LUNA TERRA CLASSIC USD CUP & HANDLE BULLISH MOVE TARGET $.00054LUNA has formed a cup and handle after its bounce from the death drop. There has been some serious interest in LUNA CLASSIC these day by big whales. Wallet activity shows a lot of accumulation and some by big wallets. One wallet has been accumulating large amounts and depositing it into a wallet owned by Binance? This is a direct copy and paste from part of the article.
This wallet accumulated around 8.5 billion #LUNC and dumped it all into the 2.6T wallet that I hear belongs to Binance. After dumping that it has since started accumulating again and is currently holding over 700M. Is this Binance loading up??🤔🤔Although it was not confirmed whether the receiving address belongs to Binance, the exchange’s CEO CZ confirmed a few days ago that a burn is necessary. This might point towards better times ahead for LUNC if its supply reduces significantly courtesy of a token burn.LUNC has other things going for it. For example, outflows from its supply held by whales bottomed out at 43.57% on 12 June and increased to 43.78% by press time.
This confirms that whales have been buying LUNC in the last three days, thus the bullish pressure build-up. In fact, the volume also saw a significant increase over the last 24 hours of 15 July.
Now just imagine this for a second. Imagine CZ who is salty about losing billions from Luna crash is actually buying up the excess trillions and then BAAM he makes a post and says I'm going to burn 4 trillion coins in one day. Imagine the hype around that and the respect from the LUNA community he would get if he did something like that. He would also probably make many more billions in profits than he lost if he did that. Then the consistent burn of 1.2% and LUNA could easily see $.10 in the nearer term and single digit dollars over the longer term and then perhaps way down the road when LUNA has redistributed and gone through its boom and bust cycles and the burns have brought supply back down to the hundreds of millions or billions LUNA could see double digits and triple digits. Sure this is all hypothetical but thats how big money is made when you go from a hundred dollar investment to a millionaire. Don't think its possible, go talk to some of the DOGE millionaires and SHIB etc. There is tons of them. Anyways I wish you all the best of luck. LUNA for me is a no brainer. I'm loading up. This is not financial advice this is just my opinion. Thank you
LUNA
The strong rebounce of bitcoinThis should be the strongest and final rebound of bitcoin as it going further down. My prediction will be 16k before the bottom is really bottom.
We already hit 18k, and it immediately rebound to 19k, which apparently is a cat market - dead cat bounce.
Still the economy is not stable:-
1. The Ukraine war is escalating or there are no way out still, the USA still sponsoring Ukraine with millions of support. And Russia had determine to turn off the gas pipelines.
2. The China lock down or so call communism close down policy. Is rather fishy and insane or not making any sense. To just selfishly contain economy within China and remain exporting goods to outside. This mean that, they can make your money and you can not even make theirs.
3. The economy of whole world is frozen by covid-19 for 2 years and just seeing it start to melt. The melting process take longer than expected. People do not want to travel due to safety or rigid process. And yet some country do not want you to visit them. It's just not going back to pre-covid era.
LUNCUSDT What to watch out on the short-term*** ***
For this particular analysis on Terra Classic we are using the LUNCUSDT symbol on the KuCoin exchange.
*** ***
The idea is on the 4H time-frame where LUNC is extending the parabolic rise it has been on since the August 19 Low. As we mentioned in our previous analysis the break-out above the 1.0 Fibonacci level was an instant buy signal and the price is now approaching the next one, the 1.5 Fib extension. The 0.00045 Resistance from May 26 is now broken, so on the longer-term at least, a new pattern is emerging.
On the short-term though, a sell near the 1.5 Fib on a tight SL on the Fib level exactly, can be solid with low risk targeting a little above the 4H MA50 (blue trend-line). A closing above the 1.5 Fib though would again be an instant buy signal, targeting the 2.0 Fib.
On the other hand, a closing below the 4H MA50 (would be the first time since August 23), would be a sell signal targeting either the 4H MA200 (orange trend-line) or the 0.5 Fib (whatever comes first).
On a side-note, notice the Channel Down on the 4H RSI and how well each Lower High and Lower Low have been excellent sell and buy entries respectively. Use this to your advantage.
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LUNC SPOT Idea ( Short term ) 💡Hello, TradingView community and my subscribers, please if you like ideas do not forget to support them with your likes and comment, thank you so much and we will start.
Today I want to share my opinion with you about Terra Classic
LUNC - TIME RECOVERYDepending on TA - there is a high chance that Lunc will have a recovery in a low time frame.
Study shows the same effect on doge before.
This means noting for HODL users. it's a trading update.
We are exactly at the top of the moment on LUNC.
This is not trading advice.
Never take internet info as right, as you should confirm and filter it.
And this update means not that it should be 100% right.
LUNA Classic next entry level! Here's a quick Look at LUNC 30 min chart.
The best entry would be when the price breaks above 0.000451$ with a good amount of volume.
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The idea is: Buy when the price breaks above 0.000451$ and take profits at the levels shown in the chart.
Targets:
1. 0.000465$
2. 0.00048$
3. 0.0005$
4. 0.00052$
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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."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Terra Luna classic bulflag!Hello
After days with upside,vwe are now bull flagging
This will for sure go higher. expect 0.00055-0.0006 area next
LUNAUSDT UPDATE LUNA has climbed almost 400% in just over two weeks ! Now is not the time to be Buying into this, this is when retail will start to FOMO in at the highs this is providing us with a very nice potential shorting opportunity so eyes on this one for perhaps a bull trap above the falling wedge to trap retail then we will potentially look at jumping in on this.
BNX : THIS IS THE GREAT WAY TO ALL TIME HIGHBNX Is still a top coin with the view for a coming breakout.
If there is a coin that could make ALL TIME HIGH into the short term then it's BNX - and with more updates did explain the reasons.
Even when the markets show now at this moment a slow movement or even breakdown into the short-term time frame.
BNX is more than just an increase - as the whale DCA planning is into it, this could support the breakout increase with time - and the structure volume will increase more.
BNX Has a history of green cycles - and this green cycle still keeps going to grow, even with the real breakdown of markets this cycle did not break down. and there is a high chance this will not be, of course, there will be never a 100% guarantee as the risk management should be very high.
THE WAY OF THIS COIN WILL BE GREEN TO AN ALL-TIME HIGH.
Before LUNC DID increase with 300% around since buttom, the same signal did shows on LUNC and now on BNX
Its about time frame.
This is not trading advice or financial advice.
Take never advice from the internet as right - and study, filter confirm before going into any trade.
There is no 100% guarantee but more chance.
$SHIB or $LUNA? Best gamble trade to be taking today. 🚨⚠️🚀💩A month ago this idea wouldn't have even been a thought in anyone's mind. However the recent super-crash of $LUNA has put it in the same risk-category as any sh** coin. IMO $SHIB will have some opportunities coming for anyone who would like to trade the retail hype. At the same time I personally believe that $LUNA has become somewhat of a "meme-coin" itself at this point, however more like a "meme-stock" with massive pump-potential. (Should things play out in the right way) Because of this, I have charted the performance of $SHIB vs. the performance of $LUNA. It seems that $SHIB will be somewhat battling against $LUNA for the immediate future, but will then be overtaken, with a possible massive rise in performance by $LUNA against $SHIB. This could also turn out to be a nice "double-play", as a trader COULD POSSIBLY use this ratio to make more $SHIB (if $SHIB stays lower while $LUNA rises) then sit in that $SHIB position until a take-profit level is hit by $SHIB.
**This is all my own personal opinion, based on chart data. Not Financial Advice**
LUNC targets*log scale
Terra Classic is rising from ashes. It broke out of this triangle📐and my targets for longs being as follows:
- TARGET1: height of the triangle projected from midpoint of the local range @ 0.00017090
- TARGET2: resistance @ 0.00025600
- TARGET3: resistance @ 0.00033200
Check my recent LUNC short-term trade 👇
Just a reminder how not being greedy can pay off 👇
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Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
an hour ago
Lots of bullish arguments happening on the 4 hour chartAfter the bullish run we are not having what seems to be a bullish consolidation happening on the 4 hour. First we have the bull pennant formed. The supply line of that said bull pennant just so happens to be the breakout line of a bullish dragon. When ever dragons appear you more than likely will find a harmonic pattern. In the case of Luna Classic we have a gartley harmonic pattern showing if the dragon and bull pennant breaks to the upside. Also we have a bearish 3 line strike that just appeared on the last candle close. For those that don't know the 3 line strike pattern is a reversal pattern, so a bearish one actually means its going to be a bullish reversal. The RSI and MACD are both showing hidden bullish divergence. Which calls for a continuation to the upside.
LUNC about to go higher!Here's a quick Look at LUNC 1 hr chart. As we can see, the price has been forming a bull pennant and a break to the upside could be around the corner. If BTC goes south, then this setup won't be relevant.
The best entry would be when the price breaks above 0.0000255$ with a good amount of volume. One to keep an eye on.
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The idea is: Buy when the price breaks above 0.0000255$ and take profits at the levels shown in the chart.
Targets:
1. 0.0000265$
2. 0.000028$
3. 0.00003$
-------------------------------------------
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!
Luna classic next target Luna classic has risen from the dead.
1.2 percent burn on all Luna classic buys could push this coin to 1 dollar.
In the next 2 years
2 ways we can do this staying as cheap as possible so the burns blow through the coins..
Or as the price doubles so does the volume. The burns will take the same time to decrease circulating coins.
Also 7 percent of all all coins right now are being stakes which also decreases circulating supply.
Right now we are creating a flag pattern with the break out zone around the 7th which is the day the vote takes place on the 1.2 percent burn.
Breakout will take us to the next fib of around .00039
LUNC is on fire!🔥Please 1st of all smash the boost🚀 button to support my work if you like it! It's absolutely for free.
Terra Classic being very generous cash💵 machine these days. To put things in context please see the idea down below first:
So TARGET3 still yet to be hit. Now on lower timeframe (15m) the price is trying to break this local downtrendline resistance. Once broken we could see the run to my last target @ 0.000332, where I will be completely out waiting what's next. I see two possible paths (as shown). The blue/red uptrendline & TARGET2 should act as supports. I don't want to see price dropping below the orange support
Check my other stuff in related ideas.
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LUNC another bullish setupPlease 1st of all smash the boost🚀 button and follow me to support my work if you like it! It's absolutely for free.
Terra Classic is just breaking this triangle📐 and I think there is chance for run to the TARGET3. Setting BUY STOP-LIMIT order to range high to catch🎣 the breakout.
ENTRY : local high @ 0.000283
STOPLOSS (SL) : local low @ 0.0002677
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - STOPLOSS) @ 0.0003319
REWARD RISK RATIO (RRR) : 3.2
INVALIDATION : when SL level hit
For further reference see this...
...and this...
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LUNC Head&ShouldersTerra Classic
This is a follow-up the idea down below:
After false break out of this triangle price dropped back down into the triangle, broke the triangle lower edge, formed Head&Shoulders pattern and broke it's neckline all of which is bearish at least in short-term. Fast moving/changing market. Neckline corresponding with TARGET2 and H&S TARGET corresponding with the TARGET1.
TARGET1 & TARGET2 come from this idea:
Check my other stuff in related ideas.
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LUNC/USDTwell well well . we came backed to #LUNC . may it be pump like before 50x or more ? , will see . TA : so there is super strong support at 0.00009 $ . also BB break out coming .
FA : there is many amazing new for Lunc or Luna . on of them is new listing in poloniex exchange . check it twitter.com . it listed yesterday and super big pump coming .
BNX : THE TIME BREAKOUTThis channel made to track the best possible breakouts of times.
But know that there is no guaranty we could get always the right breakouts. but we try and learn from data of other increase, on this to build a strong data what could support to see next breakouts.
BNX seems to have a high possibility to enter new breakout. Interesting to see or it will get above 135 usd level.
If it keep not confirmed above this level its not interesting for possible high chance breakout.
Trading with high risk is not trading.
There is 100% right into crypto. its all about high chances.
LUNCUSDT 4 Hour RSI Continues to Show Signs of WeaknessI'v Been Awaiting the 4 Hour RSI to Show Weakness before attempting a Second Short on LUNC as the Bearish Dragon Watch is still in effect and we are still trading between the 50% and 61.8% Retraces; Once the RSI breaks through the Bearish Dragon Triggerline we will likely be in full on Warning Mode of coming back down to fill most of the Voids below.
I believe that during this time we will see the RSI make an 88.6% retracement before continuing higher.