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Terra LUNC - 47% drop is in-play! Maybe there is nothing that can stop an upcoming dump on LUNC at all. The bears are really strong here and we are currently 60% down from the previous swing high. As you can see, the price is breaking down from the local descending triangle and heading downward to the abyss. Also, we have a descending parallel channel , and we can possibly touch the bottom of the channel! If you think LUNC is a great coin, then you can buy LUNC at 0.00013, which is a reasonable place to buy because there is a great confluence. As per my Elliott Wave analysis, the uptrend from September 26 to October 2 was just a 2 wave corrective move. This is definitely not what you want to see as a bull. You can be sure I will also be bullish on LUNC, but first I want to see some bullish price action, and this is definitely not a bullish price action! But on the other side, this coin is a perfect opportunity for the bears to short this coin on the futures market. Look at my idea about XRP in the related section down below. For more analysis, hit "Like" and "Follow"!
Short
by UnknownUnicorn2537518
50
Terra LUNC | Last chance to sell before it crashes again! LUNC now offers an amazing opportunity to sell your coins before it crashes again, which is really great! Also, you can enter a short position on the futures market to profit from this upcoming move to the downside. This chart is definitely not bullish. I see a big bearish downtrend that is in progress. The price is clearly moving in the parallel descending channel on the 4h chart, so theoretically we can still go up a little bit. According to my Elliott Wave analysis, the first impulse wave has finished and we are in an ABC correction followed by another impulse to the downside. My target is 0.00012000 USDT, then maybe we can start a brand new uptrend to new all-time highs. It's possible, but I am not buying anything named LUNA, LUNA2 or LUNC. In my opinion, the volatility will go down and the price will go down slowly. Forget about LUNC, you are too late for the bull party. If you are a lover, buy it lower. For more analysis, hit "Like" and "Follow"!
Short
by UnknownUnicorn2537518
65
Terra Classic LUNC - More downside is coming! | Elliott wave The bull party for LUNC is over, and now we need to regain strength again at lower levels! Many people have lost money in UST and LUNA in the past; there is no trust in these projects, and I would never buy them for long-term speculation.  Maybe that was just a scam pump. I don't even know if someone can trust these coins named Luna, LunaC, Luna2. It looks like a pump and dump game for whales. Better to short it on the futures market to make some money or just stay away. That's my recommendation. I'm not saying we'll go straight down; rather, the price may print a triangle before continuing to the abyss.  As per my Elliott Wave analysis, a major impulse wave has finished and we are looking for a retracement to the downside. 0.618 FIB, or 0.5, is a classic correction for a first impulse wave, and it fits perfectly with the previous horizontal support exactly at 0.00011 USDT. It looks like a sweet point to buy LUNC again if you are bullish about the next possible uptrend. I expect tremendous gains for Golem (GLM). You can find this altcoin in the related section down below. For more analysis, hit "Like" and "Follow"!
Short
by UnknownUnicorn2537518
82
LUNC taking a break - time to go for a walk! (New entry idea)Here's a quick look at the 2 hr. LUNC chart. As we can see, the price has been forming a bigger falling wedge. The best entry would be when the price breaks above 0.000315$ with a good amount of volume . ------------------------------------------- The idea is: Buy when the price breaks above 0.000315$ and take profits at the levels shown in the chart. Targets: 1. 0.00034$ 2. 0.00038$ 3. 0.00043$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure. 3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
by MBM_Crypto
10
Terra Classic (LUNC) completing bullish Shark for upto 49% pumpHi dear friends, hope you are well and welcome to the new update on Terra Classic (LUNC) with US Dollar pair. In a 1-hour time frame, LUNC is about to complete the final leg of the bullish Shark pattern. There is also a hidden bullish divergence, as the priceline is forming a higher low, and Stochastic is setting a lower low. 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
Long
by moon333
4