LUNA CLASSIC LUNC Possible Larger Inverse Head And Shoulders!Luna is in a current run playing out a measured move of the inverse head and shoulders I showed in the other charts I did. I just noticed that if the support and resistance plays play out like I think then Luna will be forming a much larger inverse head and shoulders on a higher degree of trend. That measured move would bring it to the previous high at minimum. This looks like a possible path for Luna Classic. Gotta be quick with this one it moves fast ladies and gentlemen. This is not trading or financial advice this is just my opinion. if you like ideas like this and frequent updates then give me a like and follow for more. Good luck out there everyone. Thank you
Eth-usdt
LUNAC Luna Classic The Move Is Happening Now Neckline Broken!Luna is in the move to play out the measured move of the inverse head and shoulders. My minimum target is .000345 with an extended target to around .00038. The daily is still just starting its run so at these levels expect small corrections. At the .00038 level if we dont break and close above .000384 then a pull back to .000345 is likely. If we stop at .000345 and lose strength then a pullback back down to .000308 or so will probably play out. Not trading or financial advice, follow me for more updates. Thank you
LUNA CLASSIC LUNAC Right Shoulder Complete, Break .0003 EASY $$Luna classic has completed the right shoulder on the inverse head and shoulders. A break of .0003 and we will see a minimum target of .000345 with possible higher targets of .000375. I think if we manage to find solid support around .00039 then this rally will continue to complete the measured move of the giant falling wedge/flag with a measured move to previous highs, minimum. Follow me for more updates. This is not financial or trading advice this is just my opinion. Thank you and good luck.
Can you chart USDT.D?AUG 9th USDT.D analysis
5.96 was a big measured move from the previous bear flag and we can see 2 consolidations for a double bottom bounce. Big daily/weekly wedge to watch still especially with CPI data which will affect all markets likely tomorrow.
It went sideways long enough after the bear flag break towards the right side and wedge resistance even though we are seeing lower highs on the bigger swing. A backtest here of the breakout.
Much like the VIX, you can argue that it's not something you chart but you can compare the movement and see there is a large inverse relationship between this and BTC. Use it as a tool to supplement your other analysis!
TA 2022-08-04: ETH/USDT1. There is a major bearish trend line forming with resistance near $1,660 on the hourly chart of ETH/USDT
2. If Ethereum fails to rise above the $1,670 resistance, it could start another decline.
3. An initial support on the downside is near the $1,620 zone.
4. The next major support is near $1,560, below which there is a risk of a sharp decline.
5. In the stated case, ether price may perhaps decline towards the $1,505 support in the near term.
6. Any more losses might call for a test of the $1,450 level.
Ethereum Intraday BreakdownlETH has broken down and retested in the 15-minute time frame, therefore may undergo a correction in the very short term. Trade is supported by Resistance Nearby.
Risk Reward Ratio - 2:1
SL is placed Above the Resistance zone & the upper trendline. The target is placed near support.
ETHUSDT Potential for Bearish Continuation | 26th July 2022On the H4, with price is going up and stochastic indicator is going down, which is showing a bearish divergence, we have a bearish bias that price might drop from our sell entry at 1392.39, which is in line with 38.2% fibonacci retracement to the take profit at 1279.35, which is in line with overlap resistance. Alternatively, price may head for stop loss at 1701.08 which is in line with the overlap resistance.
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ETHUSD moving higher 🦐ETHUSDT after our previous analysis moved in the expected direction.
The price is now trading below a minor resistance and tested the 0.382 Fibonacci level.
How can i approach this scenario?
I will wait for a potential break of the structure and look for a continuation to the upside.
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
BTC/USDT Possible MovesHello Traders
After a huge crash, BTC has settled for a while around 18k.
There is no doubt that we entered Crypto winter and it could last for months(4-8 months more or less).
BTC showed some gains few days ago but they all wiped till now, that means Bearish Sentiment/momentum is still strong.
But we might see some upward moves as corrective movements.
Anyway possible moves has been showed in chart.
Keep Safe
Thanks for Reading
-RC