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Lunac

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
Long
by Bitgolder
11
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
Long
by Bitgolder
4
LUNA CLASSIC LUNAC Inverse Head And Shoulders, Rally Imminent!Hi guys another quick update on Luna Classic. It looks like Luna has formed a nice inverse head and shoulders on the bi-hourly and is about to test the neckline around .000295. A break would initiate a minimum move to at least .000345 but likely to hit .000358 at the next resistance. Then a small correction and back off to the races I believe. The daily is looking really good so this move should be a good one. All is invalidated if we break below .000255 and go back into the falling wedge/bull flag. Then Lunac would likely retest the support of the wedge at around .000221, and then we will re-evaluate. If this wedge breaks to the downside a major correction to around .0009 ish will probably play out, but i am not leaning towards that scenario as the indicators and charts are looking good right now. This is not trading or financial advice this is just my opinion, and this asset is extremely high risk and speculative; however the reward is also extremely high. Thank you and good luck everyone.
Long
by Bitgolder
4
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.
Long
by Bitgolder
4
LUNA CLASSIC / BITCOIN FRACTAL PAGODA, POSSIBLE MAJOR WASHOUT!LUNA looks like it has completed the head and shoulders patter I spoke about in my last chart and has broken below the neckline of this massive pagoda. This is not good and it can bring Luna down hard to possible lower lows if the drop is extended. I am seeing a correction to at least the .00012 area on a measured move of the cup and handle on the lower degree of trend. The higher degree of trend head and shoulders where the Pagoda was completed and is now trading below would give a measured move of about .00003 which is a real ball buster and I hope it does not play out. The thing with the pagodas is that if the lower degree of trend head and shoulders that form within the pagoda all play out and complete, the chances of the larger degree of trend head and shoulders to play out is lowered. Still possible but lowered. So here is something else I found. Bitcoin back in February/March of 2020 had this exact pattern almost and I saw the pagoda forming but thought that because the other smaller head and shoulders played out that we wouldn't see the huge drop. I was wrong and Bitcoin went from almost $9000 down to $3700, which was an even greater correction than the measured move. The measured move was only down to about $5000. The measured move is at least where its going, most times measured moves are extended when fear and uncertainty is high, which is exactly what we have now. So LUNA could possibly go to lower lows on this drop if the larger degree of trend head and shoulders plays out. The break has already happened below the neckline, and we are failing miserably trying to get back above it. It looks like its going for one more touch now and if it cant break the neckline resistance then I will be selling, and putting a buy order in around .00013 for the bounce and determine from there whether we are headed lower or if we are recovering. INVALIDATION: If Luna can rally and close about .00033 on at least a 1 hour preferably a 4 hour then I believe that the correction wont be as steep and a target of about .00014 could be the bottom of the current correction, before moving back up. Also today there was an arrest warrant put out for Do Kwon, this is confirmed by multiple reputable news sources. This shouldn't be bearish for Luna classic but it causes fear and people sell. Most haven't seen this news yet also it just came out a little while ago from posting this chart, just saying. This is just my perspective and my opinion, this is not financial or trading advice. Thank you all for the support and hit that like and follow me for constant updates.
LShort
by Bitgolder
1
TERR LUNA CLASSIC LOOKING BAD SHORT TERM! PAGODA EFFECT!LUNA looks like it has completed the head and shoulders pattern I spoke about in my last chart and has broken below the neckline of this massive pagoda. This is not good and it can bring Luna down hard to possible lower lows if the drop is extended. I am seeing a correction to at least the .00012 area on a measured move of the cup and handle on the lower degree of trend. The higher degree of trend head and shoulders where the Pagoda was completed and is now trading below would give a measured move of about .00003 which is a real ball buster and I hope it does not play out. The thing with the pagodas is that if the lower degree of trend head and shoulders that form within the pagoda all play out and complete, the chances of the larger degree of trend head and shoulders to play out is lowered. Still possible but lowered. So here is something else I found. Bitcoin back in February/March of 2020 had this exact pattern almost and I saw the pagoda forming but thought that because the other smaller head and shoulders played out that we wouldn't see the huge drop. I was wrong and Bitcoin went from almost $9000 down to $3700, which was an even greater correction than the measured move. The measured move was only down to about $5000. The measured move is at least where its going, most times measured moves are extended when fear and uncertainty is high, which is exactly what we have now. So LUNA could possibly go to lower lows on this drop if the larger degree of trend head and shoulders plays out. The break has already happened below the neckline, and we are failing miserably trying to get back above it. It looks like its going for one more touch now and if it cant break the neckline resistance then I will be selling, and putting a buy order in around .00013 for the bounce and determine from there whether we are headed lower or if we are recovering. I also want to say that if we do drop significantly, we will probably have a super fast recovery, probably V shaped, kinda like Bitcoin did in 2020. INVALIDATION: If Luna can rally and close about .00033 on at least a 1 hour preferably a 4 hour then I believe that the correction wont be as steep and a target of about .00014 could be the bottom of the current correction, before moving back up. Also today there was an arrest warrant put out for Do Kwon, this is confirmed by multiple reputable news sources. This shouldn't be bearish for Luna classic but it causes fear and people sell. Most haven't seen this news yet also it just came out a little while ago from posting this chart, just saying. This is just my perspective and my opinion, this is not financial or trading advice. Thank you all for the support and hit that like and follow me for constant updates. I will be posting a chart right after this one comparing Bitcoin's Pagoda AKA Rona Dump, in Feb/March 2020 to this one. The fractal is very similar almost exact. Im not getting shook out of LUNA, I am selling now and then re-buying at lower levels and doubling my holdings.
Short
by Bitgolder
LUNA TERRA CLASSIC USD CUP & HANDLE BULLISH MOVE TARGET $.00054LUNA has formed a cup and handle after its bounce from the death drop. There has been some serious interest in LUNA CLASSIC these day by big whales. Wallet activity shows a lot of accumulation and some by big wallets. One wallet has been accumulating large amounts and depositing it into a wallet owned by Binance? This is a direct copy and paste from part of the article. This wallet accumulated around 8.5 billion #LUNC and dumped it all into the 2.6T wallet that I hear belongs to Binance. After dumping that it has since started accumulating again and is currently holding over 700M. Is this Binance loading up??🤔🤔Although it was not confirmed whether the receiving address belongs to Binance, the exchange’s CEO CZ confirmed a few days ago that a burn is necessary. This might point towards better times ahead for LUNC if its supply reduces significantly courtesy of a token burn.LUNC has other things going for it. For example, outflows from its supply held by whales bottomed out at 43.57% on 12 June and increased to 43.78% by press time. This confirms that whales have been buying LUNC in the last three days, thus the bullish pressure build-up. In fact, the volume also saw a significant increase over the last 24 hours of 15 July. Now just imagine this for a second. Imagine CZ who is salty about losing billions from Luna crash is actually buying up the excess trillions and then BAAM he makes a post and says I'm going to burn 4 trillion coins in one day. Imagine the hype around that and the respect from the LUNA community he would get if he did something like that. He would also probably make many more billions in profits than he lost if he did that. Then the consistent burn of 1.2% and LUNA could easily see $.10 in the nearer term and single digit dollars over the longer term and then perhaps way down the road when LUNA has redistributed and gone through its boom and bust cycles and the burns have brought supply back down to the hundreds of millions or billions LUNA could see double digits and triple digits. Sure this is all hypothetical but thats how big money is made when you go from a hundred dollar investment to a millionaire. Don't think its possible, go talk to some of the DOGE millionaires and SHIB etc. There is tons of them. Anyways I wish you all the best of luck. LUNA for me is a no brainer. I'm loading up. This is not financial advice this is just my opinion. Thank you
KRAKEN:LUNAUSDLong
by Bitgolder
3