LUNC Short opportunityLUNC/USD
Bearish Case
- Bearish Divergence on the 1hr, 4hr and 8hr
- Broken out of the ascending channel
- MACD on the 4hr looks to be turning bearish
- Topped out at 2.618 fib extension.
- Currently bouncing off the 0.236 fib retrace area,
Target Zone
- $0.00044958 (0.382 fib retrace)
- $0.00036185 (0.618 fib retrace)
Thoughts?
Terra
LUNA rising from ashesPlease 1st of all click the boost🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free.
LUNA is breaking up out of this triangle📐 and I think there is chance for run to 2.49 and even higher.
See what Terra Classic (LUNC) recently did after triangle breakout:
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
LUNC SPOT Idea ( Short term ) 💡Hello, TradingView community and my subscribers, please if you like ideas do not forget to support them with your likes and comment, thank you so much and we will start.
Today I want to share my opinion with you about Terra Classic
Terra Classic rebirth ?? (LUNC)After going from almost $100 billion in TVL to around $10-15 million currently, Terra Classic seems to be on the rise again.
The Terra Rebels, a group of former validators wishing to continue on the original blockchain, decided by vote to implement a "burn" (a tax) of 1.2% on each transaction (except when providing or withdrawing liquidity, or stake) in order to go from a supply circulation of 6500 billion LUNC (!!!) ---> to less than 100 billion tokens, hell of a surge!!
Staking has been activated since yesterday, and burn will be activated in mid-September, maybe a little before...
So why not put a small coin in it and play this "Rebirth"?
Technically, no clear trend, normal at the same time for a token which saw its supply multiply by more than 6500 in a few hours ^^
So there could be nice returns, but BE CAREFUL (stay safe, not too much exposed). Peaaace
$SHIB or $LUNA? Best gamble trade to be taking today. 🚨⚠️🚀💩A month ago this idea wouldn't have even been a thought in anyone's mind. However the recent super-crash of $LUNA has put it in the same risk-category as any sh** coin. IMO $SHIB will have some opportunities coming for anyone who would like to trade the retail hype. At the same time I personally believe that $LUNA has become somewhat of a "meme-coin" itself at this point, however more like a "meme-stock" with massive pump-potential. (Should things play out in the right way) Because of this, I have charted the performance of $SHIB vs. the performance of $LUNA. It seems that $SHIB will be somewhat battling against $LUNA for the immediate future, but will then be overtaken, with a possible massive rise in performance by $LUNA against $SHIB. This could also turn out to be a nice "double-play", as a trader COULD POSSIBLY use this ratio to make more $SHIB (if $SHIB stays lower while $LUNA rises) then sit in that $SHIB position until a take-profit level is hit by $SHIB.
**This is all my own personal opinion, based on chart data. Not Financial Advice**
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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an hour ago
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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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
LUNCUSDT 4 Hour RSI Continues to Show Signs of WeaknessI'v Been Awaiting the 4 Hour RSI to Show Weakness before attempting a Second Short on LUNC as the Bearish Dragon Watch is still in effect and we are still trading between the 50% and 61.8% Retraces; Once the RSI breaks through the Bearish Dragon Triggerline we will likely be in full on Warning Mode of coming back down to fill most of the Voids below.
I believe that during this time we will see the RSI make an 88.6% retracement before continuing higher.
LUNCBUSD: Bearish Shark with RSI Weakness at 50% RetracementLUNC is currently trading between the 88.6% and 1.13% Range of the Pattern Completion Zone and is also at a 50% Retrace from High to Low. At the sametime the MACD and RSI are Bearishly Diverging but what i'm paying the most attention to here is the RSI Trendline that seems to be forming some kind of Bearish Dragon which if it breaks will most likely be the start of a Bearish Retrace to lower levels. I will have two targets here. The first target will be for LUNC to take back Half of the Harmonic and the Second target will be a 100% Recovery of the Harmonic. If we take back 50% i will take 50% off the trade and buy more LUNC with 50% of the profits and if it tak4es back 100% i will close off the remainign half of my shorts and use 50% of that to buy more LUNC.
LUNA Classic: Head & Shoulders Bearish BAMM at the .618 RetraceLUNC has made a 61.8% Retrace from the High to Low and is now formed a Bearish Potential Bead and Shoulders Pattern, If it breaks the Validation Line the pattern will be confirmed and we will likely see it Go for the BAMM Targets of a Bullish Bat which would be the 88.6% Retrace below.
ANCUSD Seems Ready to Recover 50%-61.8% of it's Crash Losses.A few months ago every tradable asset associated with the Terra Ecosystem had major crash and Anchor Protocol was one of the assets affected. Since then ANC has been sitting here at these lows forming Bullish Divergence on the RSI and the MACD is refusing to turn negative as ANC Trades within this price range despite the steadily declining price. I believe that based off this ANC is signaling to us that it is ready to recover much of it's losses and my targets will be the 50% Retracement and the 61.8% Retracement.
MY MINIMALIST CHART ANALYSIS FOR $TERRA$LUNA
On a 4HR Chart
SHORT POSITION
06.30..22
1025H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast.
ALERT:
My Bearish Bias: All white price notes are possible entries depending on future price action.
Based on VITAL SIGNS ( RSI, STOCH, VOL., MA VOL.) Looks healthy and is on a reversal of a trend.
Bitcoin is still bearish at this moment, but on a weekly, it has compressed too much and is about to reverse. Maybe we see a bull trap to further push it down or not. (See linked chart for $BTC)
1. We may see it climb further to 0.0007667 zone a FIB reversal, depending on the closing of the bar on its FIB retracement.
2. Trading ranges may develop between 0.00007478 - 0.00016300 before pushing upward, beyond our maximized target in the next few months.
3. Probable back to 0.00004226 trading ranges will take effect as smart money will try to wash out and rinse all the long positions after a bull trap on its way down.
4. Bitcoin is still bearish at this moment, but on a weekly, it has compressed too much and is about to reverse. Maybe we see a bull trap to further push it down or not. (See linked chart for $BTC)
Hoping that this BENTO BOX CHART ANALYSIS will efficiently help you with your DYOR as we Enter a NEW SWING CYCLE for LONG positions, either short, mid, or long term.
INSTRUCTIONS:
HOW TO USE THIS MINIMALIST CHART a.k.a (Bento Box)
"Follow the white rabbit!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE to where the MARKET will take you.
TARGET ZONE IDENTIFICATION:
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal.
NOTE:
1. That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time.
2. Created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
3. My BENTO BOXES are designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
4. At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY).
5. DYOR for your Fundamentals, Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, AB=CD Pattern especially institutional and retailer trading psychology .
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge.
Vive Le Autist!
Vive Le Diamond Hands!
$USTC : Bullish continuation Soon?USTC Had an insane rally in the past week and is currently now in a bullish pennant. Now the price broke out and retested toe broken red resistance line and i am Expecting continuation of the bullish momentum.
Also, No wonders if we see some more sideways before the uptrend continuation.
Luna 2.0 Analyze (Symmetrical Triangle)!!!Luna 2 is running in Symmetrical Triangle and it was able to complete its pullback and I expect that it will go UP .
🔴 Resistance Zone 🔴 & 🟢 Support Zone 🟢 that we have in front of Luna 2 .
🔴 Resistance Zone 🔴: 2.38$ until 2.34$
🟢 Support Zone 🟢: 2.05$ until 2.00$
Terra Analyze ( LUNAUSDT ) Timeframe 30 min⏰ (Log Scale)
❗️ Note ❗️: Please just invest 1%_max 4% of your fund in this project at this time.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
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
Will UST recover?Hi everyone,
UST and Luna were interchangeable allowing UST holders to exchange 1 UST and mint $1 worth of Luna, and vice versa.
UST’s model:
1. (No.1) UST > $ 1 -----> there is an incentive to trade $1 worth of Luna for one UST (why? because, 1 UST is always considered to be equal to $1)
2. (No.2) UST < $ 1 -----> there is an incentive to trade 1 UST, for $1 worth of Luna (why? because, $1 worth of Luna considered to be equal to $1 (Market Price))
What happened?
(No.3) on May 8, when the price of $UST began to drop substantially below one dollar, the (Luna) Foundation began converting this reserve (80,000 BTC) to $UST. (May 8, 1 BTC = $32000, 80,000 BTC =$ 2.5 Billion)
then, On May 12, Luna Foundation Guard swapped 883,525,674 $UST to 221,021,746 $LUNA
Result: at least in my experience, what always happens is (this case): this takes some UST out of circulation, driving up the price of UST.
In short:
Will UST recover? yes!
Money is not lost. It can be found through tracing!
+70% move for LUNA! LUNAUSDTHey guys thanks for all the support! I appreciate you all greatly!
Make sure to LIKE and FOLLOW! Thanks
Here is a simple chart i wanted to share with everyone
I have placed a LONG position on 20x leverage for LUNA under $2 as i see LUNA at a minimum testing $2.63 and may very well go to its previous resistance at the $3.50 level. I may be looking to short the $3.50 level i will keep you guys updated! I am expecting the entire Crypto market to have somewhat of a "Relief Rally"
Thanks guys, LiquidMEX