LUNC/USD Daily TA BearishLUNC/USD Daily bearish. *The case for a LUNA or LUNC recovery is getting weaker every time more questions are asked. The SEC is in the process of investigating the issuance of synthetic securities through Mirror Protocol and are now investigating Anchor Protocol (the UST depeg crash). FatManTerra from the Terra Research Forum followed the money and claims that even though TFL says LUNA (2.0) is 100% community owned, they still own 42m LUNA . And former Terraform Labs employees are now saying that Do Kwon either sold (or sent to a private wallet) $80m of LUNA a month leading up to the hack . Recommended ratio: 0.5% LUNA, 99.5% Cash. Price continues to trend sideways below $0.0001 as negative news just continues to pile on Do Kwon and LUNA/ LUNC. Volume remains High (low) and fairly balanced between buyers and sellers, indicating that interest is still there. Parabolic SAR flips bearish at $0.06, this margin is neutral at the moment. RSI has been flatlining at 14.25 for 30 consecutive sessions now. Stochastic is currently crossing over bullish at 84, the next resistance is max top. MACD remains bullish and is currently trending up slightly at -6.51; it is still technically testing -8.46. MACD is currently trending up slightly at 73.57 as Price continues to trend sideways below half a cent, this is bearish. If Price is able to break out above $0.001 then the next likely target is going to be a test of $0.01. However, if Price continues breaking down then it will likely fall closer to 0. Mental Stop Loss: (two consecutive closes above) $0.0001.
Lunc
LUNC LUNA Classic breakoutBroke out of a descending channel and a diamond reversal pattern. Measured move is 0.0000926 of the descending channel. The 1.618 of the diamond reversal is 0.000139.
LUNC community has initiated a 1.5% token burn on every transaction. This should in theory reduce the supply of LUNC to pre-attack levels in a year's time. I don't care about Do Kwon's Luna 2.0, it is just a mean to run away from Luna's failure. It has no Dapps and dev must port them from LUNC which is not going to happen in this market.
luncnew update
You can take advantage of this deal
🔴 Warning 🔴
Do not enter the deal until the entry price is reached
Good luck
LUNA BULL TRAP ONCE AGAIN! WATCH THIS BACK TESTING & HISTORY 👇LUNA is a Smart scam as mentioned earlier many people wanted to become millionaires with this DIP or Hard crush but the truth is this was rugged very smartly where people never wants to accept the fact while they have invested heavy into this shit scam. So with my previous analysis I have clearly mentioned that LUNA2.0 will never work again. The project has broken the trust built within the community.
And here is my chart and what I see on this shit show right now. So the recent pump is for another wipe out. People are starting to gamble again and again on LUNA where many retailers are going to get trapped into this. Try your luck and throw only what you can afford to lose. Expecting another new low soon after this fake rally. Good Luck!
BNB/Binance Coin drop is not over yet!🔥#BNB
▪️ Binance Coin hit support at $270 showing purchasing power. The RSI is oversold, I think we can see a small move up, but I don't expect any super movement, $290 will be the seller's level, from where the fall will continue.
💎I think you need to wait with purchases, the fall is not over yet.
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FTM/Fantom short signal🔥#FTM
▪️Fantom is overbought according to the RSI indicator, technically it has a chance for a pump, but if you look at bitcoin in a complex, I think you should not hope for growth in the near future.
💎Expect a decline to $0.3000 support
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ADA/Cardano for those who are catching the bottom, wait!🔥#ADA #Cardano
▪️In the near future, I expect a drop of -30%. Using only technical analysis, not only the coin itself, but also the main cryptocurrency.
💎 I think you should refrain from buying assets and wait a bit.
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Ethereum short guys!#ETH
▪️See how Ethereum overheated on RSI, also technically approached the trend line indicated on the chart, from which a fall always followed.
💎In the near future I expect a decrease, I indicated everything on the chart!
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
LUNC 1 hr chart... not much but enough to see short termLUNC 1 hr chart...the reason for the 1hr time frame
is bc there is hardly any data on this new asset...
Strong community which is great but lets see
what we have here. Stoch RSI is pretty high
sitting above 80, so if this can cool off between
.00008559 and .00008067 and then make a move
up into the first consolidation zone, that would be a
nice bullish move. supports and price targets
are the yellow lines listed.
Bitcoin we dive, friends!🔥#BTC
💎The last bitcoin forecast was not long in coming, it immediately worked out showing growth.
▪️ Bitcoin is currently trading at $31,500. I think it is worth thinking about closing positions, since I do not expect a strong growth further, I am aiming for a fall, other sources speak about this, where you can see the accumulation of orders for a fall.
Watch the chart carefully.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
2022 LUNC predictionLUNA died right when bitty etc. are near bottoming out, time to load up on LUNC whilst it's mega cheap, Luna died from fundamental purposes due to the domino effect of selling. nothing stopping LUNC to reach levels of LUNA apart from tainted reputation
Terra Classic LUNC short Entry Range, Take Profits and Stop LossLUNA/USDT short
Entry Range: $0.00008800 - 0.00009400
Take Profit 1: $0.00008000
Take Profit 2: $0.00007000
Take Profit 3: $0.00006000
Stop Loss: $0.00010015