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LUNC / TetherUS

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LUNCUSDT trade ideas

LUNC sideways as you see with black arrows, lunc had divergence and we down. now lunc sliding on support (black area). 2 MAs red and orange still crossing, this mean consolidation, lunc havent direction now. All depend on red MA now, as we are still under, it can push price more down. Yesterday we had strong red candle (in orange circle) what created this new black support zone. Our bottom is now 400, under we will go to red support zone 300 Our top is 500 , what is actual red MA where i think will go ... actual now on this 30m is sideways signals, better range / stuck between 400 and 500 ... so if we break 500, we will go more up and new high, if we break 400, then we will go 300. If you want open trade now, not recommend, wait for break, after buy can buy with safe buy or on dip.
by Reitak
3
LUNC clearly still in bullish trend 🍿quick LUNC update, drop a boost and follow for more of these! i got many requests for this one 💙 currently we are above strong RSI/trend supports, we are in a small local bearish trend channel, but it is on low volume! like always, I expect big volume increase on break of local trend resistance or a bounce from trend support, on the break of .000552 I expect the next parabolic bull move to happen. I will check my algo for potential targets, maybe ill post update soon. This may be my last post for the day, I hope you all have a great weekend. see you soon 🦉
Long
by Vibranium_Capital
52
Luna classic is refueling for another trip Luna classic has had a crazy run up hitting new highs of 0.00059 and this is just the beginning. A 1.2 percent tax on the volume of Luna will send this coin to crazy new heights in the next couple years. Volume reached 3.5 billion at average price of 0.001 It would take 145 days to reach a 10 billion circulating supply.. We could be concervative and x that by 2 give us a year or even two making this coin shoot right back to 1 dollar. A repeg to the ust would create billions in wealth to people. This is a great time to bag your self 1 million Luna befor it gets to expensive to buy. Right now Luna is moving sides ways resetting the rsi and moving back to its natural trend line Befor it breaks out to new highs of around the 0.0006 I can see a 0 being deleted withing the next 2 weeks. If the volume continues.
Long
by hazzac01
1
LUNC Token FundamentalsDear lunatics. Please read this to clarify your concerns about the price potential for LUNC token. If the price were to reach $0.001, then the market cap would be $6.9 billion dollars. Luna would be the 14th biggest cryptocurrency (counting stablecoins), behind Lido Staked Ether. This is not totally unrealistic, but it is still pretty far out. It's a long shot. If the price were to reach $0.01, then the market cap would be $69 billion dollars (nice). Luna would be the 3rd biggest cryptocurrency behind Ethereum and Bitcoin itself. This is so unlikely that it verges on impossible. Even back in its glory days, the absolute peak of the LUNA token's market cap was only $41 billion dollars. So imagine the price of $0.01 for LUNC now as equivalent to reaching right around $200 for the old LUNA which had a far lower supply before the rug pull occurred. The old LUNA never reached even close to that value, with its peak being at about $120. That was even WITH a ponzi scheme mechanic keeping the price afloat temporarily. The new LUNC doesn't have this mechanic anymore since UST is dead. Any higher price targets for Luna are a full-on delusion. At a price of $0.055 LUNC would flip Bitcoin as the largest cryptocurrency, something that has never before happened in the history of crypto. The probability of LUNC flipping Bitcoin is easily far less than 0.000001%. As for the price of LUNC going to $1, this is genuinely impossible, and I don't use that word lightly. The value of all cryptocurrencies put together is 1.06 trillion dollars. The value of LUNC would be 6.9 trillion dollars at this valuation. This means if everyone in the world were to sell every single cryptocurrency in existence and buy LUNC with the money, and somehow this didn't drop the market cap (which it would), LUNC would still not reach anywhere even remotely close to $1. Now, in the comments, you are going to try and tell me that people will burn a lot of LUNC tokens, which does change the market cap dynamic because it reduces the supply side of the equation. This is also pure delusion. Nobody is going to burn a substantial amount of LUNC tokens. The current amount of LUNC burned so far is only 3.6 billion tokens. This equates to 0.052% of the total supply of LUNC. That's right. 0.052%. You would need to burn 18 times more just to burn a single percent of the supply of LUNC. As soon as the burning goes into full gear, network activity for the LUNC chain will screech to a halt since nobody will want to waste 1.2% per transaction paying fees when they can just sit on their hands. Not only this, trading volume on exchanges that are compliant with the burn for in-house trades will also lose a substantial portion of their volume, as traders move their LUNC tokens over to trade on exchanges like Binance which do not charge a prohibitive 1.2% trading fee. It is a known fact that around 90% of the volume in all markets is given by trading bots rather than humans. These bots will all entirely leave exchanges with huge fees and move to ones without fees. This means the ultimate impact of the burn fee on transactions will be next to nothing. The lower volume will also mean the LUNC price goes down. The spreads for trading LUNC will be absolutely massive since market makers will be unable to arbitrage the spread without paying 1.2% in fees BOTH WAYS. Expect a spread of at very least 2%, if not more. Within a few weeks, Lunatics will likely realize how stupid this burning idea was, and turn it off with a proposal just the way they turned it on. I would be shocked if in total this effort is able to burn any more than 1% of the total supply of LUNC. If this 1% burn did happen, then the price limits mentioned would be only a tiny bit higher but mostly unchanged. The odds of any truly substantial amount of tokens being burned are very slim. Who wants to burn money? Almost nobody. Almost all of you reading this are poor and don't have money to burn. I even have a lot of money to burn, but I'm still not going to because that would be very stupid and financially irresponsible. I hope this clears everything up!
Short
by bowtrix
6
LUNC : FIRST BREAKDOWN CONFIRMATIONWe see on the low time frame that LUNC has the first confirmation on a low time frame for the breakdown trend. what does this mean exactly we will see it in the coming time. its also a low time frame update which means the breakdown can take short term where the price action can change again - in another case this could be the start of a long-term breakdown trend. to see this we need some more time to check the markets with difference time frames. Manage in all the time the risk of trading: this update is not too short or long LUNC. it's a view from the TA side. There is no 100% in trading Same time this is not Finance advice.
Short
by Goldenbreakout
9
LUNC REVOVERY at first: this is not an idea to short LUNIC Know that the risk is very high to trade coins like this. LUNIC is on a level where a small recovery could happen, and there is no guarantee for it. Its about TA STUDY that show the effect of breakdown on low time frame. LUNIC did before high increases and can do more in the future if the trend keeps going but also on LUNC there should come one time a recovery, times as from doge and other coins learn us that markets don't only go up. Trade safe. Did add before an update about BNX VS LUNIC AT LONG TERM ( read below THIS ALL IS NOT TRADING ADVICE - AND THERE IS NOT 100% GUARANTY IN MARKETS
Short
by Goldenbreakout
8
Cryptocurrency #1Well well, so who is here a diamond hand?, hop up!. That is crypto. It is an asset. it is not like something we can sell and buy quick. Asset is not work like that. Do we buy house today and sell it tomorrow?, Do we buy land today and sell it tomorrow and expecting some huge insane profit and be a millionaire in 1 night?. No way, be a diamond hand, because diamond hand always win. Even so say that, yet need to clarify and clear what coin are we holding. Utilities?, core team? marketing? market supply? usecase? crowd? etc etc. A lot of things we need to look after because once we buy it, that's it. HODL it until our mother "Bitcoin" wake up and do bearish movement. And then we will experience Alt-coin season like before. Ahhh what a day, i really miss that moment when numerous of alt coin spike up easily 1000%
by Karkoon
10