LUNA wave counter UpdateI hope you are fine
This is the second update of the Luna Classic wave counter on the big time frame.
A problem that exists among market traders is the problem of level recognition.
The previous analysis was a view of long term Luna Classic.
A recent rise has been formed, which many traders believe has violated the previous wave count, but note that the time frame is large and this analysis is long term.
During the formation of this pattern, we can see many upward or downward fluctuations.
I think that this pump that was done on Luna is red line for pullback and also the diametric scenario of wave c can be correct.
Lunc
LUNC Crucial AreaLuna Classic sitting at .000156 right now which is around the 0.618 fib on the log scale and still within our bullish model. Invalidation comes if price falls below 0.5 fib at .00015
LUNC LUNC daily
Phase 1 price went 10x from bottom in 101 days
Phase 2 price down from the top to local bottom which is also the bottom of falling wedge in 101 days
Price just broke out Falling Wedge pattern on daily
Lets see if we enter phase 3 bullish in the next 100 days
Target 1 : 0.0006
Target 2: 0.0012
💥☃️🌲Terra Classic Analyze (12/26/2022)!!!💥☃️🌲☃️💥💐🌲Merry Christmas 💥💐🌲☃️
I hope 💥2023💥 will be one of the best years of your life, and together we can achieve great success.
Terra Classic was able to make a contracting triangle.
It seems Terra Classic wants to give us a 🎁gift🎁; what is your idea? 😀
I expect Terra Classic will go up to the 🎯targets🎯 that I specified in my chart.
Terra Analyze ( LUNAUSDT ) Timeframe 30min⏰ (Log Scale).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
LUNCUSDT Falling Wedge leading it to its doom. Unless..Terra Luna Classic (LUNCUSDT) has been consolidating since the December 16 drop having formed a Support Zone (green) just below the low of the FTX (November 08) crash. This consolidation is taking place below the Higher Lows trend-line that was holding since June 09. The price remains below the 1D MA50 (blue trend-line), 1D MA100 (green trend-line) and the recently emerged 1D MA200 (orange trend-line).
This Falling Wedge will most likely take the price to its bottom (Lower Lows trend-line) by January if it breaks the green Support Zone. On the other hand a break above the 1D MA50, targets the 1D MA100 and further break there targets the 0.0002790 Resistance (1) of the November 05 High. The Resistance 1 is on the 0.0003710 (October 02) level.
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LUNC Trendline BreakLuna Classic perfectly tested our down trendline and retraced downwards which is common. Indicators pointing bullish. Keeping my eyes peeled for a breakout - should be a quick pump to .000162 as a short term price target.
Terra Classic(LUNC) Price May Withness a Bullish Breakout SoonTerra Classic is approaching the end of the yearly trade, marking the lowest levels ever since it was rebranded and separated from Terra. The price is closer to adding up another zero in its value after facing rejection from interim highs around $0.00014106, in the past few days.
The LUNC price is now approaching the pinnacle of the falling wedge consolidation which is largely believed to be bullish in the long term. Meanwhile, the RSI of the token is also raising after rebounding from the lows, indicating the revival of a possible bullish trend ahead.
With a bullish breakout, which may happen in the first few days of 2023, may hit the last point of defence at $0.00001 and rebound high to reach levels above $0.000015 initially and later try to test the levels close to $0.00002
LUNC to pump⛽ again?Terra Classic seems to be ready to break up out of this triangle 📐 and if successful I think there is chance for run to 0.00035 and even higher.
ENTRY : local high @ 0.00028775
STOPLOSS (SL) : local low @ 0.00027075
TARGET1 : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 0.00035
TARGET2 : resistance @ 0.00040
REWARD RISK RATIO (RRR) : TARGET1 - 3.6 | TARGET2 - 6.6
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
LUNC UPDATE (Still Bearish)I hope you are fine.
Read the text carefully.
According to the engulf of the previous bottom of 0.00013018, I think we are facing a larger degree pattern. I think the pattern is a diametric as before, but the degree of this pattern is bigger than what I expected. Now I think we are still in the e-wave of decline. I marked the route on the chart
Ask if you have a question
Thank You
The most important time for LuncAccording to the chart, Lunc touch the most important support line.
Now, Lunc may start the market at any time.
If Lunc effectively falls below the support level, All the logic of the market does not exist
and nobody will know what the price will be.
Hold is never easy, God bless lunc, Good luck.
IS LUNA AGAIN GOING TO MEET 0? Target 0,10TA shows a breakdown trend for LUNA, and it seems Luna is on a level where it can breakdown below $0,50
Know that trading is risky, this update is not trading advice, it's only our view about the coin.
Data shows that LUNA is able to break down again.
There is no max supply, and more coins can be printed again. ( the possibility is there)
clear that the price action is repeatzoom in and look
It is very clear that the same price behavior will be repeated. The difference in the driving force between the waves and its correlation with the time period.
The stronger and larger the wave, the longer the correction will take
But it is clear that the correction every time has the same consequences as the one before it
Bearing in mind the trading volumes that negate the bearish trend and confirm the bullish trend.
Even the RSI is showing the same behavior as the previous waves
I expect a rise in the currency in the coming weeks if the market situation improves a little
We are witnessing a new peak breaking through the previous one
If the current support is broken, the analysis fails....
Terra Classic Analyze (12/16/2022)!!!🌚Terra Classic has been running on descending channel for weeks.
Terra Classic was able to make a symmetrical triangle in the middle of descending channel.
Terra Classic broke the lower line of the symmetrical triangle.
I expect Terra Classic will go down at least until the support zone.
Terra Analyze ( LUNAUSDT ) Timeframe 4H⏰ (Log Scale).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
lunc/busdlunch is easy to go 0.1$ by 2025 buy now its impressive I will post this on 2025 see you soon