LUNC BULLISH During what we predicted, LUNC was able to act and broke the triangle with a great momentum, and now it's time for him to say hello again to the ceiling of our triangle, which plays the role of support, this is the correction that was expected and then it should Let's wait for an attractive climb again
LUNCUSDT
**LUNC Surges with 17% Market Cap Increase!** Terra Classic (LUNC) is making a strong statement with a 17% surge in its market cap, now reaching $615,262,846! This impressive growth is reflected in the 4-hour chart, which reveals a clear upward trend with the price consistently breaking through resistance levels.
**Key Levels:**
* **Support:** Holding strong around $0.000087570.
* **Resistance:** Recently broke above $0.000095000 with conviction. The next challenge lies at $0.000107581 and $0.000111752.
* **Targets:** If the bullish momentum continues, these resistance levels could become the next targets for LUNC.
**Indicators to Watch:**
* **Volume:** High volume accompanying the recent price surge confirms the strength of the bullish sentiment.
* **RSI:** Monitor the Relative Strength Index (RSI) for any signs of overbought conditions.
* **MACD:** A bullish crossover on the Moving Average Convergence Divergence (MACD) further supports the potential for continued upward movement.
**Trading Strategy:**
* **Long Entry:** Consider entering a long position on a pullback towards the support at $0.000087570 with a confirmed bounce.
* **Stop Loss:** Place your stop loss below the recent swing low or beneath the support.
* **Take Profit:** Target the resistance levels mentioned above, or employ a trailing stop loss to capitalize on the upward momentum.
**Market Cap Momentum:**
The significant increase in market capitalization indicates growing confidence and interest in LUNC. This surge could fuel further price appreciation as more investors enter the market.
**Disclaimer:** This is not financial advice. Conduct your own thorough analysis and manage your risk accordingly.
**#LUNC #TerraClassic #Crypto #TradingView #TechnicalAnalysis #MarketCap**
Lunc Breaks Out
Terra Classic (LUNC) has surged past a key resistance level with strong volume, signaling a potential trend reversal. Bullish indicators like the Bollinger Bands and moving averages suggest this upward momentum could continue.
Is LUNC finally on its way back to the moon? 🌕
**Key takeaways:**
* LUNC breaks above crucial resistance.
* Strong volume confirms buying pressure.
* Bollinger Bands and moving averages support the bullish outlook.
**What's next?**
Keep an eye on these levels:
* **Support:** 0.00008713
* **Next Target:** 0.00009187, then 0.00010000
**Disclaimer:** This is not financial advice. Cryptocurrency investments are volatile, so always do your own research and practice risk management.
LUNC is still bearishLUNC has bearish structure. It is now pullback to the premium ranges of the previous wave.
Nearby, there is a supply range that is an inside bar.
The overlap of the flip line has increased the validity of this area.
We are looking for sell/short positions in the supply range.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LUNC, Don't question the INTENTION to go UP.. and i mean UP.I'll keep it simple.
KEY NOTES:
WEEKLY DESCENDING TRENDLINE BROKEN.
HUGE MASSIVE NET BUY VOLUME registered this past 48hours.
WEEKLY PRICE SHIFT.
WEEKLY - Unusual volume strength line (top indicator).
2 BUBBLE UP VOLUME - bottom indicator warning sign of long series of ASCEND.
BE READY for an ASCEND of a lifetime.
Spotted at 0.000105
TAYOR.
Safeguard Capital always.
This left 53136 BTC in Terra's reserves (+313 BTC)
Between January and May (2022), 80394 bitcoins were purchased by the LFG (Do Kwon)
There are two different sets of LFG Bitcoins (Bitcoin reserves (Terra's reserves)):
First, from 80394 BTC, 42530 BTC was sent to LFG wallet (wallet = bc1q.... s50tv4q).
Luna-LFG balance chart: (Max = 42530 BTC)
from 42530 BTC, 15272 BTC was sent to this address (wallet = bc1qm3....3ewf0j77s3h)
a- This left 15272 BTC in Terra's reserves (Do Kwon)
Second, (From 80394 BTC) Do Kwon did not send 37864 BTC to LFG wallet!
b- This left 37864 BTC in Terra's reserves ((9 - 10 May 2022))
As a result: (a and b) ---> 15272 BTC + 37864 BTC = 53136 BTC
This left 53136 BTC in Terra's reserves
the remaining 53136 remain unspent and are likely still sitting with the LFG (Terra's reserves or Do Kwon).
a, b, c
Money laundering:
LUNA = a scheme to disguise the money as legal ($ 411 M)
and ...
Transactions:
LUNC is bearishThe general structure of LUNC is bear.
The latter has swept orders by hitting a supply and then broke the support line.
A resistance swap range has also been formed on the chart, in which we are looking for sell/short positions.
The targets are clear on the chart.
Closing a daily candle above the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
Terra Classic (LUNC) 4H TF AnalysisOn the 4H TF LUNC is currently exhibiting important technical patterns. The volume profile shows the highest trading activity around $0.0001077 to $0.0001047, indicating strong support levels. Recently, the price action has been sideways, suggesting a balance between buying and selling pressures, with low trend strength and volatility, indicating consolidation.
Key resistance levels are at $0.0001253, $0.0001324, and $0.0001425. Key support levels are at $0.00011, $0.0001015, and $0.00009220. The price is just above a crucial support level at $0.00011; a break below this could lead to a retest of lower support levels.
Two patterns are visible: a falling wedge and a bearish pennant. The falling wedge, a bullish pattern, has completed, with the price breaking the upper boundary and entering consolidation, suggesting a potential breakout to $0.00017.
Conversely, the bearish pennant indicates potential declines. If the price breaks the pennant's lower boundary, it could test the lower boundaries of the sideways trend. If support fails, the price may fall to $0.00009220 - $0.00008662.
Summary:
◼️ Strengths: Strong support around $0.00009220 and a completed falling wedge pattern suggesting a potential end of the downtrend.
◼️ Weaknesses: The bearish pennant suggests further downside risk, with a crucial support level at $0.00011; a break below could lead to significant drops.
History and Background of Terra Classic (LUNC).
Terra Classic (LUNC) is the rebranded version of the original Terra (LUNA) token, which experienced a dramatic collapse in value in May 2022. Here's an overview of what happened and the current state of Terra Classic, highlighting its strengths and weaknesses:
Background of Terra (LUNA) Collapse:
Collapse Details: Terra (LUNA) and its associated stablecoin TerraUSD (UST) were part of the Terra blockchain ecosystem. UST was designed to maintain a 1:1 peg with the US dollar through an algorithmic mechanism involving LUNA. In May 2022, UST lost its peg, leading to a massive sell-off of both UST and LUNA, causing LUNA's value to plummet from over $80 to less than a cent within days.
◻️ Impact: The collapse wiped out billions of dollars in market value, significantly impacting investors and the broader cryptocurrency market.
Transition to Terra Classic (LUNC):
Rebranding: Following the collapse, the Terra community and its founder, Do Kwon, proposed a recovery plan. This plan involved rebranding the original chain as Terra Classic, with its native token renamed to Terra Classic (LUNC).
◻️ New Chain: A new Terra chain was launched without the algorithmic stablecoin, maintaining the name Terra (LUNA) but as a distinct entity separate from Terra Classic.
Current State of Terra Classic (LUNC):
Community and Governance: Terra Classic is now community-driven, with governance decisions being made through proposals and voting by LUNC holders.
◻️ Development: The community is working on various initiatives to revive and develop the Terra Classic ecosystem, including potential integrations, dApps, and improvements to the blockchain's infrastructure.
◻️ Market Performance: LUNC has seen fluctuating interest and trading volumes. Its value remains highly volatile, influenced by broader market trends and specific developments within the Terra Classic community.
Key Points for Investors and Traders.
➖ Strengths:
◼️ Active Community Involvement: The dedicated community is actively involved in governance and development, which could drive future growth.
◼️ Ongoing Development Efforts: Continuous work on ecosystem development, including dApps and infrastructure improvements, adds potential value.
➖ Weaknesses:
◼️ High Volatility: LUNC's value remains highly volatile, making it a speculative and high-risk investment.
◼️ Historical Context: The collapse of the original LUNA casts a long shadow, contributing to skepticism and caution among investors.
Market Sentiment: The sentiment around LUNC is heavily impacted by news, updates from the Terra Classic community, and overall market conditions.
Conclusion:
Terra Classic (LUNC) represents an attempt to salvage and rebrand the remnants of the original Terra (LUNA) project after its catastrophic failure. While it has a dedicated community striving to rebuild, it remains a speculative and volatile asset. Investors and traders should approach LUNC with caution, keeping in mind its historical context and the inherent risks associated with it.
Always remember the golden rule of investing: never risk more than you can afford to lose. Trade carefully and wisely, and may each of your transactions be successful!
#LUNC/USDT
#LUNC
We have a bearish channel pattern on a 12-hour frame, the price moves within it, adheres to its limits well, and is expected to break it upwards strongly.
We have a support area at the lower border of the channel at $0.0000800 from which the price rebounded
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that is about to break higher, supporting the price higher
Entry price is 0.0001000
The first goal is 0.0001280
The second goal is 0.0001530
The third goal is 0.0001800
LUNC ANALYSIS (6H)LUNC appears to be forming a large triangle or diametric pattern.
It looks like wave D is over and we are now entering wave E.
Wave E appears to be a diametric.
After the completion of wave e and f from E, we are expected to move towards the targets for wave g from E.
The green range is where we look for buy/long positions.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LUNC spot buy/sell zonesLast LUNC from november 2023 left much liquidity to grab.
Most possible, but least trustable zoone is first at the chart marked with green demand box or red supply zones.
Gold boxes are high quality zoones, for short or long either.
BUY
My favourite scenario is the one with hitting new low but as the realist i would buy in green and first gold box
SELL
One place that i can see to stop the price can be red box but it isnt too dangerous place. I will hold my bought LUNC untill i will see readable distribution scheme.
#1000LUNC/USDT#1000LUNC
The price is moving in a bearish channel on a 4-hour frame, which the price adheres to and is expected to break to the upside in an upward manner
It is expected that the Moving Average 100 test will be retested
We have a major support area in green at the 0.1200 level
The RSI indicator has a downtrend that is expected to break higher
Entry price is 0.1300
The first target is 0.1419
The second target is 0.1650
Third goal 0.1972
LUNC/USDT planning bullish reversal from support| 🚀LUNC💎 Paradisers, gear up for an intriguing opportunity with #LUNCUSDT as it edges closer to a crucial support level, signaling a potential bullish reversal. If the price maintains its momentum and rebounds from this level, we might embark on a bullish journey from this support.
💎 With continued upward momentum, our sights are set on targeting the resistance at $0.00021046. Surpassing this level would lead us into the resistance mitigation zone at $0.00025546. However, should the price struggle to initiate an upward trajectory from the support at $0.00014515, we, as savvy traders, will adjust our focus to the next support level for a bullish rebound at $0.00011716.
💎 In the event the price dips below this lower support, be prepared for a further descent. Staying alert and monitoring the price action at each mentioned point is crucial for a clear understanding of the market. Remember, patience is vital in trading. Keep a close eye, and let's navigate this together with the ParadiseTeam.