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LUNC / TetherUS

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LUNCUSDT trade ideas

LUNA CLASSIC LUNAC Inverse Head And Shoulders, Rally Imminent!Hi guys another quick update on Luna Classic. It looks like Luna has formed a nice inverse head and shoulders on the bi-hourly and is about to test the neckline around .000295. A break would initiate a minimum move to at least .000345 but likely to hit .000358 at the next resistance. Then a small correction and back off to the races I believe. The daily is looking really good so this move should be a good one. All is invalidated if we break below .000255 and go back into the falling wedge/bull flag. Then Lunac would likely retest the support of the wedge at around .000221, and then we will re-evaluate. If this wedge breaks to the downside a major correction to around .0009 ish will probably play out, but i am not leaning towards that scenario as the indicators and charts are looking good right now. This is not trading or financial advice this is just my opinion, and this asset is extremely high risk and speculative; however the reward is also extremely high. Thank you and good luck everyone.
Long
by Bitgolder
4
Bull divergende on 4h + MACD Crosshello folks, We starting to step out/ breaking the falling wedge. Note that RSi starting to show some bullish divergence and MACD made a Crossover upward (blue arrows in chart). Looks like we going to revert the fall and try to test the ath again. Imo FOMO will kick in again with the burning system starting in 5 days from today. Ideal will be to close the daily over 0,00030X and make a Bullish Engulfing candle to indicate that the correction is gone and the sell pressure lose some steam. NFA. Good trades.
Long
by RobertoMachadoNeto
LUNA CLASSIC LUNAC Right Shoulder Complete, Break .0003 EASY $$Luna classic has completed the right shoulder on the inverse head and shoulders. A break of .0003 and we will see a minimum target of .000345 with possible higher targets of .000375. I think if we manage to find solid support around .00039 then this rally will continue to complete the measured move of the giant falling wedge/flag with a measured move to previous highs, minimum. Follow me for more updates. This is not financial or trading advice this is just my opinion. Thank you and good luck.
Long
by Bitgolder
4
High Risk & High Reward - LUNA CLASSICHello Team, As we can see LUNC is forming a massive falling wedge after a huge run up (Bullish Formation : *Upon Breakout). A strong volume resistance break to the upside from this falling wedge can have massive upside potential. We are looking to start adding small positions as we continue lower. Key Notes: This is a very high risk play due to being a highly skeptical trading pair; only for small position sizing. Fundamentals to follow: Bitcoin Strength/Weakness USD/Stock Market Strength/Weakness : Strong Correlation Previous Posted LUNA/C Trade: 1000%+ Run to the upside
Long
by GenesisGo
1
LUNA CLASSIC LUNAC Quick Update: Bullish Divergence & BreakoutJust a quick update: Luna is pumping right now. Its breaking above the resistance in this massive wedge/flag its has formed. There is bullish divergence on the MACD and the RSI from the 15 minute all the way to the 2 hour, I think nice move up is coming. A measured move of the breakout will bring it to previous highs around .00053. If we fail the breakout of the wedge/flag and we breakdown instead then look for the .00012 level for a bounce/bottom of the correction. This is just my opinion and not trading advice. Good luck out there.
Long
by Bitgolder
6
Future of LUNC(All of these are my thoughts and none of those are financial advise.) Hey everyone, today i'll be sharing my market analysis for LUNC. After %400+ pump LUNC drastically dropped down from 0.00059 and we're dropped from there hard. Here's what i think: I don't expect LUNC go up without a major burn. We saw LUNC hitting 3.1B marketcap twice and i think that's the all LUNC will get. Now if you're aiming 0.001 or 0.002 with 3B marketcap LUNC will "easily" reach there, but as i stated previously we need a major BURN. In other hand due to market hitting lows again and South Korea wants to prision Do Kwon, LUNC is basically abandoned and hitting 0.001 0.002 is impossible right now. This coin basically hands on whales and marketmakers now. Also, since intrinsic value of LUNC close to zero, we can easily say LUNC turned into Shib like coin and i don't see any support from market makers anymore on future. In following months, if LUNC can stay around 0.0002 that will be a good sign for future, however i'm not expecting for a pump for months and without major pump. Basically LUNC is a risky investment now, invest what you're willing to lose. NFA
by SaiyaNTrading
1
LUNC taking a break - time to go for a walk! (New entry idea)Here's a quick look at the 2 hr. LUNC chart. As we can see, the price has been forming a bigger falling wedge. The best entry would be when the price breaks above 0.000315$ with a good amount of volume . ------------------------------------------- The idea is: Buy when the price breaks above 0.000315$ and take profits at the levels shown in the chart. Targets: 1. 0.00034$ 2. 0.00038$ 3. 0.00043$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure. 3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
by MBM_Crypto
10
LUNC went on a wild ride last week. Could it go higher?Well...that was fun albeit unexpected. A few people had a hunch that it would rise but not this much. I hope everyone took their short term profits. My first analysis was in the "previous buy spot" in a very heavy range zone. This rise in momentum is not only good for LUNC community, but also for crypto in general. It might put a bit more faith the Terra community. However, many people are under the fair assumption that this is a rug pull. If you look at the past few days we can see that LUNC and USDT are almost completely inverse with the rest of the crypto market; Terra goes up, everything else goes down. Whether there is something noteworthy there, I'm not sure. My initial buy spot was in the 0.00021 (thereabouts) region before we had a massive rally by over 140%. Of course, let's be realistic, I definitely did not take profits at the very top. I took partial profits at the second "TP" (circled). And I am still in LUNC. But for now, what should we be looking for. LUNC is undergoing a massive retracement which is not only obvious but also predictable. The bulls are taking their profits and leaving it the hands of bears to consolidate the price to a slight downtrend. In this time there are several buying areas that everyone is looking at: The first or second areas of support, a retracement to the previous Range Zone, or a touch of the 200 SMA. Because of all of these factors I think this is a no go zone. Stay well away for the time being and wait for price to turn. There is always an opportunity.
by Yahmez
2
Descending Wedge - LUNC/USDT- 4h KucoinPotential "descending wedge" or "bull flag" on the 4h for Terra Luna Classic (USDT). Bullish divergence on the Stoch RSI + nearing oversold. Same on MACD 4h. Oversold on the daily Stoch RSI. Probably good to wait for price action above the upper bounds of the pattern. Manage your own risk appropriately (stop losses). If it breaks this suggested pattern and falls to the downside, I would expect price approx. <= 0.00016000, as that area was never really retested. NFA.
Long
by citylogicau
3