LUNCUSDT
Bull Pennant on 1h Charthello all,
Bull Pennant forming on 1h chart. Bullish sign.
Looks like FOMO will kick in today because of the burning starting soon.
I think we will go to 0,00034X are today.
NFA.
Good trades
The final sprint, Lunc will go to the moon (2000%+)According to the chart, The stoch RSI is in oversold state, Last time the blue line go through the orange line, Lunc price from $0.000085 to $0.000595 (750%+),
Now the blue line go through the orange line again, The elliott wave E will more crazy than C, Lunc price will touch $0.006+(2000%+), Maybe more surprise will come( touch $0.009+).
Wait patiently for all kinds of good news( such as binance will support Lunc burn off-chain )
Hold is never easy, Good luck.
LUNA movement analysis. LUNCUSDTHello my friends, Everything is clear on the chart for you like always. The price reached its two targets and has the potential to reach target 3.
Good luck.
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Terra Classic LUNC - Last wave before a dump! | Elliott Wave
LUNC is now a very hot altcoin, but it looks like the uptrend will end very soon.
If you want to buy LUNC, then wait for a pullback, at least to the start of wave 4.
As per my Elliott Wave analysis, this huge impulse wave is pretty much done because we are in the last fifth sub-wave.
As you can see on the chart, wave 2 was a triangle. You may say that wave 2 cannot be a triangle because it's on the public internet as a rule. But this information is incorrect. Wave 2 can be a triangle, wave 3 can be an impulsive diagonal, and sometimes wave 3 can be the shortest wave, believe it or not.
I think LUNC will go much higher, but first we should have a correction that can last a few weeks or months.
Elliott Wave theory is a very powerful technique when volatility is high. On the other side, when the market is going sideways, it's losing its power.
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Terra Classic LUNC - More downside is coming! | Elliott wave
The bull party for LUNC is over, and now we need to regain strength again at lower levels!
Many people have lost money in UST and LUNA in the past; there is no trust in these projects, and I would never buy them for long-term speculation.
Maybe that was just a scam pump. I don't even know if someone can trust these coins named Luna, LunaC, Luna2. It looks like a pump and dump game for whales.
Better to short it on the futures market to make some money or just stay away. That's my recommendation.
I'm not saying we'll go straight down; rather, the price may print a triangle before continuing to the abyss.
As per my Elliott Wave analysis, a major impulse wave has finished and we are looking for a retracement to the downside.
0.618 FIB, or 0.5, is a classic correction for a first impulse wave, and it fits perfectly with the previous horizontal support exactly at 0.00011 USDT. It looks like a sweet point to buy LUNC again if you are bullish about the next possible uptrend.
I expect tremendous gains for Golem (GLM). You can find this altcoin in the related section down below.
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TERRA LUNA CLASSIC (LUNC) short-term bull positions?Even though the crypto market is in a downtrend, LUNC seems to defy the market with its recent bullish momentum.
The head and shoulders and the downtrend of the past days seems to be breaking on the hourly timeframe with higher than recent average volume. It still needs confirmation on a daily basis (which may be too late but it is better to miss a trade than chase one).
I am presenting you 4 trade possibilities that I am going to take. All of them are bullish (as long as the short term upward channel remains intact).
I am risking 0.25% of my total trading capital on each, making my open risk a total of 1% in case all of them are fulfilled. If I lose all then I do not lose more than 1%. As you can see, all of them are at least of 2.0 risk-to-reward ratio. Protecting your capital is even more important than winning all your trades.
If you do not understand how to size your positions, please do not follow my trades! Find a tutorial on YouTube or here on TV about position sizing and money management!
As the entire crypto market is in a general downtrend, these 4 positions have higher-than-normal risk!
lunc can move upward againAccording to the wave structure and price action, Luna can move upwards after completing this diametric.
Falling Wedge on the LUNCBUSDBased on technical factors there is a Long position in :
📊 LUNCBUSD
🔵 Long Now 0.00032300
🧯 Stop loss 0.00021750
🏹 Target 1 0.00039000
🏹 Target 2 0.00047000
🏹 Target 3 0.00059000
💸Capital : 1%
We hope it is profitable for you ❤️
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Luna Classic About To Flip BullishLuna Classic has been respecting with these two resistances (purple, grey) and overcame the first shorter-term (grey) one with a 25% pump. Nows its testing the longer-term resistance, and if we can see a repeat of the same price action (circled) then we could flip bullish and see a large pump towards $0.4
LUNCBUSD Setup: Recent CPI numbers don't support crypto bulls.Hey traders, in today's trading session we are monitoring LUNC for a selling opportunity around 0.00029 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.