Get started

LUNCUSDT

LUNCUSDT What to watch out on the short-term*** *** For this particular analysis on Terra Classic we are using the LUNCUSDT symbol on the KuCoin exchange. *** *** The idea is on the 4H time-frame where LUNC is extending the parabolic rise it has been on since the August 19 Low. As we mentioned in our previous analysis the break-out above the 1.0 Fibonacci level was an instant buy signal and the price is now approaching the next one, the 1.5 Fib extension. The 0.00045 Resistance from May 26 is now broken, so on the longer-term at least, a new pattern is emerging. On the short-term though, a sell near the 1.5 Fib on a tight SL on the Fib level exactly, can be solid with low risk targeting a little above the 4H MA50 (blue trend-line). A closing above the 1.5 Fib though would again be an instant buy signal, targeting the 2.0 Fib. On the other hand, a closing below the 4H MA50 (would be the first time since August 23), would be a sell signal targeting either the 4H MA200 (orange trend-line) or the 0.5 Fib (whatever comes first). On a side-note, notice the Channel Down on the 4H RSI and how well each Lower High and Lower Low have been excellent sell and buy entries respectively. Use this to your advantage. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot
4
LunC short term top (Risky call - testing my EW theory)I believe this is the top area of the (macro) wave 3 on LunC. A lot of people are gonna be angry with this call. Also, wave 3 is generally the most parabolic wave so it would be very dangerous to listen to a top call. I don't know what the opposite of 'catching a falling knife' is - but this is it. This of course means we are still waiting for a wave 5 though. So this means i'm only bearish *SHORT TERM*. This doesn't mean I'm calling THE top of the whole move; so I don't want anyone crying for me calling the overall move to be over.
by thekevin
10
LUNCUSDT PumpedLuna Classic made some big move independently from Bitcoin. There was over 1500% to be made at 20X Leverage in a long from 10,000 now its near 40,000. If you want big pay days you have to keep a keen eye out for things that are shaping out. That is why it is so important to spot the patterns and look at the MACD to get an idea of things. I knew this was going to pump. I was in a long from the blue lines but got out early in case it dumped drastically out of no where. The signals are to he trusted that's for sure. Like even the 3 minute didn't stop being long that whole time. Good luck out there 👍
by EliteSignals
3