Failed Extended Range Candle
Hi everyone. A Possible scenario is shown in the chart (a reversal candle).
LUNCUSDT
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.
what will happen for luncusdt???????Will Lunc fill the gap between Tenkansen and Kijonsen this 12 weeks ?
LUNC/USDT Maybe Spiking Today AgainLUNC/USDT (I think) might be getting ready for another spike like the other day. I put a market buy in, with a SL of -1% and trailing take profit at 5% -2% trailing.
NOT Financial Advice! : )
LUNC/USDT LONG1. Broken resistance zones.
2. Entering a position on a retest.
3. Trade in the direction of the trend.
LUNC, Buying Opportunity, Profit-Loss Ratio 5:11. The daily price pattern of LUNC is completing a double bottom structure.
2. Judging from the state of support pressure, it is at the level of 1d and 4h.
Good luck!
DECISION COMING IN 2 DAYS FOR THIS TRIANGLE SQUEEZELuna classic is getting trapped inside this triangle, where is the breakout be?
Luna classic descending triangle targetThe following is a luna classic update, I expect the coin to fall to that given level 7700 crossing the yellow resistance above1100 would be a bullish scenario.
LUNC 50% - 100% Profit Clear Bullish Falling Wedge breakout , Retest is done successfully
Entry Price - Now
TP1 : 0.000015
TP2 : 0.000018
TP3 : 0.000021
TP4 : 0.000024
INVERSE HEAD AND SHOULDERS, POTENTIAL 24% PUMP !!Check out htis bullish reversal pattern on luna classic broken out of the neckline as well !!
LUNA descending wedge - bullish action coming?This is a very textbook pattern, but LUNA is a crazy coin at the moment, so let's hope it follows the textbook play. Which means on the break of this pattern it rises up sharply.
Chances are it can go down completely because this is LUNA after all.
Check previous chart below. The previous has those red and blue lines from before.
LUNCUSDT | Possible Correction Ahead?LUNC had a fantastic run recently. While some are speculating that it will continue, there is a possibility of correction - especially if we consider LUNC to have completed a full 5-wave Elliott impulse. With macro conditions in mind, I'll be monitoring closely and trading accordingly.
Please do your own research. This idea is not to be considered financial advice. May YeHoVaH bless you.
LUNCUSDT - 18% potencial profitLUNCUSDT - 18% potencial profit. .................................................................
Am I being crazy? LUNCI am very green when it comes to Elliott wave and also fib extensions. I just feel that these moves have fitted the pattern rather well, and we have had the 3 wave correction from the big leg up we saw for LUNC. Now for the pattern to be carried on, up to the 0.0002 mark
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...
Symmetrical triangle
Hey Traders,
a symmetrical triangle is a continuation chart pattern (after the triangle completes, the price will continue in the trend direction it was moving before).
