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Lunc

LUNAC LUNA CLASSIC Luna Is Losing Steam! Heavy Selling Coming!Luna has been bouncing up and down within some support and resistance levels for a couple days now. I said yesterday that we would drop down to about .00026 and that happened. We didnt get down to .00024 because .00026 was decent support. Bouncing back up to .00029 and now we are ranging within those two levels. The larger head and shoulders has been formed and now Luna is bouncing off the neckline support fo the head and shoulders. If Luna starts trading below the neckline and closing hourly candles below then expect a significant drop down to .00016 minimum. If .00016 fails then we will probably see another 50% drop down to previous lows/support around .00009 ish . Invalidation of this large head and shoulders would be if Luna starts trading above .00035 and closing at least 30 minute candles above that. I don't see that right now because volume is weak, and the market in general is bearish at the moment. Good luck out there everyone, this is not financial or trading advice this is just my opinion. I update frequently, so follow me for more. Thank you On a lower time frame 15 minute chart, Luna has formed a W formation. This is a bullish pattern and a measured move would bring it to about .00032 if the pattern is validated and completed. See below:
Short
by Bitgolder
33
LUNA CLASSIC LUNC Classic Double Top Forming, Target .000265Luna made its pump I said it would make in the previous chart chowing the W formation. It pumped exactly to where I said it would. It then correct and had another pump but the second pump failed to get above the previous pumps high so now Luna is forming a double top on the 30 minute and 1 hour time frame. indicators are showing weakness still. My short term target is .000265 over the next couple of hours, in which At that time Luna will have created another head and shoulders (i will link another image below showing that head and shoulders potential forming. A measured move from that head and shoulders down will be around .00019 mark and with little support in that area I think a further drop down will follow. One this downside break starts its going to be swift. Luna could lose 50% within an hour or two so you need to be quick. For now though lets hope the .00026 and the .00024 hold and hopefully that head and shoulders will be invalidated. Good luck out there my friends, this is not trading or financial advice. Give me a like and follow me for more updates. Thank you.
Short
by Bitgolder
4
LUNA CLASSIC LUNC : Small Bounce .00032 Complete, Down From HereLUNA has completed the measured move of the W chart formation I showed in the previous chart. It was just a little rally, nothing too serious. Resistance still not broken and still lower highs. Its breaking down from this pennant, and ironically this pennant has yet another head and shoulders. That measured move would bring Luna back down to .000285, and probably further down back down to .00026 ish level. The Daily MACD is still straight down so these little rallies are nothing to get wet over. I still believe that if we break the neckline of the giant head and shoulders on the 4 hour and close below it then we are going to see a drop down to .00015. I we can break above resistance at .00035 then we will see a nice rally to just below all time highs and if we can sustain that then new highs but thats not likely at this time. This is just my opinion not financial advice. Follow me for more updates. Thank you
Short
by Bitgolder
12
The final sprint, Lunc will go to the moon (2000%+)According to the chart, The stoch RSI is in oversold state, Last time the blue line go through the orange line, Lunc price from $0.000085 to $0.000595 (750%+), Now the blue line go through the orange line again, The elliott wave E will more crazy than C, Lunc price will touch $0.006+(2000%+), Maybe more surprise will come( touch $0.009+). Wait patiently for all kinds of good news( such as binance will support Lunc burn off-chain ) Hold is never easy, Good luck.
LLong
by haishinage
18
LUNA2USDT: 3 Rising Valleys at PCZ of Bullish Deep GartleyWe have 3 Rssing Valleys at the PCZ of a Bullish Deep Gartley on LUNA2 ona significant Timeframe. If LUNA2 can start to make it back up towards to confirmation line above we could then see some accelerated movement to the upside. As of right now LUNA2 sits at the 88.6% Retrace from the last valleys low to the last peak's high so this would be a nice chance to try to get an early entry. with targets at the validation line and at 3.5 and the 61.8% retrace from the last high to low at $5.6
Long
by RizeSenpai
1
LUNA CLASSIC LUNAC .00028 Support Failed Next Stop .00026-.00024LUNA CLASSIC made the move I expected. It broke right through the .00028 level and is now headed down to .00026 and .00024 if that support fails. I think a small bounce at .00026 is probable and then I think we're continuing the downward trajectory to .00024 and then .00021. If we break below .00024 and close below that on 2 15 minute candles then we are headed to .00021 and then we will re-evaluate, stay tuned and follow for more updates. This is not financial advice this is just my opinion. Good luck my friends. P.S. I saw a 2 drive bullish divergence on the StochRsi so we may have a bounce back up to .000288 or so before the downside continuation.
Short
by Bitgolder
12
LUNA CLASSIC LUNC Failed To Get Above Resistance, Getting Weak!LUNAC hit major resistance at .00034 or so and it had a hard time getting above that. It broke down out of the falling wedge, invalidating the possible upside break. Luna then starting forming a rising wedge up to the bottom of the wedge it broke down out of and now that rising wedge has broken down. I see at least a move down to previous support around .000283 - .000287, we may have a small bounce there but I think its going to fall right through down to .00024 in the short term, probably in a couple hours. We may have a small bounce from this level back up to about .000303 and then slam down. The technical indicators are all looking bearish and weak from the 1 hour all the way to the 3 day. If LUNA manages to rally and close above .000303 then a move to .000307 is likely and then if we close above .000307 then a move to about .000316 is likely. if we break .000316 then we will probably rally to previous resistance at .00034 and re-evaluate at that time. Thank you for checking out my chart. This is not financial advice, this is just my opinion. If you like these updates then give me a like and follow me. Good luck out there everyone.
Short
by Bitgolder
4
Terra Classic LUNC - Last wave before a dump! | Elliott Wave LUNC is now a very hot altcoin, but it looks like the uptrend will end very soon. If you want to buy LUNC, then wait for a pullback, at least to the start of wave 4. As per my Elliott Wave analysis, this huge impulse wave is pretty much done because we are in the last fifth sub-wave. As you can see on the chart, wave 2 was a triangle. You may say that wave 2 cannot be a triangle because it's on the public internet as a rule. But this information is incorrect. Wave 2 can be a triangle, wave 3 can be an impulsive diagonal, and sometimes wave 3 can be the shortest wave, believe it or not. I think LUNC will go much higher, but first we should have a correction that can last a few weeks or months. Elliott Wave theory is a very powerful technique when volatility is high. On the other side, when the market is going sideways, it's losing its power. For more analysis, please hit "Like" and "Follow"!
by UnknownUnicorn2537518
98
LUNA CLASSIC LUNC Cant Break Resistance, Breakdown Possible :(Luna Classic was looking good yesterday, the run was going strong and then it hit a wall at .000335 or so and its had a hard time getting through that. Keep an eye on the .00029 level I think thats where we are headed now in the next hour or so, if we break that then we head down to about .00026, if we break that then we head down to .00024, if we break that then it looks like the macro head and shoulders correction may play out and we will see .00015 - .00009. Keep an eye on those support and resistance levels. I cant make too many charts today, I wont be home but ill try and update throughout the day. I am currently in cash, I sold at the break of the .000315 level and now waiting to see what happens. Good luck out there my friends. This is not trading or financial advice this is just my opinion and what I am doing. Thank you
Short
by Bitgolder
6
TERRA LUNA CLASSIC (LUNC) short-term bull positions?Even though the crypto market is in a downtrend, LUNC seems to defy the market with its recent bullish momentum. The head and shoulders and the downtrend of the past days seems to be breaking on the hourly timeframe with higher than recent average volume. It still needs confirmation on a daily basis (which may be too late but it is better to miss a trade than chase one). I am presenting you 4 trade possibilities that I am going to take. All of them are bullish (as long as the short term upward channel remains intact). I am risking 0.25% of my total trading capital on each, making my open risk a total of 1% in case all of them are fulfilled. If I lose all then I do not lose more than 1%. As you can see, all of them are at least of 2.0 risk-to-reward ratio. Protecting your capital is even more important than winning all your trades. If you do not understand how to size your positions, please do not follow my trades! Find a tutorial on YouTube or here on TV about position sizing and money management! As the entire crypto market is in a general downtrend, these 4 positions have higher-than-normal risk!
LLong
by LaiChee81
ANC: THE RETURN FROM THE BOTTOM TO 1 USDANC is in an important Trading zone, and it can show us soon unexpected increase move, as it seems this place where ANC are is at the same time also a whale zone where some interest can get. LUNIC and Luna did get already them pumped: and it's only about time before ANC the same will get. Know that any investment is very risky, as this is also not trading advice. Let's see it coming time how this will play out. Targets expecting: The first target is 0,20, from there we can increase it to 0,64. If there is some hype on this coin we could hit the 1 dollar, but this can be done with high-trend whales. How ANC looks depends on trading. For day trading and short trading, it seems good, and long term there is still no confirmation for an uptrend, as this can happen with days.
ALong
by Goldenbreakout
LUNA CLASSIC LUNC Possible Larger Inverse Head And Shoulders!Luna is in a current run playing out a measured move of the inverse head and shoulders I showed in the other charts I did. I just noticed that if the support and resistance plays play out like I think then Luna will be forming a much larger inverse head and shoulders on a higher degree of trend. That measured move would bring it to the previous high at minimum. This looks like a possible path for Luna Classic. Gotta be quick with this one it moves fast ladies and gentlemen. This is not trading or financial advice this is just my opinion. if you like ideas like this and frequent updates then give me a like and follow for more. Good luck out there everyone. Thank you
Long
by Bitgolder
11