LUNCUSD trade ideas
LUNC/LUNC 1.0 Snake/Bull Flag 12hrI prefer using the bars to identify patterns. I see a snake looking bull flag that looks kinda cool. Volume is low.
Enjoy the entertaining animal design.
crazy long lunc ideasome supports and resistances for ya.. been a while since my last TA. felt this was an interesting gamble plan accordingly. i feel we have yet to go parabolic. also if ur interested in lunc longs then GO GET UST as well. this is a pretty short time frame as well.
LUNC/LUNA 1.0 Bearish RSI DivergenceLUNC/LUNA 1.0 is gradually approaching a double top and I suspect a reversal in price action for more support. Overall this assist still appears bullish the next weeks to come.
LUNAC Symmetrical Triangle HourlyLUNA has formed a beautiful symmetrical triangle on the hourly timeframe
This will likely lead to a break out to the upside for the bulls
LUNA's plummet in my eyes is considered an overreaction
Luna bounce showing 0 isn’t truly zeroIf you are an engineer like me and understand the immense amount of thought and energy put into this project, I find this a steal of a price for any software. Maybe I’m gambling but the technicals. Look great. Obv is going exponential on the daily time frame.
LUNA LUNC USD : LUNA + MATIC FRACTAL, LUNA COULD EXPLODE FAST!FOLLOW, LIKE, AND COMMENT IF YOU APPRECIATE THIS CONTENT. THANK YOU.
LUNA CLASSIC Has had some new developments come into it over the past couple of days. Starship the largest Metaverse by size will be incorporating LUNA Classic into their project. LUNA will be used for payments in the Starship Metaverse, and from each payment 1.2% of the Luna will be burned. Depending on how big and popular this metaverse will be this could be huge for LUNA classic holders. The price of LUNA Classic will continuously go up over time because of the burn rate. Luna could eventually reach 1 dollar again in the not too distant future, maybe a few years or less and continue to rise as the supply of Luna is constantly decreasing. All it will take is another project to accept luna in the same way and burn as well and the supply of luna will go down rapidly, in turn increasing the price rapidly. I don't know what will come of this but with these new developments I will be buying into LUNA again and holding for the longer term. The risk to reward here is a no brainer at this point. I mean LUNA really hit people hard and it sucks, but this may be the driver and the catalyst for LUNA Classic to explode. If the community takes over LUNA and then DO KWON is found guilty of the crash etc, then his new LUNA 2.0 will crash to nothing and every project and platform on the LUNA 2.0 chain will migrate over to LUNA Classic because no one wants to support a crook. This could be massive my friends and this could be a once in a lifetime opportunity here. I sold out of LUNA back when it hit 12 cents and I said I was done with it but now with these new developments I believe LUNC has a chance to take off and get back into the dollar figures in the future. If 10 companies/projects work on LUNA Classic and all are burning coins the supply of Luna could rapidly fall and LUNA could be in the single digit billions supply fast.
In the chart you will see a fractal from MATIC Polygon that is really similar to LUNC. After this rally/pump we may see another big drop and then off to the races. Matic dropped 70% in one night back in 2019 and no one knew what happened, and people were calling it dead, pump and dump, similar to LUNC. Matic then went on to rally from about $.01 cent (one cent) to $3. That is a 300x gain. $1000 bucks right now will get you about 8 million LUNC. Imagine if LUNA gets back into the dollar digits, you'll be kicking yourself for not spending a few bucks at these levels. Look at what happened to DOGE holders, multiple millionaires and a couple billionaires were made, and thats just one example of recent, there is hundreds of them. I am supporting this new LUNC community because not only do I believe it will thrive again, but also because I want people who lost everything to be able to get their money back some day, my heart aches for them. Good luck out there my friends and thank you. This is not financial or trading advice this is just what I am doing and my opinion.
BELOW IS A DIRECT COPY AND PASTE ABOUT THE NEW DEVELOPMENTS ON LUNA CLASSIC
StarShip is a quickly growing ecosystem built around a solid foundation of collaborative, loyal businesses and passionate community members. Their whitepaper opens with the statement that “community is at the heart of currency”, and the vibrant culture of partners and projects surrounding the StarShip NFT Game and StarShip’s strong liquidity pool pairings are already a testament to their dedication to this mission.
Recently StarShip unveiled a trailer featuring actual in-game footage of what will be the largest metaverse in existence to date. Built on the powerful new Unreal 5 engine and boasting 32,000 square kilometers of buildable space, the size of this MetaUniverse will allow room for unparalleled long-term growth and opportunity. As a result of LUNC’s new collaboration with StarShip, LUNC will be implemented into the StarShip ecosystem as one form of payment within StarShip Universe, burning 1.2% of all LUNC received for these payments.
In related news, the 1.2% burn tax mechanism put forward in LUNC’s Prop 3568 was successfully passed on Sunday. This will begin to reduce the supply of existing tokens as they are circulated, which comes as great news to its loyal holders. Finding a strong use for LUNC comes at an opportune moment. As StarShip welcomes the Luna community, this collaboration strengthens the foundations of both ecosystems.
LUNA Classic breaking out on higher volumeLUNAC finally entering breakout after the massive capitulation event
LUNC Luna 1.0 1Day Chart Where is the double bottom? I don't see one here yet for LUNA 1.0/LUNC, so one can surmise a future double bottom formation, however, I see an ascending wedge pattern forming to further this theory.
Short-Term Neutral (5/10)
Medium-Term Strong Down (1/10)
Long-Term Strong Down (0/10)
Alternative LUNA 1.0 Chart AnalysisAlternatively, LUNA 1.0 can turn Bullish in a situation where BTC loses dominance and an alt coin season begins.
MACD Bullish
RSI Bullish
Did anybody notice that Luna? Has a lower Total supply than ShibHas anybody noticed that even with the crazy printing of Tarra luna It has a lower total supply than Shiba Inu.??
LUNC/USD Daily TA BearishLUNC/USD Daily bearish. *The case for a LUNA or LUNC recovery is getting weaker every time more questions are asked. The SEC is in the process of investigating the issuance of synthetic securities through Mirror Protocol and are now investigating Anchor Protocol (the UST depeg crash). FatManTerra from the Terra Research Forum followed the money and claims that even though TFL says LUNA (2.0) is 100% community owned, they still own 42m LUNA . And former Terraform Labs employees are now saying that Do Kwon either sold (or sent to a private wallet) $80m of LUNA a month leading up to the hack . Recommended ratio: 0.5% LUNA, 99.5% Cash. Price continues to trend sideways below $0.0001 as negative news just continues to pile on Do Kwon and LUNA/ LUNC. Volume remains High (low) and fairly balanced between buyers and sellers, indicating that interest is still there. Parabolic SAR flips bearish at $0.06, this margin is neutral at the moment. RSI has been flatlining at 14.25 for 30 consecutive sessions now. Stochastic is currently crossing over bullish at 84, the next resistance is max top. MACD remains bullish and is currently trending up slightly at -6.51; it is still technically testing -8.46. MACD is currently trending up slightly at 73.57 as Price continues to trend sideways below half a cent, this is bearish. If Price is able to break out above $0.001 then the next likely target is going to be a test of $0.01. However, if Price continues breaking down then it will likely fall closer to 0. Mental Stop Loss: (two consecutive closes above) $0.0001.
impulse wave 1 complete LUNClooks better on the 5 min time frame and you can draw it out yourself but looks like wave 1 is completed and heading into wave 3.
if indeed wave 2 is done.
Dont do anything your mother wouldnt approve of
That's all folks
Luna Classic FTWTrading view doesn't have Luna's classic chart working, so disregard the image above, I just needed to publish my prediction.
Since the charts aren't working for luna classic, we are all flying blind. I've managed to scrape together my indicators on the Kucoin chart since it's the only one I can find currently.
Applying RSI, HV, S A R, Ichimoku, EMA 10, 30, 50, & 100, I've come to the conclusion that Luna classic will moon if it reaches 0.000155 by 1:55 AM EST.
Not financial advice.
Luna no gain no pain, i am from 0,00004 still LongLuna no gain no pain, i am from 0,000035 still Long my First target 0,0004 Good Luck!
LUNA - THE TRAGIC CRASH OF A CRYPTOCURRENCYAt support Luna had to already react, make retests and hold the support levels whether in sideways direction or V shape recovery.
There are no signs of this. This is the Cryptocurrency's END.
DIVERGENCE SHOWING ON 2HRI believe there is Divergence showing on the 2hr chart. This combined with a possible breakout of the falling wedge, also adding Luna's recovery plan. Could be a good signal. IF we can hold above the .00012 resistance line. If not be prepared to run. LUNA has failed. This is no way financial advice. I am completely new to charts, Self thought so please be easy on the constructive criticism. Let me know what you think. Hopefully Luna survives the next 12-24 hours. Good Lucky!!!!
TERRA LUNA - Update! Still Waiting On 10x then death drop!Luna has found some solid support between .00016 and .00018 for now. The breakout is still going to happen I believe. Stochastic RSI has a fresh cross up on the bi hourly and on the 12 hour the stoch RSI is coming up with a fresh cross from the bottom and bbwp volatility is expanding on the 12 hour. Just be patient and be ready to get out cause once this run starts it will be quick. Good luck out there. This is not trading advice just my opinion, follow me if you like this content and give me a thumbs up. Thank you
TERRA LUNA - Update: 1000% Move In Progress, Triangle Broke UP!This is an update to my previous analysis, go check it out from yesterday. LUNA has broken to the upside of the symmetrical triangle, and is now testing the top trend line of the triangle after the break as support, like I predicted yesterday. Volatility is expanding and a big quick move is under way. A technical measured move is shown by measuring the top of the beginning of the triangle to the bottom of the beginning of the triangle with a close to 1000% gain, as I show in the chart. My target yesterday was about .003, which was a little bit of an overshoot possibly. I believe that at least .002 will be hit from here and perhaps a blowoff of .0025 to .003 is possible with all this volume. Many people are also buying LUNA now and holding in hopes of getting rich which will drive the price up more. We should see this move completed by tomorrow afternoon or evening before coming back down and testing around .00028ish at that point we will revisit and see what LUNA is up to.
Im selling at .002, .0025, .0027, .0028, .0029, .003, and I have one sell order in for .0035 for that potential blowoff.
Thank you for checking out my chart, please leave a comment below and let me know what you think. Follow me for more updates. This is not financial trading advice just my opinion. Good luck out there!
Anatomy of LUNA's technical breakdown - a painful meta-analysisLUNA (and UST) rocked the (crypto) markets last week, and hogged the headlines. There were many who got wiped out, and the prospect of recovery appears very remote, if at all.
Here I would like to share why I chose LUNA to be a major part of my portfolio, entered and managed the trade (I would not term this as an investment, really). I hope that this sharing can be a good starting learning point of some fundamental factors that we all need in risk management.
Luck comes along with hard work and preparation, so just keep at the good stuff, always.
For the early part of 2022, a triangle pattern was forming with LUNA, following LUNA's surge in late 2021. Had missed the breakout in late February and had to wait for some pullback, which was shallow. Entry was taken as there was about 50% more of the projected target (see green arrows). MACD and RPM was favourable at that time too.
A surge pushed LUNA closer to target and about 60% was taken off, since entry was significantly large of my portfolio, and this was redistributed elsewhere.
A retracement took place and almost closed the trade, but one day more made a difference with yet another surge. This time, it got closer to the projected target but retraced just before. Had decided to project the next target level, and kept trade open for the time. LUNA was performing well about this time too, so that was a consolation.
In early April, again, it failed to reach projected target and I had decided to allow this to bake longer as the remainder of LUNA that I had, I was willing to hold longer.
Then the technical breakdowns started...
It returned to the near the entry price, and if it went below further for a day more, I would take it off. Yet again, a surge off that (critical) support level happened. It was very clear that this is now my OSL... LUNA spiked to break above the 55EMA, and reach a resistance in three days, and then consolidated, as bullish technicals faded away slowly.
Yet another retracement was effected, after a lower high, no less, and tested the critical support OSL again. A short bounce ensued, and this time, as it failed the resistance, and perhaps more importantly, the 55EMA. Furthermore, the RPM was turning bear, adn MACD was weak. So, I decided that it was enough.
Closed out the last 40%, meant for longer term hold, and walked away happy.
Started to take notice that LUNA was getting into the news, initially saw UST, and then LUNA got mentioned more.
Barely two days after closed trade, LUNA depreciated so much that it was clear something was not right. Technically, the bears were moving and fundamentally, some serious shit was happening.
Then it broke the critical support, aka OSL.
And that was it... free fall.
Then we started reading about many who lost fortunes from this breakdown.
Few personal takeaways I have to share, in good faith:
1. It is a trade, not an investment, so keep an eye on crypto positions always. Volatility is part of crypto and it must be accepted, monitored and managed;
2. Read more about what you buy, and keep abreast of its developments. Apparently, a lot about the UST peg was criticized, and admittedly, I read none of those prior;
3. Have good technical analyses and keep a simple set of rules for engagement;
4. If always make sure your tokens are nimble, even if you are staking. A quick retrieval to sell off if and when required is needed. The amount of time you need must be overestimated, and so you know that you need to act eariler, rather than later; and
5. Always have that sacred OSL , and respect that if it is ever broken, you also need to break off the trade.
The last point is by far the MOST IMPORTANT takeaway.
I kept to mine, and it saved me, unwittingly.
Many others, even in the equities market, have asked of late, what to do...
Thing here is, we need the solution before the market tanks; we know the solution(s) too. So, need to form the habit of letting go when it is time, so that we are free to move along and recover.
As we go through the next weeks recovering our wounds, I hope that you find it in your spirit to understand what happened, both external and internal. And we can only control the control-ables (internal), namely, our actions. So develop a set of steady rules, keep to it, and always have that OSL. It is a live saver.
I shared the above, in good faith, as I think it need to put out my learning points of the weekend. I do beg your pardon if it rubbed on sore points, and if it did, it means it needs tending. Read, analyze, and discuss... I believe that there is enough of a community there to help each of us get better.
2022 is a more volatile year, good for those who know how to manage.
God bless and take care.
TERRA LUNA- Symmetrical Triangle In Play 10-15x Returns ShortermHello everyone thanks for checking out my chart. So what happened to LUNA is a tragedy and I really feel for everyone who has lost in this stupid mess. I didn't hold any LUNA pre-collapse but I have been trading it and making some serious gains in a short period of time. I don't think LUNA will recover anywhere even close to where it was, or even 50 cents. I think LUNA will max out at maybe a penny but thats wishful thinking too. You gotta think the supply now for LUNA is around 10 trillion if not more I couldn't find a solid source for it. With that many coins even at 50 cents the market cap would be more than double that of the total market cap of crypto which is not feasable at this time. At a penny it'll still be 60 billion dollar market cap, if I did the math right, and even at that price it would need some serious confidence from investors to be able to reach that and stay there in the top 5 of the crypto market. What I think will happen is it may bounce off a penny but essentially the coin is dead, it never really had any real world use case to begin with and just a bunch of pipe dream promises. Eventually all exchanges will delist it once the trading volume isn't worth it to them anymore. Once that happens it will fall off the map and be in the end of coinmarketcap with all the other dead projects. There is no way to fix this problem logically, if there was they would have implemented the fix already. There is also a lot of stories saying that there is over 10,000 Bitcoin worth of reserves is unaccounted for which raises lots of suspicion. In my opinion this was a planned exit scheme and there will be charges to follow I'm sure. The United States will crucify the bad actors in this ponzi and hopefully make an example out of them for how many people the robbed!
Anyways I'm not investing long term in this at all but I will trade these bounces. Trading volume is high right now and I forsee a nice run up to about .0026 which is about 10x where we are now. There will be a nice bounce because of everyone thinking they are getting in cheap and are holding hoping for a dollar or 60$ lol without realizing how much the total market cap would be at those prices with the supply now. I wouldn't listen to all that garbage to buy and hold its the same crap that people were saying when Bitconnect took a 5hit. Don't jump onto sinking ships.
This is just my opinion and not trading advice. Thank you for looking and if you find this content helpful please follow me and comment below your opinion. Thank you
Luna What can we say. Once again the big players, banks and hedge funds will walk away with billions but the retail guys get hurt.
Go to hex.com and pulsechain.com to experience what crypto really should be like.
LUNAUSDT Part 2: My Opinion of TRADING a Falling KnifeHi Everyone! Yes, I started out this video with a bit of ANALYTICS first. THEN I got into my opinion of TRADING a "falling knife" situation.
Hope this is helpful...
Happy Trading and Stay Awesome!
David
