Get started

LUNC / TetherUS

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

LUNCUSDT trade ideas

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.
Short
by bowtrix
21
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.
Long
by Vibranium_Capital
38
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
Long
by TheSignalyst
20