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
Luncbusd
LUNC is on fire!🔥Please 1st of all smash the boost🚀 button to support my work if you like it! It's absolutely for free.
Terra Classic being very generous cash💵 machine these days. To put things in context please see the idea down below first:
So TARGET3 still yet to be hit. Now on lower timeframe (15m) the price is trying to break this local downtrendline resistance. Once broken we could see the run to my last target @ 0.000332, where I will be completely out waiting what's next. I see two possible paths (as shown). The blue/red uptrendline & TARGET2 should act as supports. I don't want to see price dropping below the orange support
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LUNC another bullish setupPlease 1st of all smash the boost🚀 button and follow me to support my work if you like it! It's absolutely for free.
Terra Classic is just breaking this triangle📐 and I think there is chance for run to the TARGET3. Setting BUY STOP-LIMIT order to range high to catch🎣 the breakout.
ENTRY : local high @ 0.000283
STOPLOSS (SL) : local low @ 0.0002677
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - STOPLOSS) @ 0.0003319
REWARD RISK RATIO (RRR) : 3.2
INVALIDATION : when SL level hit
For further reference see this...
...and this...
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LUNC Head&ShouldersTerra Classic
This is a follow-up the idea down below:
After false break out of this triangle price dropped back down into the triangle, broke the triangle lower edge, formed Head&Shoulders pattern and broke it's neckline all of which is bearish at least in short-term. Fast moving/changing market. Neckline corresponding with TARGET2 and H&S TARGET corresponding with the TARGET1.
TARGET1 & TARGET2 come from this idea:
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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
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
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.
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 .
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.
LUNC 50% - 100% Profit Clear Bullish Falling Wedge breakout , Retest is done successfully
Entry Price - Now
TP1 : 0.000015
TP2 : 0.000018
TP3 : 0.000021
TP4 : 0.000024
$USTC : Bullish continuation Soon?USTC Had an insane rally in the past week and is currently now in a bullish pennant. Now the price broke out and retested toe broken red resistance line and i am Expecting continuation of the bullish momentum.
Also, No wonders if we see some more sideways before the uptrend continuation.
LUNCBUSD RALLY UPDATEWave degree appears dynamic at this point.
From June 8th 2022 low of 0.00004123 to June 29th high of 0.00016663 is 5 waves up- wave I of 3.
decline from June 29th high to July 4th low is a rather corrective than impulsive looking like a zigzag 5-3-5- wave II of 3.
Price above 0.00014298 July 1st high would suggest wave III of 3 is underway provided July 4th low of 0.00010100 remains intact.
Disclaimer: We accepts no liability whatsoever for any loss or damage that may result, directly or indirectly, from any forecast or opinion, information or omission, whether negligent or otherwise, within this report
LuncUsdt 15MinHello friends ,
It seems to be a classic pattern formed in the 15-minute time frame.
It will break in any direction, it will go in the same direction...
Of course, this is just a simple analysis, maybe I'm wrong...
Symmetrical triangle
Hey Traders,
a symmetrical triangle is a continuation chart pattern (after the triangle completes, the price will continue in the trend direction it was moving before).
LuncUsdtHello friends ,
I think the trend line is broken.
To trade, observe the loss limit...
Good luck...
LuncUsdt 4HHello friends ,
I did not pay attention to the higher time frames in the previous post.
According to the classic pattern formed in the 4-hour time frame, we can expect the price to increase, so I suggest buying.
Even in the half-hour time frame, it seems bullish at this moment.
Observe the loss limit.
Good luck...