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LUNCUSD

Make sure before enteringThe LUNAC currency has formed a corner pattern by coming out of its downward trend, which has not yet been completed, and the price of entering this currency is by breaking the blue box and stabilizing on this range. Of course, it is better to check and analyze before entering, and to check the momentum, divergence, and strength of the break. But if there is no failure, two support ranges have been specified for this currency. Follow us to make us happy
Long
by karaco2022
2
LUNC/USDT Main Trend. Coin after the LUNA (UST) scam.Logarithm. Main trend. The time interval is 1 day. LUNC is a fork after the LUNA scam. Such cryptocurrencies can both make a lot of profit as a percentage and lose. When working with such assets, follow money management and risk management. Despite the pumps and dumps of this cryptocurrency, its price is now at +222% of the minimum values. So if you are working in the long (a breakout of the reversal level), then be sure to limit your risk with a trivial Stop Loss. Move it as the price increases. The key local levels, on which the development of the trend (Pamp/Dump) depends, are shown with arrows. It should be noted that the price is now artificially restrained by the orders in a relatively narrow range. An important date for the markets in general will be February 1 in New York (Federal Reserve's interest rate decision). This will be reflected not only in the stock market, but also in the cryptocurrency market. Consequently, we can well expect a strong price reaction, including in this cryptocurrency closer to the event.
by SpartaBTC
53
LUNC Terra Classic $605 Million valuation problemThe valuation of LUNC Terra Classic at a market cap of $605 million raises concerns, particularly considering the project's current state of inactivity. As a community-led project that has become stagnant or defunct, such a high valuation appears to be disproportionate. In my opinion, the valuation for a purely speculative token like LUNC should be re-evaluated to align with a more realistic assessment. A market cap of around $50 million seems more reasonable, considering the absence of recent development or active engagement. So add another $0. Looking forward to read your opinion about it.
Short
by TopgOptions
5
Price Test Potential and Strong Demand AreaLUNC, a cryptocurrency with an intriguing name, is currently displaying some interesting market indicators. The Relative Strength Index (RSI) stands at 53, indicating a neutral sentiment in the market. This suggests that the buying and selling pressures are relatively balanced, neither favoring the bulls nor the bears significantly. Another indicator to consider is the volume oscillator, which is currently at -2%. This implies a slight decrease in trading volume compared to the average level. While not a significant drop, it does indicate a relatively quieter period in terms of market activity. In terms of price action, LUNC has shown a noteworthy pattern in the past. At one point, it experienced a remarkable 30% gain from the $0.000084 range. This surge demonstrated the potential for significant price movements within this cryptocurrency. However, on its second attempt to reach this price range, LUNC encountered strong resistance, suggesting a potential barrier for further upward movement. Considering the current situation, it is possible that LUNC may test both the previous resistance and the upper boundary of its descending channel. This implies that there is a chance for the price to reach the same level as before or potentially break through the descending channel's upper limit. One interesting observation is that LUNC has exhibited positive reactions when encountering support levels. This suggests that the observed support area, particularly in the $0.000084 range, can be considered a strong demand area for the long term. Buyers have shown interest and have stepped in to support the price, indicating a potential buying opportunity. Overall, LUNC has the potential for significant price movements. While the RSI suggests a neutral sentiment, the historical price action and reactions to support levels provide an interesting outlook. Traders and investors should closely monitor LUNC's movement, particularly as it approaches the previous resistance and the upper boundary of its descending channel, as these levels could determine its future trajectory.
by MonoCoinSignal
8
Terra Classic Analyze [Road map!!!🗺️(04/10/2023)]!!!Terra Classic is running on descending channel. Let's look at Luna on the daily time frame from Elliott Wave theory. It looks like Luna is forming a Doube Three Correction(WXY) correction structure, and I expect microwave A from the main wave Y to finish near the 🟢heavy support zone🟢 and then move to the upper line of the descending channel should grow🚀(➕40%). Terra Classic Analyze ( LUNCBUSD ) Daily time frame⏰ (Log Scale). Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
L
by pejman_zwin
8
LUNA classic movement analysis. LUNCUSDT 📈 UpdateHello guys, This is an update of previous analysis (blow link), Everything is explained on the chart for you like always. The price has broken its resistance level and now retesting that and good point to enter buy position. The targets will be 25 and 35. Of course you should also monitor BTC's situation. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below to me
Long
by ArashBanakar
5
LUNA classic movement analysis. LUNCUSDT 📈Hello guys, Everything is explained on the chart for you like always. The price is below an important resistance but considering the number of hits to the level, I expect a break. So after breakout and pullback as a fixation will be a good point to enter buy position. The targets will be 25 and 35. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below to me
Long
by ArashBanakar
9
LUNC to pump⛽ again? 2Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free. Luna Classic seems to be ready to break up this triangle 📐 and IF successful I think there is chance for run to 0.00021078 and even higher. ENTRY : local high @ 0.00017974 STOPLOSS (SL) : local low @ 0.00017337 TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 0.00021078 REWARD RISK RATIO (RRR) : 4.8 INVALIDATION : when SL level hit The setup reminds me of this👇 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.
Long
by bizmark
1
LUNC/USDT in deep trouble! Will Bulls Jump-in?The crypto markets have yet again fallen under the bearish influence as the larger tokens have squeezing out their profits after remaining inflated for the past few days. Meanwhile, the TerraClassic (LUNC) price is no exception as the current trade set up indicates either the token is extending its consolidation or ready to dive deep soon. LUNC price has been trading within a bearish triangle from quiet a long time but after the price rebounded from the support, a ray of hope of a bullish breakout flashed. However, the fresh sell-off challenged the bulls, compelling the price to plunge and head towards the lower support zone. The token now may either drop down to trade within the support zone, hit the last point of defence at $0.0000868 and reclaim the levels beyond $0.0001 again. Else the more likely outcome could be an extended consolidation just below the pivotal resistance at $0.000155 for a while, until the bulls strengthen their grip and rise beyond the resistance.
by Coinpedia-Market-Insight
2