LUNA Classic: Bullish Bat PCZ at Congestion ZoneLUNC was sent down to this support level after breaking through the B level of the Bullish Bat and confirming the breakdown with a Bearish 5-0, as seen here:
Even as the rest of the market has risen, LUNC continued its downward path to the support zone, and now, just as the rest of the market looks like it wants to take a break, LUNC has finally settled down within the support zone and has formed two levels of MACD Bullish Divergence as the RSI went to the oversold zone.
We might see LUNC do something that it has done in the past, which is to rally during a time of macro slowdown, as that's what the chart is implying right now.
Lunaclassic
LUNC Terra Classic $605 Million valuation problemThe valuation of LUNC Terra Classic at a market cap of $605 million raises concerns, particularly considering the project's current state of inactivity. As a community-led project that has become stagnant or defunct, such a high valuation appears to be disproportionate.
In my opinion, the valuation for a purely speculative token like LUNC should be re-evaluated to align with a more realistic assessment. A market cap of around $50 million seems more reasonable, considering the absence of recent development or active engagement.
So add another $0.
Looking forward to read your opinion about it.
Potential Price Stabilization or Prolonged DowntrendDuring the previous month, LUNC has displayed a persistent decline, reaching the weekly support range and reverting back to the initial range of the previous substantial upward movement. Positioned at the heart of this weekly support range is a robust support zone exhibiting substantial reactive strength, which successfully halted the downward trajectory of the currency upon reaching this range. Consequently, the prevailing conditions observed within the 4-hour time frame have transitioned the price trend into a consolidation phase.
Hence, if buyers endeavor to reinforce this currency and manage to breach the resistance of the channel ceiling at the $0.000096 level, we can anticipate price stabilization at the weekly support level, accompanied by subsequent price growth in the forthcoming days. Conversely, should the current support be breached once again due to selling pressure, the currency will endure an extended period of decline, with its recovery contingent upon the presence of sustained bullish market conditions.
LUNC, moving low key-- potential massive upside. BIGLUNC, is barely noticeable amongst other coins that have pump to heavens lately. It's moving lowkey -- but one has to magnify it to see what's cooking on this coin in terms of price action.
A massive accumulation at strong order block levels at 0.00012 has been spotted and an apparent bear momentum is already fading out on weekly data.
Expect some generous price action to the upside on this coin.
SEEDED L at 0.0001260
TAYOR
Luna Classic in potential ADAM & EVE BreakoutLooks like Luna Classic could potentially be gearing up for a breakout on the Eve portion of the pattern. met with a descending wedge on the daily.
Terra Classic Analyze [Road map!!!🗺️(04/10/2023)]!!!Terra Classic is running on descending channel.
Let's look at Luna on the daily time frame from Elliott Wave theory. It looks like Luna is forming a Doube Three Correction(WXY) correction structure, and I expect microwave A from the main wave Y to finish near the 🟢heavy support zone🟢 and then move to the upper line of the descending channel should grow🚀(➕40%).
Terra Classic Analyze ( LUNCBUSD ) Daily time frame⏰ (Log Scale).
Do not forget to put Stop loss for your positions (For every position you want to open).
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Luna Classic Bullish ScenarioLuna Classic has already experienced a lot of depression and sideways movement. I think the door is open for the big players…
TP: 0.0012-0.0013
That is all.
LUNA CLASSIC - DAILY ANALYSIS (BULLISH)Conditions in the LUNC market have been stressful for several months.
Many traders at LUNC have experienced liquidations in recent weeks.
I think this desperation has bottomed out and the big players are on the move.
I'm starting to look for a similarity between today (2/24) and the day before the big bullrun (August 21, 2022).
As for me, I am strongly bullish.
Terra (LUNA) formed a bullish Gartley for upto 18.50% pumpHi friends, hope you are well and welcome to the new trade setup of Terra (LUNA) with US Dollar pair.
Previously we caught more than 100% pump of LUNA as below:
Now on a 4-hr time frame, LUNA has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
LUNA classic movement analysis. LUNCUSDT 📈 UpdateHello guys, This is an update of previous analysis (blow link), Everything is explained on the chart for you like always. The price has broken its resistance level and now retesting that and good point to enter buy position. The targets will be 25 and 35. Of course you should also monitor BTC's situation.
Good luck.
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LUNA classic movement analysis. LUNCUSDT 📈Hello guys, Everything is explained on the chart for you like always. The price is below an important resistance but considering the number of hits to the level, I expect a break. So after breakout and pullback as a fixation will be a good point to enter buy position. The targets will be 25 and 35.
Good luck.
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Write your comment and opinion below to me
LUNC Breakout LUNC broke below our bullish support in orange and retested it on the LTF. Potential LUNC path to a price target of .00011 (triangle PT) but not convinced that will play out. Crypto holding up stronger than S&P 500, so LUNC trend could still be bullish.
LUNC to pump⛽ again? 2Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free.
Luna Classic seems to be ready to break up this triangle 📐 and IF successful I think there is chance for run to 0.00021078 and even higher.
ENTRY : local high @ 0.00017974
STOPLOSS (SL) : local low @ 0.00017337
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 0.00021078
REWARD RISK RATIO (RRR) : 4.8
INVALIDATION : when SL level hit
The setup reminds me of this👇
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
LUNA USDT READY FOR 50% PUMP ?After a four-month downtrend, Luna is ready to fly for a pump. Luna has claimed the previous resistance and is now in the consolidation zone. There are many reasons to long Luna such as Luna's fair value gap and Fab retracement etc.
ENTRY-LEVEL
1.50 OR 1.54
LEVRGE U Know 🥱
TAKE PROFIT
1.94
2.040
2.33
2.66
To the Moon
STOP LOSS 1.36
Luna Classic Important AreaLUNC Price right by several important areas. Price bounced off 100 hour MA (blue), triangle resistances (yellow) and 0.5 fib (grey). Either we see a rejection and price heads down to .000142 or we see price flip bullish and head to .000158
LUNC Crucial AreaLuna Classic sitting at .000156 right now which is around the 0.618 fib on the log scale and still within our bullish model. Invalidation comes if price falls below 0.5 fib at .00015
lunc short setupHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the LUNC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You