LUNC targets*log scale
Terra Classic is rising from ashes. It broke out of this triangle📐and my targets for longs being as follows:
- TARGET1: height of the triangle projected from midpoint of the local range @ 0.00017090
- TARGET2: resistance @ 0.00025600
- TARGET3: resistance @ 0.00033200
Check my recent LUNC short-term trade 👇
Just a reminder how not being greedy can pay off 👇
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
an hour ago
LUNA
Lots of bullish arguments happening on the 4 hour chartAfter the bullish run we are not having what seems to be a bullish consolidation happening on the 4 hour. First we have the bull pennant formed. The supply line of that said bull pennant just so happens to be the breakout line of a bullish dragon. When ever dragons appear you more than likely will find a harmonic pattern. In the case of Luna Classic we have a gartley harmonic pattern showing if the dragon and bull pennant breaks to the upside. Also we have a bearish 3 line strike that just appeared on the last candle close. For those that don't know the 3 line strike pattern is a reversal pattern, so a bearish one actually means its going to be a bullish reversal. The RSI and MACD are both showing hidden bullish divergence. Which calls for a continuation to the upside.
LUNC about to go higher!Here's a quick Look at LUNC 1 hr chart. As we can see, the price has been forming a bull pennant and a break to the upside could be around the corner. If BTC goes south, then this setup won't be relevant.
The best entry would be when the price breaks above 0.0000255$ with a good amount of volume. One to keep an eye on.
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The idea is: Buy when the price breaks above 0.0000255$ and take profits at the levels shown in the chart.
Targets:
1. 0.0000265$
2. 0.000028$
3. 0.00003$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis, a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Luna classic next target Luna classic has risen from the dead.
1.2 percent burn on all Luna classic buys could push this coin to 1 dollar.
In the next 2 years
2 ways we can do this staying as cheap as possible so the burns blow through the coins..
Or as the price doubles so does the volume. The burns will take the same time to decrease circulating coins.
Also 7 percent of all all coins right now are being stakes which also decreases circulating supply.
Right now we are creating a flag pattern with the break out zone around the 7th which is the day the vote takes place on the 1.2 percent burn.
Breakout will take us to the next fib of around .00039
LUNC is on fire!🔥Please 1st of all smash the boost🚀 button to support my work if you like it! It's absolutely for free.
Terra Classic being very generous cash💵 machine these days. To put things in context please see the idea down below first:
So TARGET3 still yet to be hit. Now on lower timeframe (15m) the price is trying to break this local downtrendline resistance. Once broken we could see the run to my last target @ 0.000332, where I will be completely out waiting what's next. I see two possible paths (as shown). The blue/red uptrendline & TARGET2 should act as supports. I don't want to see price dropping below the orange support
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LUNC another bullish setupPlease 1st of all smash the boost🚀 button and follow me to support my work if you like it! It's absolutely for free.
Terra Classic is just breaking this triangle📐 and I think there is chance for run to the TARGET3. Setting BUY STOP-LIMIT order to range high to catch🎣 the breakout.
ENTRY : local high @ 0.000283
STOPLOSS (SL) : local low @ 0.0002677
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - STOPLOSS) @ 0.0003319
REWARD RISK RATIO (RRR) : 3.2
INVALIDATION : when SL level hit
For further reference see this...
...and this...
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LUNC Head&ShouldersTerra Classic
This is a follow-up the idea down below:
After false break out of this triangle price dropped back down into the triangle, broke the triangle lower edge, formed Head&Shoulders pattern and broke it's neckline all of which is bearish at least in short-term. Fast moving/changing market. Neckline corresponding with TARGET2 and H&S TARGET corresponding with the TARGET1.
TARGET1 & TARGET2 come from this idea:
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LUNC/USDTwell well well . we came backed to #LUNC . may it be pump like before 50x or more ? , will see . TA : so there is super strong support at 0.00009 $ . also BB break out coming .
FA : there is many amazing new for Lunc or Luna . on of them is new listing in poloniex exchange . check it twitter.com . it listed yesterday and super big pump coming .
BNX : THE TIME BREAKOUTThis channel made to track the best possible breakouts of times.
But know that there is no guaranty we could get always the right breakouts. but we try and learn from data of other increase, on this to build a strong data what could support to see next breakouts.
BNX seems to have a high possibility to enter new breakout. Interesting to see or it will get above 135 usd level.
If it keep not confirmed above this level its not interesting for possible high chance breakout.
Trading with high risk is not trading.
There is 100% right into crypto. its all about high chances.
LUNCUSDT 4 Hour RSI Continues to Show Signs of WeaknessI'v Been Awaiting the 4 Hour RSI to Show Weakness before attempting a Second Short on LUNC as the Bearish Dragon Watch is still in effect and we are still trading between the 50% and 61.8% Retraces; Once the RSI breaks through the Bearish Dragon Triggerline we will likely be in full on Warning Mode of coming back down to fill most of the Voids below.
I believe that during this time we will see the RSI make an 88.6% retracement before continuing higher.
LUNCUSDT Channel Up since June. Pull-back or break-out?Terra Luna Classic (LUNCUSDT) has been trading within a Channel Up since the June 09 Low and at the moment it is very close to its top (Higher Highs trend-line). Technically and with the 4H RSI overbought on the same level as June 27, it is very likely to have a pull-back towards first the 4H MA50 (blue trend-line) and then the 4H MA200 (orange trend-line) before settling near its bottom (Higher Lows trend-line).
A closing above the Higher Highs trend-line though, can see a sharp bullish break-out to the 1.5 Fibonacci extension level.
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ATOM/USDT 1D COSMOS CRYPTOCURRENCIESATOM/USDT 1D BYBIT:ATOMUSDT
price $11.985 bybit perp, bullish for a long to 12.475, take profit on the climb up.
resistance at 12.475, which has been rejected multiple times,(bearish), I would short, with tight stop loss,
combined with being in a rising wedge, channel (bearish) we would need big volume to smash the resistance,
rsi would need to be more oversold in the coming days for me to be bullish, as well increased buy volume.
I am expecting rejection at 12.475, falling to 11.200, then 8.530 at some point in September.
that's my bear case theory. I do like cosmos/atom and am bullish in the long term, I think its a great
project and has many good projects running on it.
LUNC ( LUNA CLASSIC) GOING FOR MORE Luna classic looks to have a good effect since last 10 days.
until now its still into green cycle.
As long its on green cycle its prefect to hold - but same time mange the risk well in case there will be a pullback.
There is a possibility that the price can increase more with next 30 % or more coming time.
LUNCBUSD: Bearish Shark with RSI Weakness at 50% RetracementLUNC is currently trading between the 88.6% and 1.13% Range of the Pattern Completion Zone and is also at a 50% Retrace from High to Low. At the sametime the MACD and RSI are Bearishly Diverging but what i'm paying the most attention to here is the RSI Trendline that seems to be forming some kind of Bearish Dragon which if it breaks will most likely be the start of a Bearish Retrace to lower levels. I will have two targets here. The first target will be for LUNC to take back Half of the Harmonic and the Second target will be a 100% Recovery of the Harmonic. If we take back 50% i will take 50% off the trade and buy more LUNC with 50% of the profits and if it tak4es back 100% i will close off the remainign half of my shorts and use 50% of that to buy more LUNC.
LUNA...LUNC... SHORT POSITIONHELLO guys
luna is still bearish did not any confirmation for long position yet...
i recommend you get short position until that zone break up or engulfed then wait for retrace to get long position
always do your own research.
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LUNA Classic: Head & Shoulders Bearish BAMM at the .618 RetraceLUNC has made a 61.8% Retrace from the High to Low and is now formed a Bearish Potential Bead and Shoulders Pattern, If it breaks the Validation Line the pattern will be confirmed and we will likely see it Go for the BAMM Targets of a Bullish Bat which would be the 88.6% Retrace below.
LRC SHOWS A SIGNAL OF BREAKOUT FOR NEW HIGHDear traders,
LRC shows on long term a breakout signal view what even can go above the 3 usd - this depending on the TA study and volume ranges of the coin.
Its important that LRC get over the 1.80 to make new trend to the breakout.
LRC is one of the top coins that have a view for breakout coming time.
Also depending on whale wallet show - it seems its positive increasing, what this mean the time will show it.
Unexpected trends could happen coming time on this coin, as some volume structures shows this coin could have soon a breakout.
This not a finance advice, trade safe.
- LRC trading now stable - and on low time frame it shows not much effect.
LUNA 2.0 can go 10x coming time and this is why!Dear traders,
The all time high of Luna 2.0 was around 19 usd at may 2022.
Since the breakdown trend of market and more reason - Luna 2.0 did breakdown.
Luna 2.0 looks very interesting for coming time - since the owner Terra founder Do Kwon discusses LUNA 2.0 and the prospect of a Terra model and that he are behind the project, its him Home to make this project again great - ofcourse we never should have 100% believe in any crypto project - that's why a trading structure volume is important in this way with the adding of TA.
My expecting and its 100% personally - further no finance advice.
I believe that Terra owner can get some trust back - even binance support him on this, you can seeing this also by the coin Luna 2.0 on binance exchange, further he trying to get back into the development zone and to make some new YouTube interviews to explain what happened and to rebuild - and with the idea that he is building on the system.
This is article are not so that you need to invest in luna 2.0 - as luna needs a mega of investments from whales.
And knowing that it need huge volume to get some real effect.
its an expecting update that showing that we can see coming time a new huge chance on the Luna 2.0 area.
As the title says - Yes even the All time high of 19 usd is possible!
This with the long term cycle. As long there is good risk management on the investment its support the loses very much.
How the price action can go?
first of all its important that Luna 2.0 going above 2 usd - and on the level of 2.80 is very important level for breakout to even above 4 usd.
From there the price can stay stable with trading between the 3/5 usd area. and if development going further and some price action from the long term whale effect could bring Luna to 10 usd. that would be a mega price action, and from there it can take some time before hitting the level between 11-16 and even more to all time high.
* it means not that it should go exactly on this way - but this are a scenario how the trend can play.
This not means that this could happen in fast time - its long term expecting. with crypto you never know sure what it would go, but you have a way where there is more chance - and Luna 2.0 have this now.