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
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LUNCUSD
LUNCUSDT - 18% potencial profitLUNCUSDT - 18% potencial profit. .................................................................
LUNCUSD H4Strong impulse previously to the upside, breaking through resistance to create a higher high. Price has now pulled back & retested broken resistance structure as support, where we see some consolidation taking place. Price could now be preparing to continue the uptrend above this region here for a potential higher high towards the previous all time high.
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...
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.
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