raises by 100 BP then Luna and the entire market is going to tank for a bit, Luna will probably fall to previous support around .00024 and then we will re-visit. If the Fed raises by 50 BP which is lower than expected LUNA will rally along with the rest of the market, and LUNA might make a run to previous resistance around .00039 and then we will re-visit. If the Fed stays the same and people are happy with the burns then Luna will trade kinda sideways for a bit I think ranging within .00024 and .00029. If the burns start and the math is done to show that it may take many years to reach the 90% reduction that everyone wants then Luna will dump pretty hard regardless of the FED meeting. If the burns show that the supply could fall quite quickly and not take that long then LUNA will probably make a decent rally at least to previous resistance at .00039 and then we will re-visit.
On the lower time frame I think we will see a run up from current price around .000285 to the top of the triangle around .00031. Volatility is expanding and the MACD is coiling up to break to the upside on the hourly so this move will happen within an hour once the resistance is broken around .0002905.
Please note that Symmetrical Triangle patterns once formed break in the direction of the current trend as a continuation pattern. The current trend is down and corrective, so the chances of Luna breaking down is more probable than an upside break. As you can see back on September 1st when we had that nice pump, a symmetrical triangle formed and it broke to the upside because we were in an uptrend. Also the current Symmetrical triangle has a slight upwards angle which could make it a rising wedge , which is also very bearish and most likely a break to the downside.
Thank you all for your support, please like and follow if you appreciate my charts and content. This is not trading or financial advice this is just my opinions, and speculations. I hope you all have a wonderful day.
We Broke above resistance at .00029 at time of writing this so a move to at least .000305 - .00031 is imminent.
Join continuation of the bearish trend BTC/USDT PerpThe daily, 4-hour, and hourly charts are all in a downward trend. In an effort to join it, i'll look for entry near the top of this channel. I'll wait for the heikin ashi candles to turn red and start rejecting near the top of the channel, in conjunction with the wave trend pointing down and hopefully divergence on the Vumanchu Cipher B indicator. At that point I will enter short with a stop being placed a bit outside the top of the channel.
LUNA CLASSIC LUNC Classic Double Top Forming, Target .000265Luna made its pump I said it would make in the previous chart chowing the W formation. It pumped exactly to where I said it would. It then correct and had another pump but the second pump failed to get above the previous pumps high so now Luna is forming a double top on the 30 minute and 1 hour time frame. indicators are showing weakness still. My short term target is .000265 over the next couple of hours, in which At that time Luna will have created another head and shoulders (i will link another image below showing that head and shoulders potential forming. A measured move from that head and shoulders down will be around .00019 mark and with little support in that area I think a further drop down will follow. One this downside break starts its going to be swift. Luna could lose 50% within an hour or two so you need to be quick. For now though lets hope the .00026 and the .00024 hold and hopefully that head and shoulders will be invalidated. Good luck out there my friends, this is not trading or financial advice. Give me a like and follow me for more updates. Thank you.
ETH POW ETHW Cup and Handle Formed, Targets $9.5 - $10.5ETHW has been really volatile and bearish because everyone is selling their free ETHW. I think the ones who sold now will regret it in the future but thats just my opinion. A nice cup and handle has formed and a measured move would bring ETHW to around $9.5 and an extended target of $10.5 is possible as well which is also a resistance zone. There isn't very much liquidity right now in this coin so these prices are really volatile.
Don't forget people, the new Ethereum POS is a brand new chain, and enyting can happen. I can almost bet that no new capital will be flowing into Ethereum and I don't mean Joe down the street I mean big money. No big investor with half a brain will risk that, its new and needs years for big money to feel comfortable investing in it again. If and when something goes wrong with the new chain you better believe that everything will flock back to ETHW the original chain that WORKED just fine, including the value of Ethereum!. Good luck out there. This is not financial or trading advice this is just my opinion. Thank you
Luna Classic LUNC: WTF With These Damn Head And Shoulders!!Luna appears to have formed another head and shoulders on the hourly. The measured move would bring us down to .000238 minimum and possibly lower. Technical Indicators are all bearish all the way to the 2 day. The inverse head and shoulders that was formed is probably invalidated by now. It may still play out but its not looking good right now. I expect at least a move to .00024, if the selling pressure is high then we may head lower from there. I will reevaluate at that point. Thank you and good luck. This is not trading or financial advice.
$BTC CURRENT PRICE ACTION BTC is trading on a descending channel. The support is for long while the resistance is for short. Positions is to be taken immediately after the confirmation of any level. It will confirm like this till there’s a breakout.
Breakout to the downside is more likely than to the upside.
ETHW ETHPOW Pennant Failed, Now In Channel Target Is The SameETHW this is an update to my previous analysis. ETHW broke down and the bull pennant failed. Now in a descending channel, finding support around $10.50. People are selling their free ETHW coins right now so we need to be patient. This is also so new so analysis is hard because of liquidity at the moment. If ETHW breaks down out of this channel then we could see single digits. This is not trading or financial advice, just my opinion. Thank you for checking out my charts, follow me for more updates.
LUNA CLASSIC LUNAC Inverse Head And Shoulders, Rally Imminent!Hi guys another quick update on Luna Classic. It looks like Luna has formed a nice inverse head and shoulders on the bi-hourly and is about to test the neckline around .000295. A break would initiate a minimum move to at least .000345 but likely to hit .000358 at the next resistance. Then a small correction and back off to the races I believe. The daily is looking really good so this move should be a good one. All is invalidated if we break below .000255 and go back into the falling wedge/bull flag. Then Lunac would likely retest the support of the wedge at around .000221, and then we will re-evaluate. If this wedge breaks to the downside a major correction to around .0009 ish will probably play out, but i am not leaning towards that scenario as the indicators and charts are looking good right now. This is not trading or financial advice this is just my opinion, and this asset is extremely high risk and speculative; however the reward is also extremely high. Thank you and good luck everyone.
LUNAC Luna Classic : THE RUN IS STARTING, BIG MOVE COMING!LUNAC LUNA CLASSIC Has bottomed out on this correction and is now priming for another massive spike. My target is still at least previous highs and then probably much higher after that. This move is only about an hour away at most I believe, and a great entry point. This is not financial advice this is just my opinion. Thank you and good luck everyone.
30 MINUTE
1 HOUR CHART
DAILY CHART
ETHW ETHPOW USD : QUICK 2x Coming! This Thing Could Really Run!ETHW , ETHPOW, or Ethereum Proof Of Work, looks like its about to retest the previous high area. This could run pretty quick because there isn't very many coins for sale yet. The indicators are showing that a nice move is about to play out to the upside. Plus you never know this thing could really run. Lets say something happens with the new POS chain, where would everyone run to? They will probably go back to the original ETH where everything worked fine. Either way, this is high risk and just speculation, but the reward could be massive. This is just my opinion and not financial advice, good luck out there evryone.
BTCUSDT - potential setupsBINANCE:BTCUSDT
Hello everyone!
🛎 Let check the trading idea for BTCUSDT
🤗 Not making anything difficult everything is pretty straightforward.
👉 1. Price goes ABOVE the selected range on the picture. Long positions to activate. 🟢
👉 2. Price goes BELOW the selected range. below. Short positions to activate. 🔴
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⚠️ Important Notes:
1. Always follow your trading plan regarding entry, risk management, and trade management. ❗️❗️❗️
2. Timeframes: up to H4
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bearish pattern but it like bullish I think BTC start to complete a bearish pattern .in this case it is possible price go up from here to the 50%of FIBO as I marked in chart.it will be like a W pattern when going up and you want to hold it for complete W pattern but it will go down sharp when price touch the 50% of FIBO green line in the chart .the red line is time for top or sell btc.
The strong rebounce of bitcoinThis should be the strongest and final rebound of bitcoin as it going further down. My prediction will be 16k before the bottom is really bottom.
We already hit 18k, and it immediately rebound to 19k, which apparently is a cat market - dead cat bounce.
Still the economy is not stable:-
1. The Ukraine war is escalating or there are no way out still, the USA still sponsoring Ukraine with millions of support. And Russia had determine to turn off the gas pipelines.
2. The China lock down or so call communism close down policy. Is rather fishy and insane or not making any sense. To just selfishly contain economy within China and remain exporting goods to outside. This mean that, they can make your money and you can not even make theirs.
3. The economy of whole world is frozen by covid-19 for 2 years and just seeing it start to melt. The melting process take longer than expected. People do not want to travel due to safety or rigid process. And yet some country do not want you to visit them. It's just not going back to pre-covid era.
MATIC USDT S/R LINESMATIC/USDT SUPORT AND RESISTANCE LINES M W D H4
matic usdt suport and resistance line in monthly weekly
matic usdt suport and resistance line in monthly weekly
matic usdt suport and resistance line in monthly weekly
BTC/USDT ANALYSIS#BTC/USDT ANALYSIS
BTC is moving sideways in a range, in between the marked horizontal support and resistance zones. It broke out descending trendline resistance in the recent bullish move and currently retesting it, a successful retest will result into a bullish move, while further consolidation can be expected until we see a sustain breakout or breakdown.