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.
Lunc
LUNC rising from ashesTerra Classic breaking out of this triangle📐 with target @ 0.00017090. Setting BUY LIMIT order to previous range midpoint to catch🎣 the pullback.
ENTRY : midpoint of previous local range @ 0.00015660
STOPLOSS (SL) : local low @ 0.00015187
TARGET (TP) : height of the triangle projected from midpoint of the previous local range @ 0.00017090
REWARD RISK RATIO (RRR) : 3
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Failed Extended Range Candle
Hi everyone. A Possible scenario is shown in the chart (a reversal candle).
The time is now. Lunc will go to the moon.The lunc will go to the moon from now to 9.12(The burning day).
I think lunc total value will reach at least rank 20th.($5billion), now the lunc price is $1billion, so the price will pump 500%+.
hold is never easy, good luck.
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.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment.
BE PROFITABLE
LUNA : THE BREAKOUT MOMENTLuna 2.0 processing for new breakout trend.
A price action above 2.50 means a breakout price action change in term of TA.
Five Wave move for LUNC completeAs ever, i'm no Elliot Wave count expert, but looks as though LUNC has completed a 5-wave up move.
Nicely up to the previous swing high of ~16000.
The fact that this 5 wave move is in itself part of a longer time move, and this is simply wave-1; only time will tell. If that is the case, maybe bring our attention to the 0.618 retracement zone to look for where price might land.
As messy as it is, and im sorry for that, but here you have some horizontal lines of resistance/support to watch on any retracement. Also overlaid is the fibonacci retracement mapping, with the key lines.
Wishing you all the best as ever.
TODAY - TRX DAY?TODAY - TRX DAY?
TRON on day trading seems interesting.
#Main markets are still bear - Manage your risk and this is not finance advice.
LUNC & the Pennant Pattern
good day traders,
looking at the chart you might recognize what called pennant pattern, a continuation pattern, and if that is true then Lunc price might pump soon.
but price going below 0.00012 level might weaken this pattern, so trade wise.
good luck
Chance knocks your door 4 times and then breaks itThe song on my mind is heaven's door.
Consolidating above 0.0001311 resistance and knocking the door above is priceless
LuncusdtBurning will start on September 12th, so guys with big bags will try keep the price low until the end of October 2022 so that more LUNC could be burned at least a trillion (1/7 of total supply). After that price will start rising. Just the same as BTC
Climb a new peak ( Lunc 1200%+ )According to the chart, Lunc is ready for climb a new peak. Lunc rise 350% in the last time. and it will rise more than 1200%.
hold is never esay .
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.
LunC UpdateFollowing my last post; I was waiting for a short term pull back. That time frame has now been fulfilled and there is now a viable ABCDE wave 2 retrace. This of course will only be confirmed with a break up and out of the top trend line. This is not guaranteed. The triangle is a symmetrical set-up which means market indecision. It is neutral and has a 50% chance of breaking up or down. I am personally leaning bullish until a confirmed break down, however.
LunC Short term Pull backLooks like a 5-wave minor 1 has been completed. Probably a "sell the news" event due to staking being re-activated. Expect a pullback now for a week or 2 before the next leg is kicked off by the on-chain burn tax news.
(I was unsure of the actual wave 2 minor ending which is why I have marked out the 2 possible end points - not that it matters or affects the count. Purely pedanticism.)
RLC - THE NEW INCREASE TIME RLC Seems to be ready for new increase - on the low time frame
Its one of the interesting coins at the moment.
Targets.
Possibility between 10% -55 %
# No any idea of this channel is a finance idea.
Lunc is nearly ready for another leg up After a 3x jump , LUNC/BUSD pair was in a symmetrical triangle consolidation for nearly 5 weeks now. It is going to end in one week or so.
MACD momentum is nearly getting into the positive zone day by day and Bollinger Band indicator closing it's mouth. That indicators show us that a movement is coming soon.
The direction of the movement is effected by all over market sentiments and ofcourse bitcoin price. In my opinion BTC is going to test 26k/28k levels in coming weeks. Little bro terra Luna 2 is doing well and showing intentions moving upside. And LUNC burning expectations keep traders in touch . And people think that nothing can go down forever. LUNC has a big social media community which is actively sharing news every day.
According to that facts explained above, i think that the imminent movement's direction is up side and a possible senario of it is drown on the chart.
Good luck all in your trades and thanks for reading. Remember to be carefull about every step you take in this hard to predict crypto market.
The best time for Lunc As the saying goes “how long the price is the horizontal and how high is the vertical”
Lunc will complete a very obvious pull-up from now to 9.12(on-chain burning day)
The reason:
1. Lunc has been trading with low price more than 3 months. The big player has buyed enough cheap chips.
2. Only when the Lunc price rises significantly will more people choose to stake.
3. The market will reach the climax in the short time, bcause of the on-chain burning day.
So it is a good time for Lunc, Maybe the best time.
GALA / USDT WEEKLY BUY SIGNAL!!!!!!!Gala approaching a very important resistance, if we break this to the upside we’ll see a price of 0,36 max.
Goodluck and DYOR!!!
LUNC/USDT Maybe Spiking Today AgainLUNC/USDT (I think) might be getting ready for another spike like the other day. I put a market buy in, with a SL of -1% and trailing take profit at 5% -2% trailing.
NOT Financial Advice! : )
LUNC/USDT LONG1. Broken resistance zones.
2. Entering a position on a retest.
3. Trade in the direction of the trend.
