Potential pumping soonStrong zone in 0.0003000 as I predicted in my recent idea. I’ve been right so far now this is time to shoot. Bearing in mind we are now over sold on RSI on daily and head and shoulders and weakened.
LUNCUSDT.PS trade ideas
LUNC: NEW INCREASE: BREAKOUT 40%Since the last update and the expected breakdown, is this a technical good point for the return and recovery of LUNC.
It's possible that LUNC can do a new 40% increase and we will follow it to see what coming time will be done LUNC.
The expected target can be 40% but lower is also possible.
This is the before idea did play out with breakdown expecting: (and it seems LUNC are going out of breakdown)
There is no guaranty into trading, and this is not a trading advice.
Same time with no risk management trading end into losses.
LunacThis entry signal is useless for those who don't have patience please don't use this signal for leveraged trading this coin is highly volatile and will liquidate you in less than few minutes good luck
TERR LUNA CLASSIC LOOKING BAD SHORT TERM! PAGODA EFFECT!LUNA looks like it has completed the head and shoulders pattern I spoke about in my last chart and has broken below the neckline of this massive pagoda. This is not good and it can bring Luna down hard to possible lower lows if the drop is extended. I am seeing a correction to at least the .00012 area on a measured move of the cup and handle on the lower degree of trend. The higher degree of trend head and shoulders where the Pagoda was completed and is now trading below would give a measured move of about .00003 which is a real ball buster and I hope it does not play out. The thing with the pagodas is that if the lower degree of trend head and shoulders that form within the pagoda all play out and complete, the chances of the larger degree of trend head and shoulders to play out is lowered. Still possible but lowered.
So here is something else I found. Bitcoin back in February/March of 2020 had this exact pattern almost and I saw the pagoda forming but thought that because the other smaller head and shoulders played out that we wouldn't see the huge drop. I was wrong and Bitcoin went from almost $9000 down to $3700, which was an even greater correction than the measured move. The measured move was only down to about $5000. The measured move is at least where its going, most times measured moves are extended when fear and uncertainty is high, which is exactly what we have now. So LUNA could possibly go to lower lows on this drop if the larger degree of trend head and shoulders plays out. The break has already happened below the neckline, and we are failing miserably trying to get back above it. It looks like its going for one more touch now and if it cant break the neckline resistance then I will be selling, and putting a buy order in around .00013 for the bounce and determine from there whether we are headed lower or if we are recovering. I also want to say that if we do drop significantly, we will probably have a super fast recovery, probably V shaped, kinda like Bitcoin did in 2020.
INVALIDATION: If Luna can rally and close about .00033 on at least a 1 hour preferably a 4 hour then I believe that the correction wont be as steep and a target of about .00014 could be the bottom of the current correction, before moving back up.
Also today there was an arrest warrant put out for Do Kwon, this is confirmed by multiple reputable news sources. This shouldn't be bearish for Luna classic but it causes fear and people sell. Most haven't seen this news yet also it just came out a little while ago from posting this chart, just saying. This is just my perspective and my opinion, this is not financial or trading advice. Thank you all for the support and hit that like and follow me for constant updates.
I will be posting a chart right after this one comparing Bitcoin's Pagoda AKA Rona Dump, in Feb/March 2020 to this one. The fractal is very similar almost exact. Im not getting shook out of LUNA, I am selling now and then re-buying at lower levels and doubling my holdings.
LUNCUSDT 4HHead & Shoulder pattern is playing nicely here. Based on TA and last news we think we can see more downside soon.
South Korea seeks the arrest of Terraform labs founder Do Kwon, link:
www.bloomberg.com
😅The only way to save LUNC: whales manipulation
Brief PUMP from Local support We can have a brief pump from the local support here.
We expect the price to go down a little, but a tight stop loss is to be used.
Possible take profits can lie within the range of 0.00049- possibly 0.00071
lunc can move down againLuna Classic follows my idea well and can move down after a re-up. Follow me for more signals
#lunc possible move up #terraclassic#lunc stay above .00036 we can look at targets .0004 and .00042
key support bounce
parabolic move if it can break trend resistance 💯🚀🥶drop boost n follow if you enjoy my LUNC charts 💙 thanks
as expected, we saw more downside impulse after extreme trend support, but quickly recovering as well (we predicted that too ;) hehe.
now what? well its at the trend resistance again and still in local downtrend, break of trend and .0004 will lead to some parabolic rally in LUNC.
rejection here and break of .000342 is bad news for longs, we can expect short term downtrend to continue if this happens.
goodluck lunc holders! see you soon with more updates. stay safe 🚀
LUNC needs to hold here or we can see a H&S play out.Chart is self explanatory and LUNC may give opportunity to load lower. Although LUNC has defied many patterns before so expect anything with this asset.
TERRA LUNA CLASSIC LUNC IF MERGE GOES WELL THEN TARGET IS $.0025LUNA CLASSIC is poised to either make a nice dump or a nice pump. I am leaning towards a nice pump because I think the Ethereum merge will go just fine. Once the merge happens and theres no apocalypse then the market will continue its bull run. If Ethereum does have issues, whether small or big, the market is going to respond very negatively, and a flash crash of the whole crypto market will happen, not just Luna. I don't think that is the case and I believe this correction was just a little breather to refuel for the next run to $.002, and the ETH merge will go just fine.
As I mentioned before I really do believe that all the projects and companies that went to Luna 2.0 will move back to Luna classic, its already happening. Then once Do Kwon (Con) is prosecuted and jailed his Luna 2.0 will rot in prison with him. No one wants to do business with a thief, so all those projects running on Luna 2 will move to Luna Classic in support of the community. The burns will really take off then I believe. This is just my speculation on how things will play out. I called the massive drop in Luna when it was at $70 dollars before its all time high, I also called the previous local top around .0006 in a previous chart as well Ill link my charts below.
This is not financial advice this is just my opinion. If you like this idea then leave me a like and comment below with your thoughts. Thank you
ON THIS ONE I WAS OFF ON THE TOP, BECAUSE OF THE BLOW OFF HYPE TRAIN THAT WAS CREATED, BUT THE CORRECTION I WAS SURE OF
LUNC to a forkHello Traders, here is the full analysis for the Crypto Luna Classic, LUNC, let me know in the comment section below if you have any questions.
Please note that all the information and publications here are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
LUNC 4HLUNC well supported on 0.0003 and bought well
So RSI has broken the trend line and as long as main chart do it .
Good luck .
BUCKCLE UP FOR THE NEXT BULL RUN. in align with implementation of the 1.2% tax burn. kicks off the bull run.
DYOR, NFA.
Re-visting the LUNC ShitcoinHello friends.
I earned $4,000 shorting LUNC near the top. I want to sincerely thank every single retail trader who argued against me in the comments and provided me the liquidity needed to short this horse shit. Your losses will not be for nothing, as I will spend them wisely. The market manipulators who extracted billions of dollars from you "lottery ticket" mindset gamblers will also make sure to spend their hard-earned profits wisely. As such, one could argue that in fact LUNC is not a scam, but rather a redistribution of wealth from the ones who don't deserve it to the ones who do.
I've now closed my short at the low, and I'm waiting for another opportunity to short it again. It's clear that there's still some bullish sentiment as seen with these Youtube thumbnails, but in reality, many traders have sold out for a loss or are starting to get worried. This kind of momentum is always how a pump and dump scheme like LUNC ends, and when it starts getting nuked down it almost never comes back to fresh highs unless it's to briefly sweep the high before going much lower like Bitcoin did a year back.
The best bulls can hope for now is a small retracement up about 50% before the true collapse begins. Bears like us will also want this rally so that we can reload our short positions at a higher and more favorable price. The "catalyst" for this movement upwards could be something of the nature of Binance announcing that it will burn all LUNC trades on its platform. This would invigorate the gamblers to continue buying, based on their delusion that this would actually have any long-term impact on LUNC's price potential. This idea is not remotely true, but truth and facts are aside from the point in crypto land. Speculative delusions are far more important than truth, and herd behaviors around an event where you give them something to speculate about could cause a spike upwards in price.
Since there is a potential "catalyst" for prices to pump further, I like to phrase the market like this: "Risk is to the upside" (for now). What that means is the risk of an event occurring that sends price pumping is currently far greater than the risk of an event occurring that sends price nuking. Thus, "Risk is to the upside", at least for the next week or so. Think about it like when CEL token bottomed the exact day Celcius declared bankruptcy. The worst had happened, and so the risk was that something good might actually happen following that.
Thanks for the money.
LUNCUSDT Pop set up to launchWatch this candle at 8pm est I use a different chart on my last post. Should be the same but I wanted a shorter time frame. Cycle Theory, it should have a test to retail here and it should pop.
by iCantw84it
09.12.22
LUNCUSDT Terra Classic setting up for a Pop @ 8pm est Watch this candle at 8pm est. Should be set to pop.
by iCantw84it
09.12.22
LUNC at critical support, explosive rally coming ❔🚀drop boost + follow if you enjoyed, ty 💙
As long as extreme trend support and previous TL resistance acts like new support bullish bias is the logical analysis!
bounce from cluster support/break of .000458 will lead to the next parabolic rally imo.
break of these supports is dangerous for longs, so setting my short trigger just below them at .000369.
in the past few days we have seen below average volume on LUNC, you guys know where I expect it to go when we see real volume ;) have a good one.
lunc neo wave triangleIn my opinion, a neutral triangle has been formed and falling targets will follow on the chart
LUNC - Trend-Following Setup!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
LUNC is overall bullish trading above our brown trendline acting as a non-horizontal support.
Since LUNC is sitting around our brown trendline, we will be looking for trend-following buy setups.
on H1: LUNC formed a valid trendline in orange but it is not ready to go yet.
Trigger => for the bulls to take over, we need a momentum candle close above the last high in gray.
We would be overall bullish, unless the bears manage to break below the green support zone.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
