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LUNA 2.0➡️SCAM. LUNA BURN➡️SURVIVE. HERE IS WHAT I SEE NOWWhile we have lost hope amidst of a hard dump on LUNA we see some minor bullish appearance based on the updates recieved for burning the supply. Here with the LUNA I have adjust the price moves into a technical overview and this is what I found.
I keep an eye on the resistance and the trend line here, as mentioned on the chart a bullish breakout needed to continue the bull trend to the upside. But if we see any breakout on the trend line then we have a chances of seeing a dip once again. Trading LUNA is highly risky until we get some strong update based on the recovery. Remember we have a greater potential of losing people after a good rally due to a panic sell off from a hard crush it created.
BITCOIN UPDATE #3Welcome to our page BITCOIN100X
Here is the update for Bitcoin today on the lower time frame. Appreciate hitting the like button and leaving your personal opinion below on the comment section. Trading cryptocurrencies are highly risky and volatile which can lead to major losses.
The following chart interpretation is not a financial advice and following or investing based on the chart setups will be highly risky. Any future risks or losses incurred from any of these setups are not bared by BITCOIN100X.
DOGE Descending Triangle Pattern. Must Keep an Eye on this SetupDOGE Has corrected below the 78% on Fib Retracement from its major Bull rally. Here on the following price area we can see that we hold an important key level on the M1 timeframe. The lower timeframe shows a falling wedge and a descending triangle. We are required to confirm a breakout to go for a long or short trade based on the confirmation.
PEOPLE FAKE RALLY WILL END UP HERE ( TRAP )We have seen a fake pump on a dead shit project where its about to trap many new noob greed gamblers. All we have to see on how this project performed during its lifetime. The actual buying pressure for this zombie land has been wiped out and these minor fake green pressure is about to fake out things that its still building hopes. No I have found a super interesting SELL ZONE and from here I am expected to see a NEW LOW. Yeah you heard it right. SELL this shit if you hold anything.
BITCOIN UPDATE TODAY! DON'T MISS THIS SETUP EVER!!!!!!Its clear that price of BTC is holding above the trend line and the major support on the weekly timeframe. To see a dip towards the previous ATH close to 20K we need a strong bearish breakout to appear on the following trend line and support formed. For now the BTC is still unclear with its next move.
BTC in Weekly Base
US100 Will Fall towards the 10500 Support at 61% FibAs we can see that after the trend breakout formed the price is declining heavily and it also failed the bullish pressure on the key level. The current price action confirmed the breakout on the key level and we are about to see further downside based on the confirmation recieved. The next support I have picked up here will be achieved in the next few days of the market performance.
ETH Will Bounce or Break on this Support? ETH has created a nice head and shoulder pattern and on the support we can see that the structure is already completed. With the recent sideways on crypto market we can clearly spot it out as if its a bounce or a breakout on the support highlighted. Here on the short term timeframe I will be keeping an eye closely to spot the breakout or reversal breakout on the current support will lead the price towards the next support formed close to 1300Any bounce back will be continuing to raise towards 2450 area.
APECOIN's Under Pressure. Requires a Bullish Breakout to SurvivePrice for APECOIN created an interesting short term setup where we are expecting a bullish breakout as we see a good buying appears on the minor support area. If the price manages to show a bullish breakout then the next key move wait to see a bull breakout on the key level formed. If this turn out as expected we can have a hope on a steady growth, otherwise APE will get wrecked for next weeks.
LUNA IS NO MORE - SCAM 💩 GOES FOR A NEW ALL TIME LOW ( ATL )Luna dumped once again after a fake rally and here we see many investors are stepping out already and some went really got wrecked and worthless. So here if the key level breaks out to the downside we will further decline towards the bottom level and greater chances to create and ATL