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Luncbusd

Luna classic (LUNC)Hello there, After a 500% run from July onwards LUNC shows that it could be interesting. It moves frequently up and down which makes it attractive for me. At least for short/medium term. I will watch 0.0001700 area being under 0.236 of Fibonacci retracement level from the top 0.000592 to down 0.00008597. I know that Luna does not have a positive story around it, with -98% four consecutive days, but anyway I would take a small chip. Let's see how it works. Kind regards.
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by Christash
1
LUNC daily 3 line strike!!On the daily chart we have a confirmed bearish 3 line strike pattern confirmation. Don't let the name fool you it's actually a bullish pattern. The 3 line strike is a reversal pattern normally appearing at the end of a trend. We should be poised for more upside in the coming days and weeks as this marks the possible bottom for LUNC. The RSI on the daily has came off the massive overbought territory and has now creeped back into the bullish control zone. The MACD is also showing hidden bullish divergence
Long
by bitcorns-trader
2
Lunc will go the moon (2000%+)Everything we saw was a script, Binance has 40% lunc, and cz will support off-burn later. Everything is for hype. Who has more Lunc, and who has the motivation to increase the price of lunc. When the party will start ? Maybe tomorrow or later, when most people donot believe lunc. When the party will end ? When most cex support Lunc burn off-chain ( maybe 3 or 4 weeks later). Lunc price will touch $0.006+(2000%+). Hold is never easy, Good luck.
LLong
by haishinage
16
LUNC 4h diversion on RSI versus PriceLUNC drops more than 50% from the big parabolic move it made over the last few weeks. 1) When we use the Fib Retracement tool we can see that LUNC sits on the 0.618 golden ratio which is a perfect trace back from this parabolic swing. 2) When we look at the 4h LUNC-BUSD chart we can see that LUNC sits in a symmetrical triangle which most of the time breaks out to the top. 3) We also see on the 4h candles a diversion on the RSI versus Price. RSI goes up, price goes down which indicates that the price will go up. 4) Not visible on this chart but LUNC finds almost support on the 4h 200 moving average. Also a positive indication. Now that the 1.2% burn tax is in place we see some low burning values. A lot of people expected more of it and started to selling their LUNC. As long Binance did not published an announcement if they will support or not support the 1.2% tax burn on their spot and leverage trading I will hold my LUNC. Be aware, when the announcement is negative we could see a big dump. When the announcement is positive all other CEX will follow and we will see a big pump. Personally I will hold, but I have some stop losses in place in case of the negative outcome. !!! Don't forget to get profit in time or set alerts/stop losses. You can always buy it back when it is tracing back up. The chart will not go up in one straight line. Cheers and have fun. ° Be Patient – Don’t panic – Trade Emotionless. ° Never lose a winning trade. You can always get back in later.
L
by seoco
10