This is the hourly chart for Luna Classic Price briefly dips below the horizontal support just to rise up form a flag and continue a large run This has been seen in the earlier green rectangle and can be seen to be dipping below the horizontal in the current green rectangle Very Bullish I believe we are in a disbelief phase for cryptocurrency.
PIVX is on the move and being accumulated it looks like to me. PIVX had a multi year correction consolidation which is understandable considering it went up 667,000%. That's right Six Hundred and Sixty Seven Thousand Percent. So anyways PIVX found some solid support around the $.10 cent mark and is now starting its next bull run. There is an inverse head and...
LUNC, as I have said before in my other charts is about to drop like you've never seen before. The break of this descending triangle is going to be ugly. I also don't think the measured move down will stop there. Once LUNC heads to those lows everyone who is staked and "believers" will suddenly become non-believers and they will unstake and sell their positions...
Eyeing the light red trendline, the 100 H MA (purple) and any relevant patterns for signs of a trend reversal. Strong bullish divergences on the MACD and ROC, and similar divergences can be found on other oscillators. Trend reversal confirmed when price breaks out from trendline and 100H MA on increased volume & momentum, and TP ultimately at the light green support.
Hello 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...
Hello 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...
Hello 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...
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...
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...
LUNA classic has been in free-fall since reaching its high. It broken through all major support and the downtrend continues. There is a drive of hidden bullish divergence on the hourly so a bounce today and tomorrow up to .00026-.000275 is possible and likely before being rejected at resistance again and continuing its downward journey. There is no real support...
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...
Im 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...
So the FED spoke, and they said what everyone expected, nothing special. Luna had a nice big wick down, great short entry right before the release, and then it pumped right back to where it was, great quick long entry. Now Luna has formed a W bottom on the 15 minute within the triangle with the measured move bringing it to the same target I said this morning at...
Digibyte 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...
LUNA CLASSIC AND DGB DIGIBYTE HAVE A SIMILAR FRACTAL Back in early 2021 the hype for Digibyte was huge. There were so many videos, you-tubers, articles, Trading View popularity for DGB and what happened? it correct more than 90% from its hype high. Yes I understand that DGB doesn't have a burning deflationary mechanism but the emotion is still there. Im not...
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...
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...
Luna has been bouncing up and down within some support and resistance levels for a couple days now. I said yesterday that we would drop down to about .00026 and that happened. We didnt get down to .00024 because .00026 was decent support. Bouncing back up to .00029 and now we are ranging within those two levels. The larger head and shoulders has been formed...