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LUNCUSDT

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.
LLong
by BilimNehri
6
Luna Classic 🌓 🌔 🌕 Hello Traders, today I would like to analyze Luna Classic by plotting Fibonacci's Logarithmic Golden Spiral on the chart to identify on a daily timeframe what might be medium-term price targets. ❓First, what is the fibonacci spiral? ❓ I love to use this quote when I talk about it : "The golden spiral is a pattern created based on the concept of the golden ratio—a universal law that represents the “ideal” in all forms of life and matter. In fact, it’s often cited as an example of the connection between the laws of mathematics and the structure of living things. The more we understand the math behind the symbol, the more we’ll appreciate its appearances in nature and arts. " 🔴Target levels are marked in red by the horizontal lines on the chart while support levels are marked in green. 🔴Also I would like to add that the vote passed on the burn transaction tax mechanism on Luna which means that each transaction will add a 1.2 % tax and the amount taxed will be burned to lower the total supply; this mechanism will allow Luna to burn up to 10 B ( at this amount will stop ) in about 800-1200 days based on an average previous 24H volume. 🔴 Interesting is the data on Binance which is accumulating Luna ( seems they hold 40-46 % of total supply currently ) 🔴 Summarizing the targets/resistances in order : ➡️ 0.00022 ➡️ 0.00024 ➡️ 0.00029 ➡️ 0.00037 ➡️ 0.00050 ➡️ 0.00070 ➡️ 0.0010 ❌ Some financial stats according to CMC ❌ ❇️ Market Cap $861,201,854 ❇️ Fully Diluted Market Cap $910,907,485 ❇️ Volume 24h $466,631,760 ❇️ Circulating Supply 6,556.67B LUNC ❇️ Total Supply 6,906,229,037,364 Before investing or buying DYOR
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by IllyrianTrader