LUNA CLASSIC HEAD & SHOULDERS FORMED AS PREDICTED > SLOW BLEED!LUNC is moving exactly as I predicted in my last chart (ill link it below for you non-believers). The head and shoulders has formed and LUNC is trading below it now. The neckline is broken and the price is hanging on by a thread at this point. A huge drop is coming for the measured move, down to at least .00018 and then a bounce there at the dynamic support level up to about maybe .00024. Then a quick drop back below .00018 and then a slow bleed to major support around .00009 and wicks lower to .00008 is very possible once the panic selling starts and the staked coins start to become un-staked and sold. Anyone who is staking LUNA is screwed in my opinion cause it takes something like 20 days to unstake and by the time they get them the price will be .00009 if they are lucky. LUNA CLASSIC will never burn the coins everyone is hoping it will burn. All this burn talk and Binance burn is to literally keep the suckers hanging on so the big fellas can dump it on their chin. Oh and for USTC to re-pegg it needs to be trusted and used as a stablecoin, that will never happen so drop that idea right out of your heads right now. Shame on LUNA for screwing you all the first time but, Shame on you all for getting screwed twice in a row with this sh!tcoin! Also for all the you-tubers out there pumping this piece of horsesh!t, phuck you too, you're all sh!tbags for screwing over innocent people so you can get your damn clicks, karma is a MF. Get phucked!
THIS IS NOT TRADING OR FINANCIAL ADVICE THIS IS JUST MY OPINION. GIVE ME A BOOST AND FOLLOW IF YOU WOULD LIKE TO SUPPORT MY WORK. THANK YOU AND GOOD LUCK OUT THERE.
THIS IS MY PREVIOUS CHART I MADE SAYING THAT THE PRICE ACTION WAS NOT GOING TO FORM NEW HIGHS WHEN EVERYONE WAS SCREAMING LUNC NEW BULL RUN. I SAID INSTEAD IT WOULD FORM A HEAD AND SHOULDERS AND THEN CONTINUE THE DROP.
ETH-BTC
Bitcoin: 50% Correction Ahead?Hey guys,
BTC is currently descending, and a decision will be made here shortly, that can lead to a huge correction down.
=> We will look at specific areas for the correction, where one could buy lower.
We're also gonna talk about the major macro picture with the stock market, since crypto highly correlates with it.
Have fun watching! ;)
ETHW BOTTOM IS IN! NEXT RUN UP ABOUT TO START, ALL ABOARD!ETHW looks like its about to make its next run up. This will be wave 3 and the previous high around $14 will be a blip on the chart. I can see ETHW running to about $40 on this next run and possibly higher depending on how much attention it receives. I think the bottom was around $7.60 like I predicted in my previous chart which was major support. Invalidation of this idea would be a break of $7.50 and a close on at least a 4 hour. If that happens then I would expect a move down to next support around $5 with wicks down to about $4. At that point we will revisit and re-evaluate. I dont think this will happen though, I think ETHW has found its bottom on this wave 2 correction. This is not trading or financial advice this is just my opinion. Thank you and if you like my work, please support me by giving me a boost and follow me. Good luck out there everyone.
This was my previous charts showing the move that was just completed.
BTC & ETH - Detailed Top-Down Analysis - Day 81Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
81 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
XRPUSDT|Everything is going according to plan!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Since the last post about XRP, the asset has tested the global countertrend and is now declining towards the 0.236 Fibonacci zone
I think that the plan is working, the kativ is very overheated and it needs a correction, I highlighted the Lake Profit zone with a red block, I will wait until there!
TSUKA entering a regression channel and buying opportunity.The TSUKA dragon has gifted us with another opportunity to accumulate as the channel continues.
Also giving buy/sell indicators if someone is looking to trade on the way down.
A break of the downward red channel gives supreme buy opportunity.
A break to the upside of the channel gives a possible sell opportunity.
I am long TSUKA and will continue to acquire it as downtrends.
NFA.
Thank you for your time and consideration.
The dragon is patient and will reward ours.
Namaste.
ETHW ETHEREUM POW Double Top Measured Move $8> Cup & Handle?ETHW had a nice run yesterday. It hit most of my targets from my previous chart: however it did not make it to the $18 resistance but this coin is so new, support and resistance levels have not really been established fully yet. So ETHW pumped after testing support and is now coming back down to test that same support. A double top has formed and if support is broken at $10.20 and closes below at least on a 15 minute then a measured move down to $8 is likely with a few stray panic selling wicks down to $7 and $6.50 is very possible. There is declining volume, the MACD is showing bearish divergence, and the RSI is also showing bearish divergence so I am leaning a lot more towards a downside move.
BUT...
There is also a larger formation of a cup and handle pattern. If ETHW manages to close above $14 on the hourly then the cup and handle would have a measured move of around $21 dollars with FOMO wicks to $25 is easily possible.
Yesterday the buy orders were much greater than the sell orders, and now the buy orders have started falling off on Kraken and the sell orders have gone up massively, with decreasing volume. I think this is the local top and a correction is imminent, I think once we break below $10 then we will see a fast drop down because the order books are skimpy.
I still believe that ETHW will take off and get into 3 digits at its macro high during this next bull run.
This is not financial advice this is just my opinions and speculations.
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ETH BTCTP 1 and 2 - based on the short term (1/2 months), expecting bearish movement with a decent bounce if we reach the second support line. It can keep pushing down (TP 3 and 4 scenarios) or we get back to bullish season.
TP 3 and 4 - it would bring us into a deep deep bear market. Where we would be able to accumulate for another wealth change. (1y+).
Some butterfly thoughts..
LUNA CLASSIC LUNC Dont Get too Excited About This Bounce! .00012Luna Classic is still in its corrective/consolidation phase. The bounce was just a hype bounce, with new lows coming. As you can see a very similar type of bounce happened with LUNA in the first run but then was followed by a slow downward bleed with wicks much lower along the way before the next run up. My downside targets have not changed. I still see .00013-.00014 playing out before any type of next rally, with wicks down to .00012-.00011. Dont keep falling for the hype while the whales take dumps on your face. You can burn 99.99999% of LUNA and it'll still be shit that no-one wants. I mean I don't see any real world use case for this other than to make money trading it kinda like POGS were back in the 90's. Anyone remember POGS or milk caps? Anyways just though Id throw some common sense back in the mix of all these moon boy Luna ideas on this damn thing and save some of you poor saps some money. This is not trading or financial advice this is just my opinion. Leave a comment below and tell me what you think. Thank you and good luck.
Weekly Analyze of the Crypto Investing in September, 2022
Date: Sep 26,2022- Sep 30, 2022
This week, the cryptocurrency market continued its weak and volatile trend, and the trend reciprocated many times.
BTC’s weekly line is under pressure from the trending average. If we refer to the trend of the same period in 18 years, such a narrow range must be sorted out before going out of the bigger market. The daily line is near the end of the triangle convergence pattern, fluctuating in the low zone, and maintaining a weak rebound above 18000-18500. Otherwise, there is another drop. The support range is 17500-18000, and the resistance range is 20500-21000.
ETH is expected to close a non-trend repair K-line similar to last week with a small entity with upper and lower shadows this week, with a critical range of 1420-1450. The daily line has received dojis one after another, and the horizontal consolidation is within the range of 1250-1350. It is expected to get rid of the weakness after the breakthrough. The support range is 1150-1200, and the pressure range is 1450-1500.
Vtrading is a crypto trading platform providing smart coin trading strategies for every trader. If you are using Vtrading smart crypto trading bots, the Grid and Martin strategy are suggested for spot market, and the SMT strategy for futures market.
(All for reference only, plz invest rationally)
TSUKA hard bounce but should point down again for a buy.TSUKA bounced off of top level of the first buy range which was surprising, but gives a clear indication of the value investors are brining to the table.
Very little selling volume vs buying volume, and at the time of this writing may be presenting to be range bound.
If we see a break above 0.15980 look for a run to 0.20
If we see a break below greater trend line look for an acquisition opportunity above 0.07
Ideal buy is around 0.09984
Thank you for your time.
I am long TSUA and will be acquiring more when it enters the buy range.
NFA
ETHW USD Cup and Handle Possibly Playing Out! Target $24 -$34ETHW has formed what looks like a nice cup and handle . There is a nice increase in volume this morning and the price is beginning to creep back up towards $14. If ETHW breaks $14 and closes above on at least an hourly then I would say the pattern is complete and a measured move to at least $24 dollars, and then $34 if its still going strong at $24. I will be waiting for the break of the neckline with decent volume for confirmation the pattern is valid and playing out. This coin is extremely volatile so proceed with caution.
If ETHW gets to previous resistance at $14 and does not break and loses steam, then this would be a nice double top and a correction down to $8 and then possibly $6 would play out
This is not trading or financial advice this is just my opinion. Thank you and good luck my friends.
LUNA CLASSIC > SHIB: The Rise And Fall Of Pump & Dump Sh!tcoinsHello good morning my fellow traders. I show in the chart above how LUNA and SHIB have almost identical chart patterns. Fractals aren't always perfect but when comparing two different pump and dump hype coins then they usually rhyme. All this little news and crap coming out for LUNA is the same type of crap that was coming out when SHIB had reached its peak and began falling. Dont believe me then go to google and type in Shiba Inu and look at the news back in 2021 when Shib topped out. This price manipulation with LUNA so CZ or other big holders can dump their holdings on millionaire dreamers and recoup their losses is disgusting. Please people for the love of god don't fall for this scam that has been happening over and over again in crypto with hundreds upon hundreds of pump and dumps throughout the years, and Ive been in crypto since 2015. They all end the same, a slow bleed out all the way back down to previous lows. When LUNA gets back down to .00004 then sure maybe buy a few and hope for a nice dead cat bounce at some point in the future. For now LUNA has finished its run and has topped out, its on its way back down to where it started this run, and it will take a little while for it to bleed out, especially with how many are staked and how long it takes to un-stake, and how many fools are hodling in hopes of striking it rich. I used to think that LUNA would do something good with all the "fake" positive news it had in the beginning before the run started, but I have since changed my view on it. The supply is just too high, and none of the current burns will bring the supply down for shit, I explain with the math how long it will take to burn 90 percent of LUNA in my previous post, more than 10 years. Also the community has turned into a bunch of obnoxious crybaby thugs trying to force exchanges to burn coins, its a terrible look. Plus UST is still de pegged and never will be pegged again. Algorithmic stable coins are banned anyways. I would put in a short and ride this thing all the way to bottom cause thats where its headed. There is way too many people out there holding way to many LUNA for it to ever go to a dollar. When the majority are saying that a coin will 1000x then it will not do that, it will instead to the opposite. When SHIB holders became millionaires they bought when there wasn't any hype. They weren't screaming 1000x SHIB from he rooftops before it went on its parabolic rise, they bought when no one was talking about it. Then it had its rise and those holders became millionaires. Then once it had its rise, the 1000x SHIB hype started, and millions of people got on board only to be disappointed. The hype period of SHIB was not when millionaires were made, it was instead the end of the massive rally up. The hype was created so there would be enough liquidity so the early early adopters/holders could dump their SHIB and turn their unrealized gains into real profits at the top. Without the hype period at the top in SHIB, none of those holders would have ever become millionaires, simply because there wasn't anyone to buy them regardless of the price before that. Get it now? This is where LUNA is at the moment the massive hype cycle so smart money can dump their bags on the little guy with the dream of becoming a millionaire. Plus it doesn't help that every you tuber and their mother is saying $1 LUNA simply to get clicks, subscribers, and likes, and the majority of those you tubers know exactly what is happening but they are lying to you so you sub to their channel. Most of those youtubers only have a hundred or so dollars invested in LUNA, they said so. If they really believed the crap they are spreading don't you think they would invest as much as they can, or even a few grand? If I truly believed something would 1000x then i would sell everything I own, I would search the cracks in the couches for change, and get a personal loan and go all in. They don't do that because they don't actually believe it, they just want your clicks. People need to wake up from this fantasy world they are living in with this LUNA crap. $1 $.10 or even $.01 will never happen, EVER! LUNA will never be touched by any financial institution or any big money since its crash, unless they plan to pump and dump it for a quick Billion dollars.
CZ of Binance manipulated LUNA just right so he could recoup his almost 2 billion in LUNA losses from the crash. Hes probably made 5x that by now, why do you think hes fine with burning $4 Million dollars in fees every day? Cause hes making hundreds of millions of dollars daily pumping and dumping this thing on your faces. Hes the conductor of this hype train, and hes about to jump off and let the train crash and burn.
I wouldn't be surprised if CZ came out when LUNA bottoms to its previous low and says something to give this thing a dead cat bounce up another 500% and cause a mini hype rally and steal another quick billion from some fresh morons. Anyways thats my rant on all this crap.
This is not trading or financial advice, this is just my opinions and speculations. Thank you and I hope you all have an amazing day.
ITS TIME FOR PEOPLE COIN!Trend is your friend.
lets follow what the trend shows, and in this area means a people increase trend.
This chart made out of personally expecting but 100% on technically details.
Wait!
Never just follow just a chart as this with a title as this.
do always your own study and confirm more times.
Good Trading times.
The above technically chart it seems people coin are going to show some increase effect coming time.
The above targets are possible range targets.
ADA SETUP (PENDING)Hey y’all, here is a trade setup for $ADA. The setup is still pending until we can break 46 cents, but all the variables are in place and we now…. Wait… if above these levels I expect to get a nice move up in the trading range between .46-51 cents at minimum. Obviously this is not triggered yet, but my alerts are set! We usually don’t see power moves until later in the night, but let’s see how we close on the daily and how much pull/momentum it can bring us IF we push upwards (beautiful XABCD we have here)