ETH-BTC
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)
TSUKA going to give possible buying opportunity in a few daysTSUKA is still maintaining its upward trend line, but short term has turned and is heading back toward its upward trend.
Looks as though there is a possibility for a good buy on or around the 28th of September.
If it breaks above the line it could reasonably raise to 0.20.
NFA
I am long TSUKA and will be acquiring more in this dip.
Thank you for your time.
LUNA CLASSIC LUNC > CZ BINANCE PRICE MANIPULATION > BURNS MATH!Hello everyone. So this morning CZ from Binance came out in a tweet and said that he would burn all the transaction fees from LUNA spot and margin trading. Now lets look at this for a minute. So first CZ tweeted he would support the burns making everyone think that he was going to implement the 1.2% burn on all the transactional volume on Binance, the price rocketed up. Then he came out and said he would not support the off chain burns and only the on chain burns, then LUNA dumped. Then he came out in an AMA and said he wouldnt be doing the 1.2% burn on the trading volume one more time, because for some reason there was alot of confusion about it, then the price dumped a little more. Then he came out and said the same day he would implement a feature to opt in to the burn tax for any trader who wanted to and then the price pumped a little. Then as LUNA came all the way down to the .618 around .00018 and Binance tweeted again this morning at 5:30 AM EST saying he was going to implement a burn mechanism to burn all the trading fees from LUNA trading and the price went up more than 50 percent in an hour. Shorts got liquidated and now on the drop Longs will be liquidated too.
So I did the math for you all so you can see how big of a deal or not a big deal this extra burn of the trading fees is
Average volume of Binance for LUNA currently is about 1 Billion daily. The total trading volume across all exchanges is an average of 2 Billion daily for now. This wont always be like this. The hype will eventually die down and the trading volume will diminish dramatically, maybe to at most 1 Billion daily across all exchanges. Now for the math, Im going to even look ahead and assume that all exchanges trading LUNA will follow Binance and Im going to round up the trading fee percentage to .2% although Binance is only .12%, because some exchanges may charge more.
2,000,000,000 x .2% = $4,000,000
$4,000,000 / PRICE OF LUNA = TOKENS BURNED
PRICE TOKENS BURNED DAILY BY ALL EXCHANGES
.0003 = 13,400,000,000
.0004 = 10,000,000,000
.0005 = 8,000,000,000
.0006 = 6,700,000,000
.0007 = 5,700,000,000
.0008 = 5,000,000,000
.0009 = 4,450,000,000
Lets do this with one less zero
.001 = 4,000,000,000
.002 = 2,000,000,000
.003 = 1,340,000,000
Lets do this with 2 less zeros
.01 = 400,000,000
Now he said that the first set of burns is from 9/21 to 10/1 thats 10 days
BINANCE SPECIFIC BURNING FOR THIS TIME PERIOD
.12% FEE ON TRADES AVERAGE
1 BILLION DAILY VOLUME AVERAGE
THAT'S 40 BILLION LUNA TOKENS BURNED IN 10 DAYS BY BINANCE
SOUNDS LIKE ALOT HUH? ITS NOT!
AS THE PRICE OF THE TOKEN GOES UP THE AMOUNT OF BURNS WILL BE MUCH LESS. ALSO THE VOLUME WILL NOT ALWAYS BE 2 BILLION DAILY ACROSS ALL EXCHANGES. THIS VOLUME WILL EVENTUALLY DROP TO MAYBE A BILLION TRADING VOLUME DAILY. AT THE CURRENT PRICE AND WITH JUST BINANCE BURNING THEIR TRADING FEES AND THE ON CHAIN BURN WE WILL BURN ABOUT 6 BILLION TOKENS DAILY.
SO TO BURN 90% OF THE SUPPLY WHICH IS 5.4 TRILLION TOKENS AT THE CURRENT RATE OF 6 BILLION TOKENS BURNED DAILY (WHICH WILL DROP DRAMATICALLY ONCE PRICES INCREASE) IT WOULD TAKE 900 DAYS. NOW THAT IS ASSUMING THAT THE BURNS WOULD BURN 6 BILLION A DAY WHICH IS NOT THE CASE, AND THAT WOULD STILL LEAVE 600 BILLION TOKENS WHICH WOULD BE THE ABSOLUTE BEST CASE FOR $1, BUT VERY VERY DOUBTFUL. EVERY TIME THE PRICE DOUBLES THE BURN NUMBERS GET CUT IN HALF. SO AT .0006 LIKE I SHOW ABOVE LUNA WOULD ONLY BE BURNING 3 BILLION A DAY, AT .0012 LUNA WOULD BE BURNING 1.5 BILLION A DAY AND SO ON AND SO FORTH .
SO HERE IS THE CONCLUSION. IF EVERY EXCHANGE IMPLEMENTS THE TRANSACTION FEE BURN, AND LUNA CONTINUES TO HAVE 2 BILLION DOLLAR TRADING VOLUME THEN IT WOULD STILL TAKE APPROXIMATELY 3000 DAYS TO BURN 5.4 TRILLION COINS.
THAT'S ALMOST 10 YEARS AND REALISTICALLY IT WOULD TAKE MUCH LONGER, AS VOLUME DECREASED AND PRICE INCREASED.
ALSO THATS ASSUMING THAT BINANCE WILL KEEP THIS GOING INDEFINITELY WHICH I DOUBT AS WELL. NO ONE WANTS TO THROW AWAY 4 MILLION A DAY IN FEES. HES DOING THIS FOR HIS OWN AGENDA. HES MADE MULTIPLE BILLIONS MORE OFF PUMPING AND GOING LONG AND DUMPING AND SHORTING WITH THIS COIN THAN HE EVER WOULD HAVE MADE SELLING HIS STASH AT THE TOP WHICH WAS WORTH 1.6 BILLION I BELIEVE. HES MAKING 10S OF BILLIONS OF DOLLARS MANIPULATING LUNA WITH HIS TWEETS, TAKING EVEN MORE FROM INVESTORS THAT ALREADY LOST A LOT ON THIS THING. LUCKILY I WAS NOT ONE OF THEM, BUT I FEEL FOR EVERYONE WHO HAS, AND I AM SORRY YOU HAD TO GO THROUGH THAT. DON'T GO THROUGH IT AGAIN THOUGH WITH THIS HYPE TRAIN, PUMP AND DUMP.
THIS BURN IS STILL NOT ENOUGH IN THE GRAND SCHEME OF THINGS. ALSO UST IS STILL DE-PEGGED AND NO ONE IS BUILDING ON TOP OF LUNA AT THE MOMENT. THERE IS NO REAL USE CASE FOR THIS OTHER THAN A HYPED UP PUMP AND DUMP. I USED TO THINK LUNA WAS GOING PLACES BUT I REALLY THINK THAT IT WAS JUST A PUMP AND DUMP BY DO KWON IN THE BEGINNING AND NOW CZ OF BINANCE IS PUMPING AND DUMPING IT AS WELL. THOSE TWO SHOULD HAVE A JAIL CELL TOGETHER WITH ONE BED!
MY STRATEGY IS TO TRADE THIS UP AND DOWN BECAUSE THERE IS A TON OF LIQUIDITY AND VOLATILITY . I DO NOT USE LEVERAGE WITH VOLATILE TOKENS LIKE THIS EVER! ITS A VERY RISKY STRATEGY SO DO SO WITH CAUTION BECAUSE WILD PRICE SWINGS ARE EXPECTED FOR A WHILE.
So for the price action short term. I think the hype will die down again once people realize this burn is just a drop in the bucket. My targets are .00026, and then .000235 before another run up
If LUNA can rally up to .00035 with strength then we may see a run to previous highs, perhaps for a double top , I do not think LUNA has started a new bull rally to new all time highs. I don't think this will happen though I'm leaning more towards the bearish case because essentially nothing has changed as far as how long it would take to burn the tokens. This is just a suckers rally and boy are there a lot of suckers out there. Jokers coming out of the woodwork again screaming $1 LUNA with no idea of how to do math.
THIS IS NOT TRADING OR FINANCIAL ADVICE THIS IS JUST MY OPINIONS AND SPECULATIONS
LTC LITECOIN USD MOST EPIC BULL PENNANT IN CRYPTO HISTORY! $10KI have said this before and I will say it again, Litecoin is about to go parabolic and if this bull pennant / flag I am seeing on the 1 year all the way down to lower time frames is gigantic. If this flag plays out its going to be epic. Can you imagine a $10,000 dollar Litecoin? I sure can! Just wait and see. Litecoin will be back under Bitcoin real soon like it has been in the past. Dont sleep on this one, the low is in for Litecoin and the face ripping rally is about to start, wait for some news for major Litecoin adoption, that will be the catalyst. . This is not financial or trading advice this is just my opinion. Thank you
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
MAKE MONEY NOW!!! ETHEREUM PUMP!! LETS GOOLIVE UPDATED SIGNALS JUST FOR YOU!!! STOP LEVELS ARE PREVIOUS BUY ZONE ZONES! TREND LINE ANALYSIS. watch me put in all the trend lines. 1 hour breakdown leading into a four hour chart break down!
Time is of the essence on this one. Buying dips is a challenge. Wait until Monday to enter, I expect the market to range on Sunday (next 12 hours until NEW WEEKLY OPEN) be patient and wait for the right time. set some limits no need to chase! Happy Trading stay tuned and thanks for all your support! Chat soon!
ETHW ETHEREUM POW Primed For Takeoff! $18 Next Big ResistanceETHW has been moving up steadily. I see lots of buy orders on exchanges with many less sell orders. This is being accumulated in my opinion and is about to rocket back up to previous highs. Next major resistance is around $18 maybe a few stops and bounces on the way to $18 around $10 and $13 but this could run quick since there really is not many to buy at the moment. Even if this coin doesn't succeed in its mission there will still be a FOMO pump just like with all the other major forks. $18 is my shorter term target with potential longer term targets up to previous highs when it was just IOU's trading around $60. This is not trading or financial advice this is just my opinion. Thank you, like and follow for more updates on your favorite coins.
INVALIDATION:
ETHW may bounce off $7.50 but if that fails then we may head back down to next support around $6.50 and then $5.50 which is heavy support! I think a pump is more likely though.
Going Long on ETH! Lets ride.ETH has been taking a beating this month... but it will soon see a nice rally (if the rest of the market behaves). ETH is entering a key zone of support and just below it lays the volume profile that has been pulled from mid June. Along with the VP there is also a important descending parallel channel that will come into play. If the key zone is jabbed, it is very likely to get a wick bounce off of the VP. I would also like to add that the RSI is oversold on medium time frames, this doesn't always mean a lot, but it is something to consider along with the other points that I have mentioned. Either way, ETH will see a well deserved relief rally 5-40% (based off of my targets). My take profit targets are noted by the golden pockets on the chart above. I will more than likely take a small profit off of the table after a 5-10% bounce to secure profit and move stops to entry.
What time it is to be aliveLet's recap where we are on the state of the financial world & what may impact us.
Inflation rate Aug/22:
USA 8.3%
CANADA 7%
FRANCE 5.9%
AUSTRALIA 6.1%
EUROPE AREA 9.1%
UK 9.9%
RUSSIA 14.3%
CHINA (2.5%) *hard to believe!
GDP Growth Rate Jun/22:
CHINA -2.6%
INDIA -1.4%
USA -0.6%
UK -0.1%
- Putin announces partial mobilization for Russian citizens: If this conflict worsens and the West participates in this by helping Ukraine can impact the financial market.
-USA new home sales have dropped -50% in the last 2- years to reach the 2016 prices, and an extra -10% decrease is expected in the coming month. Houses sold at 1miillion dollars in 2020 are now at 500k$, and can drop to 400k$.
Keep an eye on this great asset!
The QQQ dropped -16% in the last 36 days and is set to revisit the 16 June low at 269$
The S&P500 dropped -12% in the last 36 days and is set to revisit the 16 June low at 3636$
Euro/USD (0,9826usd) taking the hit of his young lifetime, by dropping below 0,99$ first time since its launch in 2002 at 0,90$, with zero support between those numbers.
The crypto total market cap of 871B$ has dropped by -28%, taking off 331B$ in the market #WelcomeToTheBearMarket. It's set to revisit the 18 June low at 765B$ and make a new low due to the potential capitulation.
ETH merge has finally happened, the market move was a classic buy the rumor sell the news. Everything went smoothly, and ETH fans who expect a rise up from this have not been watching long enough in the market to understand that an upgrade cannot make the price goes up instantly.
Now ETH has entered the team of Proof-Of-Stake consensus mechanics, 99,5% of energy use has decreased, and institutions can invest in a green blockchain!
The triple halving has happened, and like every bitcoin halving, nothing happened on the market the same day!
Now ETH goes from a 4% annual issuance rate to ~0.49%, meaning that less and less ETH will enter the market, making it more scarce. That's the good part to remember for the price action:
Less ETH = more pump potential in the long run
BTC is doing exactly what he is supposed to do in a bear market!
Possible double bottom at 17,5k$ in the coming months, followed by a capitulation to 13,4k$.
LUNA CLASSIC HYPE IS OVER FOR NOW >> Target .00013Im sorry guys but Im not very bullish on this chart. This is looking bad to me. Its the same type of hype run and correction is had back a couple months ago. I show that in the chart, that the previous run up from its lows to its high around .00017 it ran about 100% and then corrected down almost 35% after breaking the trend line support but an overall correction of 46%. On this rally Luna did a 500% run and has now corrected down to a similar support trend line as the previous run. The fractals are very similar, and fractals within the same asset usually play out the same too. So on this correction after the break of the support trend-line I predict a drop about 50% from where we are now, and a total of 75% before this correction/consolidation is over. I think that probably around mid October Luna will have bottomed out and starts its next run up. I think the correction on this run will be greater because the rally was also 4 times what the previous one was so the bigger the rally the bigger the correction.
So I think .00017 will be a nice level to start buying, there may be wicks even lower to around the .00013 and 14 levels so have a couple buy orders there too. Sorry guys I wish I had better news, but the chart looks terrible and the news isn't that great either for the whole market and Luna specifically. The hype is dying down along with the volume in trading. Also the burns aren't as cool as everyone made them out to be (even I fell for it for a bit) . At the rate of burning now it looks like Luna will burn 75% of its supply in around 15 years. That is not very good especially if you expected a dollar by the end of the year. I don't think Luna will reach a dollar anytime soon, unless we have a major surprise burn catalyst like multiple exchanges burning transactions taxes etc which I don't think is going to happen, or some philanthropist comes out of the woodwork and says they are going to burn 50% of the Luna supply in one shot. I fell for the hype a too but I managed to make 350% on the last rally and I traded the bounces all the way down.
There might be a big pump but itll be fast and brief, not sure how high but there is some bullish divergence on the 2 hour. The Daily macd is straight down adn the RSI is headed down as well.
This is not trading or financial advice this is just my opinion and speculations. Comment below and let me know which way you think the price goes from here. Thank you and good luck.
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.
✅ DOGE inside the FALLING WEDGE. What is the next target❓Hi friends! Dogecoin consolidationg in the narrow range. This means that the price is compressed, but it is on the decompression you can make the most money. We have to not miss this decompression. In this idea, I will tell you how to catch a powerful movement and make money on the rise.
Now the price of DOGE below the 2 HUGE value areas which are resistance for the price. The big players continue to collect the liquidity close to the local lows and it`s good for upcoming movements!
📊 Preconditions to open long:
🔥 false breakout of the wedge
🔥 volume growth which confirms the pressence of buyer
🔥 DOM and Footrpint scalping tools help you to find the bottom and reversal point for the DOGE. Huge orders on the DOM usually help me to set short sl and get the best RR (risk to reward)
🔥 bullish BTC force the altcoins to grow and reach all targets
The most important value area is $0.06-0.065. The bottom of this area become the resistance for the price and if the bulls have no power to break it, the price continue to fall.
🚩 If you open a long at the false breakout of the wedge, i recommend you to pay attention to this area. Maybe, it`s worth to book 50% of profit.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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/USD Trendline BreakHigher Time Frame Trendline Break, look for a continuation up north. Just know FOMC is approaching. A break below the Trendline may be a reason to get out. Tight stop loss for this one. Stay tuned more to come. PM me for any chart request and I will promptly post them. This corresponds to my previous signal on bitcoin. I would love to chat with you all about how to play the end of the year Q4. Like and leave a comment, I appreciate all the support.
look for a retest of the low of this last 4 hours bar for best entry. I don't have a set price for take profit, just looking for a further continuation off these lows. That is all for now on Ethereum.
LTC/USDT - SHORT MEDIUM-TERM----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ LTC/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Short)
Leverage: Cross (1.0X)
Entry Orders:
1) 49.92 - 100.0% (148.91248 USDT)
Take-Profit Orders:
1) 46.58 - 80.0%
2) 42.56 - 19.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
ANC : WHAT IS TIME FRAME OF INCREASE SINCE INDICATOR GOING UPFrom 7 SEP until 11 SEP, we have seen a 112% increase in ANC.
The coin was a time stable since May 2022
There is a change in volume structure which makes this coin interesting.
The last movement of 7 SEP can get a further in trend.
The indicator
Depending on this indicator what the chart shows it's still the breakdown of ANC in red.
Ad since short term it did activate into Green, which means the volume and interest on this coin can be active into this area.
The Risk
It's a very high-risk coin with a return to high profits.
So, for risk between 1/10 - it's 8/10 risk coin.
Targets
0,15
0,20
0,49
1: only in case high FOMO
The time frame of increasing
Since the indicator become green high chance, this can be so fast as possible, but there is not any guaranty for time frame.
The increase depends also on interest and flow.
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.