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LUNC / TetherUS

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LUNCUSDT trade ideas

Wyckoff Distribution?This is what I believe LUNC could be in. I was looking at this idea yesterday and didn't think too much of it and now it makes 100% sense LUNC may be in Wyckoff Distribution at the top and broke its AR low and created a SOW. The next step could POTENTIALLY be an Upthrust (UT) above the Buying Climax (BC) high. But we do not know for sure so we must observe this idea to see if the schematic fills out more to make a more likely decision to know where price could go.
by davidmarcus1324
LUNCUSDT The next 1D MA50 break can deliver a massive rally!*** *** For this particular analysis on Terra Luna Classic we are using the LUNCUSDT symbol on the OKX exchange. *** *** The idea is on the 1D time-frame where LUNC is on a small pull-back after being rejected on the 1D MA50 (blue trend-line). With the 1D RSI mostly ranged within 55.00 - 35.00, the price action seems neutral. However this resembles the previous sequences of mid August and mid June, which both broke upwards and delivered significant rallies. The trigger for August was closing above the 1D MA50. As a result, the next time this happens, we may see a massive rally on LUNCUSDT , targeting the Higher Highs trend-line. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
6
LUNCUSDT just finished the bottom bounce Launch TimeLUNCUSDT just finished the bottom bounce. Typically a move from distribution into accumulation looks like a drop that consolidates then bounces and consolidates higher than its baseline....(which is the push down in the middle of consolidation prior to distribution) Then after consolidation high it drops again to manipulate under the baseline to break stop losses and absorb more of the float. Then a move back to the high after the absorption which is shown on chart with Volume stating over the last 6 candles there was 38billion in volume....on the last candle there was 34 billion by its self. this is a signal of absorption is complete and now it consolidates high again just below the area it couldnt pass before. Then when its ready to break through it will drop back down to break the line it created moving up which everyone thinks is safe to place their stop losses... It breaks this line to absorb the last remaining part of the float it needs to break through the area it has not been able to get through. The reason its been in this area so long is because it has been doing this pattern on every time line and its been waiting for each one to complete this move. Now that we are at this point it can start its move for profits..... Lets hope it takes just as long on this stage as it did on the previous.... smh by iCantw84it 10.31.22
Long
by iCantw84it
7