LUNC false break-down alert?Hi guys,
LUNC has been consolidating in a box since November 2022. Its pattern is interesting.
We can see that there is likely a false break-down after recent moves of LUNC. Based on Wyckoff methodology, it could be a Second Test in Phase B or a Spring Test.
In both cases, it's logical that prices will retest the higher range.
As these reasons, the proposed setup is in chart.
And you, what's your view on this crypto, almost forgotten?
Lunc
🔥 LUNC Underperforming: Waiting For Break Out!LUNC has overall been going down since September last year. Even when the whole market pumped this year, LUNC is now trading ~23% below the 2023 open, which is a negative feat in itself!
As seen on the chart, there's a massive diagonal resistance that keeps LUNC from doing anything bullish. As long as we're below this line, nothing of importance will happen.
Wait for a break out through the resistance. As soon as we get one, things can get interesting. Note that it can take a while before the actual break out will occur.
Luna Classic Bullish ScenarioLuna Classic has already experienced a lot of depression and sideways movement. I think the door is open for the big players…
TP: 0.0012-0.0013
That is all.
LUNA CLASSIC - DAILY ANALYSIS (BULLISH)Conditions in the LUNC market have been stressful for several months.
Many traders at LUNC have experienced liquidations in recent weeks.
I think this desperation has bottomed out and the big players are on the move.
I'm starting to look for a similarity between today (2/24) and the day before the big bullrun (August 21, 2022).
As for me, I am strongly bullish.
Big Tuna LUNA this is it right here folks, the moneymaker, the generation shaker, when they talk about life changing money this is what they mean. if anyone wants to compete with elon on the global stage, theyll have to yolo a punt like this and pray it turns around. massive opportunity folks dont sleep!
LUNA2 4 HOUR UPDATE ( TECHNICAL )For more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial.
Please note that any trading updates provided here are for educational purposes only, and it is always advisable to conduct your own research before making any investment decisions. It is important to ensure that all conditions are met before following any trade plan suggested in this update.
Terra or Terror Classic? Weekly BoxTerra Classic
(LUNC)
Date: 4/3/23
If we bounce on the red Line(s)
Bullish Targets:
(1) .00015000 (23%)
(2) .00015800
(3) .00016500
(4) .00017600
(5) .00018000
(6) .00021000 (71%)
If we bounce out of the box, just sell! It's not going to be good.
Retest .00004 possibly (-60%)
3 Buy level for LUNCFind from the chart above of the 3 key basic levels of potential demand for LUNA Classic. These are the critical areas for maximum profit in the long term
LUNCUSDT potential buy opportunities LUNCUSDT will go towards expected range as shown in the graph. It will give you handsome profit. At Current position LUNCUSDT is not good choice to buy it.
ANCUSD: Volume Spikes into a Bullish Deep Gartley 0.886 PCZWe've had alot of bearish volume come in to attack the PCZ of this Deep Gartley the last few days but yesterday we closed above the 0.886 with more volume than the previous 5 days of declining bearish volume and Bullishly Engulfed the previous day's price action. As a result i will be expecting to see ANC become a bullish outperformer in the near future.
LUNC - Ready for BreakoutLUNC is finally ready for breakout after staying in tight pricing zone for more than a month.
Notably, it made almost 900% gain from its All-Time Low and then entered pullback mode. There it remained dormant for a few weeks.
I am not aware about any specific news that may have caused this attempt for breakout, but technicals tell it is ready. Moreover, the attempts of Luna community to revive this dead token may bring some fruits in future.