LUNCUSDT
LUNC targets*log scale
Terra Classic is rising from ashes. It broke out of this triangle📐and my targets for longs being as follows:
- TARGET1: height of the triangle projected from midpoint of the local range @ 0.00017090
- TARGET2: resistance @ 0.00025600
- TARGET3: resistance @ 0.00033200
Check my recent LUNC short-term trade 👇
Just a reminder how not being greedy can pay off 👇
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
an hour ago
LUNC about to breakout again?TA on LUNC looks like it’s about to breakout of the bull flag again. Thoughts?
Target- 2 = $ 0.0014
I don't like letting winners turn into losers, Hold!
There's nothing left to say.
Surprise will go on. Lunc will go to the moonAfter a short adjustment, Lunc will continue to climb new heights.
The target price will reach $0.0008 at least, Maybe it will give us more surprice.
And the time is more important, Lunc will pump from now to 9.12(the burning day)
Hold is never easy, Good luck.
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
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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LUNCUSDT Channel Up since June. Pull-back or break-out?Terra Luna Classic (LUNCUSDT) has been trading within a Channel Up since the June 09 Low and at the moment it is very close to its top (Higher Highs trend-line). Technically and with the 4H RSI overbought on the same level as June 27, it is very likely to have a pull-back towards first the 4H MA50 (blue trend-line) and then the 4H MA200 (orange trend-line) before settling near its bottom (Higher Lows trend-line).
A closing above the Higher Highs trend-line though, can see a sharp bullish break-out to the 1.5 Fibonacci extension level.
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LUNC ( LUNA CLASSIC) GOING FOR MORE Luna classic looks to have a good effect since last 10 days.
until now its still into green cycle.
As long its on green cycle its prefect to hold - but same time mange the risk well in case there will be a pullback.
There is a possibility that the price can increase more with next 30 % or more coming time.
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.
Failed Extended Range Candle
Hi everyone. A Possible scenario is shown in the chart (a reversal candle).
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 UpdateFollowing my last post; I was waiting for a short term pull back. That time frame has now been fulfilled and there is now a viable ABCDE wave 2 retrace. This of course will only be confirmed with a break up and out of the top trend line. This is not guaranteed. The triangle is a symmetrical set-up which means market indecision. It is neutral and has a 50% chance of breaking up or down. I am personally leaning bullish until a confirmed break down, however.
LunC Short term Pull backLooks like a 5-wave minor 1 has been completed. Probably a "sell the news" event due to staking being re-activated. Expect a pullback now for a week or 2 before the next leg is kicked off by the on-chain burn tax news.
(I was unsure of the actual wave 2 minor ending which is why I have marked out the 2 possible end points - not that it matters or affects the count. Purely pedanticism.)
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.