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LUNA CLASSIC BOUNCE THEN CONTINUATION TO .00009 HEAD & SHOULDERSLUNA CLASSIC LUNC Luna seems to be bouncing within this falling channel/wedge. If LUNC has the volume and manages to break out of this wedge then I can see a nice run to .00033 and if there is enough steam and volume then a spike to .00035. At that point I believe LUNA will drop back down to previous support at .000288. Once that happens LUNA will have formed a perfect head and shoulders on the hourly all the way to the 6 hour, in which a measured move drop would bring it to its previous low in this correction at .000182. From .000182 there is hardly any real support all the way down to .00015 - .00009 and I see LUNA breaking right through .000182 after maybe a tiny bounce and then continue to bleed out all the way down to .00009ish. My previous targets still stand, I do not see LUNA taking off from here, this was a relief rally and once its over the correction will resume. I also wanted to update you Lunatics on the burns. So far since the burns started LUNA has burned about 10 Billion tokens. Binance burned about 5 billion in a week of their transaction fee burning bullshlt. This is the most important part please focus: EVEN IF LUNA BURNED 10 BILLION A WEEK IT WOULD STILL TAKE 100 WEEKS TO BURN 1 TRILLION. THE SUPPLY IS STILL ALMOST 6 TRILLION! AS SUPPLY DECREASES THE AMOUNT OF TOKENS BURNED DECREASE DRAMATICALLY. IT WILL TAKE MORE THAN 20 YEARS TO BURN 90%. I don't understand why everyone is still screaming for $1, $.10, or even a penny, itll never happen with the current supply and because this thing has no use case other than to be pumped and dumped. Then calling me stupid because I am posting the truth trying to save you poor suckers from a scam. What is wrong with you people? Did any of you pass simple 6th grade math? Is the dream state too sweet to get out of? Are you all on drugs? I don't understand what it is but something is wrong with the whole lot of you. I think in your mind you're so set on becoming millionaires that you have lost sight of common sense and what is actually happening because of the delusional dream state you're all in. It reminds me of that movie Don't Look Up. Then when the rug gets pulled and you jackasses loses all your money you start crying to mommy, stomping your feet, and wanting to sue and blah blah blah. At this point I know Ive saved a good handful of people from losing their shirts and they took profits and got out of this scam and put their money into something with true value. Kudos to you guys who did get out. The rest of you, I wish you the best and I hope that when LUNA does crash and you're money is in the whales pockets who dumped on your face this whole time, that you aren't scared to enter crypto again. These scams really put a dent in crypto adoption when they collapse, because it scares people out of the market. At least until the next bullrun when you guys buy the top and sell the bottom again. How many times does someone have to run into a glass door or lick a metal pole in the winter to realize it hurts? THIS IS NOT TRADING OR FINANCIAL ADVICE THIS IS JUST MY OPINION. GIVE ME A BOOST AND FOLLOW FOR MORE! THANK YOU AND GOOD LUCK
Short
by Bitgolder
9
PIVX Inverse Head & Shoulders Measured Move At Least $1.50PIVX formed almost a perfect inverse head and shoulders on the BI Weekly chart. Price action has closed above the neckline. A measured move of at least $1.50 is coming with a possible move up to previous highs to follow. PIVX is being accumulated, and the buy orders have been increasing exponentially on the exchanges. Something is in the works for PIVX and its being accumulated under everyone's nose. PIVX total supply is not very high so get your hands on some before it hits double digits. I think PIVX time to shine is coming. This is not trading or financial advice this is just my opinion. Thank you.
BINANCE:PIVXUSDLong
by Bitgolder
30% RALLY AHEAD ON USTC WITH A BULLISH BREAKOUT 🚀Check out the trade plan for USTCBUSD today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you! Expecting a bull breakout on the following falling wedge pattern identified. Where we have completed the 5 waves in the bear trend recently. This can be supported by the support highlighted for a bullish reversal here for a decent 30% gain ahead.
ULong
by traderchamp_
5
LUNA CLASSIC HEAD & SHOULDERS FORMED AS PREDICTED > SLOW BLEED!LUNC is moving exactly as I predicted in my last chart (ill link it below for you non-believers). The head and shoulders has formed and LUNC is trading below it now. The neckline is broken and the price is hanging on by a thread at this point. A huge drop is coming for the measured move, down to at least .00018 and then a bounce there at the dynamic support level up to about maybe .00024. Then a quick drop back below .00018 and then a slow bleed to major support around .00009 and wicks lower to .00008 is very possible once the panic selling starts and the staked coins start to become un-staked and sold. Anyone who is staking LUNA is screwed in my opinion cause it takes something like 20 days to unstake and by the time they get them the price will be .00009 if they are lucky. LUNA CLASSIC will never burn the coins everyone is hoping it will burn. All this burn talk and Binance burn is to literally keep the suckers hanging on so the big fellas can dump it on their chin. Oh and for USTC to re-pegg it needs to be trusted and used as a stablecoin, that will never happen so drop that idea right out of your heads right now. Shame on LUNA for screwing you all the first time but, Shame on you all for getting screwed twice in a row with this sh!tcoin! Also for all the you-tubers out there pumping this piece of horsesh!t, phuck you too, you're all sh!tbags for screwing over innocent people so you can get your damn clicks, karma is a MF. Get phucked! THIS IS NOT TRADING OR FINANCIAL ADVICE THIS IS JUST MY OPINION. GIVE ME A BOOST AND FOLLOW IF YOU WOULD LIKE TO SUPPORT MY WORK. THANK YOU AND GOOD LUCK OUT THERE. THIS IS MY PREVIOUS CHART I MADE SAYING THAT THE PRICE ACTION WAS NOT GOING TO FORM NEW HIGHS WHEN EVERYONE WAS SCREAMING LUNC NEW BULL RUN. I SAID INSTEAD IT WOULD FORM A HEAD AND SHOULDERS AND THEN CONTINUE THE DROP.
Short
by Bitgolder
18
LUNA CLASSIC HEAD & SHOULDERS FORMED AS PREDICTED > SLOW BLEED!LUNC is moving exactly as I predicted in my last chart (ill link it below for you non-believers). The head and shoulders has formed and LUNC is trading below it now. The neckline is broken and the price is hanging on by a thread at this point. A huge drop is coming for the measured move, down to at least .00018 and then a bounce there at the dynamic support level up to about maybe .00024. Then a quick drop back below .00018 and then a slow bleed to major support around .00009 and wicks lower to .00008 is very possible once the panic selling starts and the staked coins start to become un-staked and sold. Anyone who is staking LUNA is screwed in my opinion cause it takes something like 20 days to unstake and by the time they get them the price will be .00009 if they are lucky. LUNA CLASSIC will never burn the coins everyone is hoping it will burn. All this burn talk and Binance burn is to literally keep the suckers hanging on so the big fellas can dump it on their chin. Oh and for USTC to re-pegg it needs to be trusted and used as a stablecoin, that will never happen so drop that idea right out of your heads right now. Shame on LUNA for screwing you all the first time but, Shame on you all for getting screwed twice in a row with this sh!tcoin! Also for all the you-tubers out there pumping this piece of horsesh!t, phuck you too, you're all sh!tbags for screwing over innocent people so you can get your damn clicks, karma is a MF. Get phucked! THIS IS NOT TRADING OR FINANCIAL ADVICE THIS IS JUST MY OPINION. GIVE ME A BOOST AND FOLLOW IF YOU WOULD LIKE TO SUPPORT MY WORK. THANK YOU AND GOOD LUCK OUT THERE. THIS IS MY PREVIOUS CHART I MADE SAYING THAT THE PRICE ACTION WAS NOT GOING TO FORM NEW HIGHS WHEN EVERYONE WAS SCREAMING LUNC NEW BULL RUN. I SAID INSTEAD IT WOULD FORM A HEAD AND SHOULDERS AND THEN CONTINUE THE DROP.
LShort
by Bitgolder
3
LUNA IS NO MORE.. WE WILL SEE ANOTHER -40% DECLINE AHEAD!!Check out the trade plan for LUNA today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you! Negative fundamentals over luna is impacting the price heavily on the lower timeframe. We have seen a complete wipe-off on the gains that happened since gamblers' entry. Now the holders who entered around the current market price are at risk due to another possible decline which can value a -40% or more in the meantime. Expecting another reversal / sell-off to happen on the following highlighted resistance area.
Short
by traderchamp_
17