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Luncbusd

Short LUNC (*to zero....)LUNC - still not late to the short game (do NOT overleverage) The driving force behind the pump was the *burn mechanism - but even basic analysis shows that if CEXs don't onboard the burn mechanism the daily loss will be around $55k which for an inflationary token with a $3Bn market cap is Nada (note daily circulating token inflation is around $155k) The *burn narrative - using pre-tax usage number to extrapolate post tax figures is bad maths. Application of the tax reduces LUNC utility as a chain compared to peers to essentially nil. There are big holders - unlocking around $2.5m USD per day leading up to the 15th Sept. They're going to sell into this panic. 20th is burn day - most certainly sell that news but I'm positioning earlier than most. Expect volatility, there WILL be a short squeeze, position accordingly and don't use leverage. SL is pico top. TP 1 and 2 marked. Happy hunting.
LShort
by Flyte-X
4
TERRA LUNA CLASSIC cooldown potentialAs the total crypto market cap and BTC approach an almost year-long resistance level and an also ascending trendline in the coming days or weeks it is time to think about possibilities of either breaking up from there (truly or just in a fakeout) or turning down from those levels. Considering what the charts show us on TERRA LUNA CLASSIC and thinking about the fundamentals - I am speaking about known facts and not the promises and hopes that may or may not come true - I wish to discover the potential downside of this token in the coming weeks or months. I may be wrong of course but I am considering taking some profits on the tokens I luckily managed to buy at way lower prices. From a technical perspective we can see that an ascending head and shoulders was drawn perfectly. Though this pattern is not as strong as a horizontal one it still has some potential. We can see that the neckline has recently broken down and the price has been stopped on the immediate support trendline just underneath. Now the question is whether this line will hold or not. It has a likeliness so I would caution anyone to short the market right now but I am prepared to place a stop-sell order somewhere under the trendline with a safe stop-loss somewhere above it. Another fact that reinforces my thesis is a past local high around $0.00017 that was broken but not yet retested. As you can see the current break of the neckline with the measurement of the head top and neckline distance would take the price exactly back to $0.00017. That or somewhat above that is where I would take my profit on the short position.
LShort
by LaiChee81
4
LUNC case for perfect BULL RUNBINANCE:LUNCBUSD Here is what I think about the LUNC token: >> While vast majority of traders fear of a fall, I think there is also a bright part of it. As most of the whales had their purchases made at the bottom of the chart, it was reasonable to expect such price retracement (they already made 10-20x on a token) >> Also there is no reason to push a price up until BURN TAX goes live. If price was too high, the burning process would be much slower, so there is a reason to keep a price low a long as possible for now. >> For the further growth it would be great for a price to reach an imbalance zone and only after push the price up. >> other scenarios are pretty bearish :D I WISH EVERYBODY TO REACH THE MOON ;)
L
by SimplyClever
LUNC looking to move back down to lower prices Following the huge pump which has got many crypto bulls excited we can see a head and shoulder pattern on the hourly and 4 hourly chart. If we use the rules of the head and shoulder pattern and take the measurement from the top of the head down to the neck line, this is technically the downwards target we will see once the price breaks the neck line. I have price targets of 15 where i will be loading again. Currently took profits at these levels.
LShort
by joshbrawn1
3
LUNA Classic next entry level! Here's a quick Look at LUNC 30 min chart. The best entry would be when the price breaks above 0.000451$ with a good amount of volume. ------------------------------------------- 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$ ------------------------------------------- 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!
LLong
by MBM_Crypto
8
Trading Signal For LUNCBUSD TerraClassic Trading Setup: There is a Trading Signal to Buy in LUNCBUSD TerraClassic LUNCUSDT Traders can open their Buy Trades NOW Rank : ⭐️ ⬆️Buy now or Buy on 0.00034437 ⭕️SL @ 0.00028216 🔵TP1 @ 0.00055000 🔵TP2 @ 0.00064000 🔵TP3 @ 0.00077000 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked our ideas, please support us with your likes 👍 and comments .
LLong
by pullbacksignal
17
Terra Classic rebirth ?? (LUNC)After going from almost $100 billion in TVL to around $10-15 million currently, Terra Classic seems to be on the rise again. The Terra Rebels, a group of former validators wishing to continue on the original blockchain, decided by vote to implement a "burn" (a tax) of 1.2% on each transaction (except when providing or withdrawing liquidity, or stake) in order to go from a supply circulation of 6500 billion LUNC (!!!) ---> to less than 100 billion tokens, hell of a surge!! Staking has been activated since yesterday, and burn will be activated in mid-September, maybe a little before... So why not put a small coin in it and play this "Rebirth"? Technically, no clear trend, normal at the same time for a token which saw its supply multiply by more than 6500 in a few hours ^^ So there could be nice returns, but BE CAREFUL (stay safe, not too much exposed). Peaaace
L
by LaDanze29
LUNC targets*log scale Terra Classic is rising from ashes. It broke out of this triangle📐and my targets for longs being as follows: - TARGET1: height of the triangle projected from midpoint of the local range @ 0.00017090 - TARGET2: resistance @ 0.00025600 - TARGET3: resistance @ 0.00033200 Check my recent LUNC short-term trade 👇 Just a reminder how not being greedy can pay off 👇 Check my other stuff in related ideas. Please boost🚀, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence. an hour ago
Long
by bizmark
12
LUNC about to go higher!Here's a quick Look at LUNC 1 hr chart. As we can see, the price has been forming a bull pennant and a break to the upside could be around the corner. If BTC goes south, then this setup won't be relevant. The best entry would be when the price breaks above 0.0000255$ with a good amount of volume. One to keep an eye on. ------------------------------------------- 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!
LLong
by MBM_Crypto
12